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The inclusion project -Shamika Ravi

-The Indian Express A little more than a week ago, World Bank chief Jim Yong Kim praised Prime Minister Narendra Modi for launching the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which he called an “extraordinary effort” at financial inclusion. According to the Union finance ministry, India has attained 99 per cent financial inclusion, measured as households’ access to bank accounts. Within three months of launching the PMJDY, the government entered the Guinness...

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Pronab Sen, Chairman of National Statistical Commission (NSC), interviewed by Indivjal Dhasmana on the new gross domestic product (GDP) data series

-Business Standard As critics find fault in the new gross domestic product (GDP) data, National Statistical Commission (NSC) Chairman Pronab Sen, heading a committee to review the methodology of the new series, tells Indivjal Dhasmana much of the criticism is due to the lack of information about the methodology and sourcing of the new data. Edited excerpts:   NSC has appointed a committee under you to review the new GDP data. Has it...

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Bumper crop mashes potato farmers’ hopes -Rutam Vora

-The Hindu Business Line Arrivals more than double at key markets as farmers resort to sell-off Ahmedabad: Potato farmers in Gujarat are a worried lot. With harvest being bumper and unseasonal rains affecting the quality, potato prices have come down to one-third of what it was last year. The first estimate, as on February 2015, puts the country’s potato output at around 421 lakh tonnes (lt) – about 6 lt higher than last...

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Inside the world of sand mafia: Terror casts gloom as cops bury heads -Rajesh Kumar Singh

-Hindustan Times Hamirpur/ Jalaun/ Banda: The dangerous sand mafia stops at nothing. It kills, runs over men in uniform, kidnaps and, in Uttar Pradesh, even molests and rapes. Its impunity stems from the fact, as an HT investigation found, that complaints lodged with police often remain confined to files. Shivpal Singh, gram pradhan of Bansariya village, testifies to the mafia’s dominance. “In March 2014, the musclemen of a kingpin sexually assaulted two women...

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More Credit for Agricultural Households?: NSSO’s 70th Round on Indebtedness -Sher Singh Sangwan

-Economic and Political Weekly An increase in indebtedness in agriculture between 2003 and 2013 does not necessarily mean a growth in debt that has debilitated the cultivator. Higher indebtedness may also reflect a more enabling process--the increased availability of institutional credit. An analysis of NSSO data. Sher Singh Sangwan (drsangwan8@gmail.com) is at the Centre for Research in Rural and Industrial Development, Chandigarh. The National Sample Survey Office (NSSO) report, Situation Assessment of Agricultural...

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