-The Economic Times The IBC’s ‘fresh start’ process provides a systematic manner of waiving debts overseen by a judicial body. Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before elections, they have a long history at both central & state levels. However, the efficiency of waivers in actually resolving the debt burden of farmers is questionable. Waivers may work as...
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Centre to incentivise work-from-home jobs -Yuthika Bhargava
-The Hindu Govt. working on scheme to offer financial support to both employers, employees in IT/ITES sector The government is working on a scheme to push work-from-home jobs in the IT sector by offering financial incentives to both employees and employers. “Incentivising work-from-home jobs through policy-level initiatives can help in creating jobs in the ITES domain while increasing the available talent pool for the sector. This will create employment opportunities in the IT/ITES...
More »Probe into 3 national capital hunger deaths fudged details to cover up: Delhi govt -Sourav Roy Barman
-The Indian Express The Indian Express has learnt that two inquiry reports into the issue, prepared by Women and Child Development Department, were allegedly riddled with falsities, prompting Sisodia to lash out at the department’s secretary over what he termed a “fraud”. New Delhi: Anganwadi registers were allegedly “fudged”, pages “pulled out” and pencil records “erased” and overwritten to falsely establish that three sisters aged 8, 4 and 2, who died...
More »Unmet farm challenge
-The Indian Express Policy still hasn’t adjusted itself to address the crisis of agricultural produce deflation. India’s agricultural output grew by hardly 2.7 per cent during the last October-December quarter. That isn’t bad, if one takes the corresponding year-on-year increases for the preceding 10 quarters; these have ranged between 4.2 per cent and 7.5 per cent. The cause for concern is that these reasonably good production growth rates in “real” terms...
More »No achhe din for the farmer -Ashok Gulati & Ranjana Roy
-The Indian Express When it comes to agriculture growth, the NDA government compares poorly with its immediate predecessor. The next government must initiate structural reforms, set realistic targets The Central Statistics Office (CSO) has released the second advanced estimates of national income for 2018-19, along with the quarterly GDP estimates for Quarter 3 (Q3). The overall GDP for Q3 is down to 6.6 per cent and for 2018-19 as a whole,...
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