-The Hindu We need to revisit the credit policy with a focus on the outreach of banks and financial inclusion Since Independence, one of the primary objectives of India’s agricultural policy has been to improve farmers’ access to institutional credit and reduce their dependence on informal credit. As informal sources of credit are mostly usurious, the government has improved the flow of adequate credit through the nationalisation of commercial banks, and the...
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Where Do Nepal and Bhutan Stand One Year After Demonetisation? -Devirupa Mitra
-TheWire.in While Nepal is still awaiting a way to return the banned notes, Bhutan has curbed the use of the new high-denomination notes. New Delhi: When Prime Minister Narendra Modi announced that India would demonetise over 80% of its bank notes on November 8, 2016, two neighbouring nations were also taken by surprise. Nepal and Bhutan both have significant reserves and usage of Indian currency, with the latter giving it the status of...
More »Health insurance scheme ailing as no. of states covered falls to 15 -Christin Mathew Philip
-The Times of India BENGALURU: In last year's budget, Union finance minister Arun Jaitley promised a health cover of Rs 1 lakh per poor family under the National Health Protection Scheme, which was meant to replace the UPA government's Rashtriya Swasthya Bima Yojana (RSBY). However, with the programme yet to see the light of day, the Centre is forced to continue with RSBY, which seems to be losing ground. An RTI application...
More »Jean Dreze, development economist, interviewed by Santwana Bhattacharya (The New Indian Express)
-The New Indian Express NEW DELHI: Amid controversial reports of hunger deaths in Jharkhand due to PDS beneficiaries being turned away, economist Jean Dreze says that even official records show that a significant proportion of people are being deprived of food rations every month. In an interview with New Sunday Express, the prime mover behind the NREGA welfare scheme said “this does not mean that Aadhaar is solely responsible for the failures...
More »Forget 2022, more than 110 million Indians would remain poor forever -Richard Mahapatra
-Down to Earth The next generation of the current poor Indians has high probability of remaining poor as well. Lack of access to resources like forests and social discrimination have set in the dreaded chronic poverty among India’s socially marginalised groups, ironically the target of poverty eradication programmes since last 70 years Prime Minister Narendra Modi’s call to eradicate poverty in India by 2022, or in the next five years, is...
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