-The Economic Times Arvind Panagariya, a professor of Indian economics at Columbia University, hits out at Nobel laureate and Harvard University professor Amartya Sen over his call to confront MPs with the "number of deaths" a delayed Food Security Bill can cause. The former chief economist at the Asian Development Bank counters Sen's argument that it is high social spending that has contributed to the economic growth of Asian economies such...
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Foodgrain production in kharif season likely to increase by 8% -Jacob P Koshy and Ragini Verma
-Live Mint The kharif crop may improve by 8.1% to 135 million tonnes, after falling by 2% last year due to weak monsoon Foodgrain production in India's kharif season, the summer crop, is estimated to increase by a little more than 8% this year on expectations of normal monsoon rains, boosting hopes of a recovery in Asia's third largest economy and a decline in food price inflation. The kharif crop may improve by...
More »Public Deprived System -Jitendra
-Down to Earth The country's 76 million poor have been denied the right to claim subsidised foodgrain under public distribution system The government has denied 76 million people in the country eligible to access public distribution system (PDS) the benefits of the food security system. For the past 20 years, the government has not cared to refresh its Data and has been distributing foodgrain according to the population figure of 1991. Worse, the...
More »Aadhaar–LPG linkage still tardy in Andhra Pradesh
-The Hindu ‘Consumers must get Aadhaar number linked todatabase of oil companies and bank accounts' Hyderabad: Even as the Centre announced that the rollout of direct transfer of the cash subsidy on LPG would be from June 1, only 55 per cent of consumers got their Aadhaar number linked to the database of oil companies in the five districts in Andhra Pradesh. Even poorer is the linkage of Aadhaar numbers to the bank...
More »Reforms’ unintended fallout -Ashoak Upadhyay
-The Hindu Business Line A mint-fresh working paper by the Reserve Bank of India once again trains the spotlight on a problem that, for five decades, every policy-maker has planned to snuff out, failed to, and then wished it would go away if ignored. But financial exclusion simply hasn't, and we now have the central bank applying its forensic skills to an examination of its magnitude. The title of Working Paper Series...
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