-TheWire.in Demonetisation as a means of tackling the black economy was destined to fail. What’s worse is that its ripple effects are having severe adverse effects on India’s economy. That 99% of the currency demonetised found its way back to the RBI has been known for some time. The surprise is why it took so long for the announcement to be made. An article in the Economic and Political Weekly in June...
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Farmers' suicides in Punjab: Looking beyond indebtedness -Sher Singh Sangwan
-The Times of India Punjab, the leader of green revolution during the '70s, has become disreputable for farmers' suicides in last two decade or so. Usually, these suicides are attributed to farmers' indebtedness to banks and commission agents. However, it is to be noted that bank credit has played a pivotal role in investment into tubewells, tractors, farm mechanization, horticulture, dairy, poultry and forestry all over India, and especially in Punjab and...
More »Non-Performing Govt Schools Should Be Handed Over To Private Players: Niti Aayog
-PTI Non-Performing Govt Schools Should Be Handed Over To Private Players: Niti Aayog Government think tank Niti Aayog has recommended to hand over non-performing or "hollowed" government schools to private players under the public- private partnership (PPP) mode. The Aayog, in its recently released "Three-year action agenda", has recommended that the idea, where the private sector adopts government schools while being publicly funded on a per child basis, can be explored. According to the...
More »PDS focus should be on people, not fingerprints -Geetanjali Krishna
-Business Standard For those whose fingerprints don't match, life becomes 'imPoS-able' New Delhi: In certain circles of Jharkhand, a newly-minted term has become the source of heartburn and more — PoS-able. It refers to whether or not one’s fingerprints match on the PoS (point of sale) biometric readers in ration shops. Those whose fingerprints match, access their allotted ration. For those whose fingerprints don’t match, life becomes ‘imPoS-able’. According to an ongoing...
More »Over 90 Lakh Farmers Benefited From Crop Insurance Scheme, PM Modi Told
-PTI PM Narendra Modi was informed that claims of over Rs. 7,700 crore have already been paid to farmers under the Pradhan Mantri Fasal Bima Yojana, according to a PMO statement. New Delhi: Over 90 lakh farmers have benefited from the crop insurance scheme during the Kharif season last year and the Rabi season in 2016-17, a meeting chaired by Prime Minister Narendra Modi was told in New Delhi today. The prime...
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