-PTI New Delhi: Chief Economic Advisor (CEA) Arvind Subramanian today took the line that the minimum support price on foodgrains for farmers should not continue forever and there should be an "expiry date". "Minimum support price (MSP) originally came into being because we had a big problem of lack of self-sufficiency in foodgrain production. It (MSP) was used as means of providing incentives to farmers. It has been successful. We no longer...
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The Tale And Maths Of Universal Basic Income -Jean Dreze
-NDTV The rock-star days are back for Chief Economic Advisor Arvind Subramanian, who had maintained a studied silence ever since India scored an economic self-goal over his head on 8 November 2016. His ambitious Economic Survey, released on Tuesday, includes a much-awaited presentation of the Finance Ministry's thinking on Universal Basic Income (UBI). Contrary to some media reports, the Survey does not advocate a specific plan for UBI in India. Rather,...
More »One in two Indian students can't read books meant for three classes below: ASER -Prashant K Nanda
-Livemint.com The proportion of school students in Grade 3 who are able to read a book meant for Grade 1 has improved only marginally from 40.2% in 2014 to 42.5% in 2016 New Delhi: The overall learning level in schools across rural India continues to be “pretty disappointing”, according to the Annual Status of Education Report (ASER) published on Wednesday. Nationally, the proportion of school students in Grade 3 who are able to...
More »PMO Has No Information on Officials Consulted Before Demonetisation
-PTI New Delhi: There is no information available about officials whose views were taken before the decision to demonetise high-value currency notes was announced by Prime Minister Narendra Modi on November 8, the Prime Minister’s Office (PMO) has said. The PMO also refused to answer a query on whether the Chief Economic Advisor (CEA) and the finance minister were consulted before the sudden announcement was made, saying the query does not come...
More »Now RBI Cites 'Threat to Life' Exemption to Deny RTI Query on Demonetisation Decision
-PTI More stonewalling from the ‘Reserved’ Bank of India New Delhi: Were the views of the Chief Economic Advisor and the finance minister taken before the sudden announcement of demonetisation of high-value currency notes by Prime Minister Narendra Modi on November 8? The Reserve Bank of India feels this query cannot be answered under the Right to Information Act as it does not come under the definition of information under the transparency...
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