-IANS The former CEA says he does not think anyone disputes that demonetisation slowed growth. Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8% in the seven quarters after it against the 8% recorded prior to the note ban, says former Chief Economic Advisor Arvind Subramanian. Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra Modi, he says that he does not have a strongly-backed...
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Without maternity benefits -Aditi Priya
-The Hindu The government’s maternity benefit programme must be implemented better and comply with the Food Security Act Yashoda Devi was five months pregnant with her third child when we met her in Jharkhand in June. She was in extreme pain. The doctor had told her that she was very weak and had advised her to improve her nutritional intake. But Ms. Devi did not have money to follow the doctor’s advice. Not...
More »Gujarat Declared Free Of Open Defecation A Year Ago. But In 4 Districts, Toilets Without Walls, Water And Unconvinced Locals -Shreya Raman
-Factchecker.in Valsad, Dang, Dahod, Chotta Udepur (Gujarat): Under a mango tree, a one-minute walk from his house, farmer Kishanbhai Mawi pointed to the government-built, Indian-style squat toilet that he, his wife, 21-year-old son and 16-year-old daughter never used. It was easy to see why. The toilet is a ceramic hole in the ground, without walls, running water or connection to a sewer. It is connected to a cess pit, but that has been...
More »Why parties prefer freebies to investments in election manifestoes -Ashok Gulati
-Financial Express It is the season of promising freebies to lure voters. Congress leads in these promises. It has promised a loan waiver in Chhattisgarh within 10 days of coming to power; and the hiking of minimum support price (MSP) of paddy to Rs 2,500/quintal, up from Rs 1,750/quintal, a 43% raise over the already increased MSP of paddy. In Madhya Pradesh, it has promised a loan waiver of up to...
More »Perils of over promising -Ashok Gulati
-The Indian Express Manifesto pledges to raise farmers’ incomes and increase MSPs take away focus from the structural reforms that are urgently required. It is a season of promising freebies to lure voters. The Congress leads in making these promises. The party has promised to waive farmers’ loans in Chhattisgarh within 10 days if it is voted to office. It has also promised a hike in minimum support price (MSP) of...
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