-Livemint.com Madhya Pradesh is leading the way in setting up custom hiring centres, which rent out machinery to small farmers and employ rural youth to manage them Bhopal/ New Delhi: The frown on the face of Shakti Singh Tomar belies his recent successes. A 44-year-old farmer from Vidisha in Madhya Pradesh, Tomar proudly says he purchased a Mahindra Bolero SUV in 2014 by paying Rs. 8.1 lakh in cash. “Unlike others, I...
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Poor sanitation cost India 5.2% of its GDP -Sushmita Sengupta
-Down to Earth Lack of access to sanitation wiped off US $106.7 billion from India's GDP in 2015. It is almost half of the total global losses A report—True cost of sanitation—was published jointly by the LIXIL Group Corporation, Water Aid and Oxford Economics recently. Oxford Economics mainly works on economic forecasting and modelling. It says that in 2015 lack of access to sanitation cost the global economy around US $ 222.9...
More »Govt panel fails to define 'poverty line', says form another group to do the job -Moushumi Das Gupta
-Hindustan Times Just how many people in India are poor? The question remains unanswered with yet another government panel failing to define an official “poverty line”. After a year and half of work , a 16-member task force headed by NITI Aayog vice chairman Arvind Panagariya has failed to reach a consensus and suggested to the government that another panel of specialists be asked to do the job. HT has a copy of...
More »Average cost of type-1 diabetes management: 27k/year -Shailvee Sharda
-The Times of India LUCKNOW: Seeing their child in tears each time an insulin pen pricks the belly isn't the only pain parents of a type-1 diabetic child have to go through. The cost associated with management of the disease hurts equally, if not more. A middle-income family spends an estimated 18% of family income on the disease. The findings are from a study conducted by the department of endocrinology at Sanjay...
More »The foreign hand isn't enough -Alex M Thomas
-The Hindu The pursuit of full employment of labour cannot primarily rely on domestic private investment, much less FDI. Only public investment will steady us in the long run. We are increasingly told that the inflow of capital — particularly the foreign direct investment (FDI) variety — increases employment levels and contributes to economic growth. In a rare interview given to The Wall Street Journal in May, Prime Minister Narendra Modi reinforced...
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