-The Times of India NEW DELHI: Finance minister Arun Jaitley on Friday released the socio-economic and caste census (SECC) 2011 and said that it would be an important input for policy makers. Here are some key points from the census report: 1. This is the first caste census done in Independent India. 2. The last caste census in India happened in 1932. 3. Just 4.6% of all rural households in the country pay income tax. 4....
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Drop the crop insurance plan -Ramesh Chand & Sumedha Bajar
-The Financial Express It is clear from global experience that crop insurance is not economically viable and, in a country like India which is dominated by small landholders, it does not even seem to be feasible The demand for crop insurance stems from two ‘risky’ situations that often erode farmers’ income and make them vulnerable to economic distress. These include unpredictable weather and volatile prices. Although vulnerability of Indian agriculture on weather-related...
More »NGOs’ foreign funds and a trust deficit -Trilochan Sastry
-The Hindu There is no organised conspiracy against NGOs. It is in the nature of power to exercise greater control, and exempt itself from accountability. The recent changes in the rules governing foreign funding of NGOs under the Foreign Contribution Regulation Act (FCRA) have been widely discussed. The last word on it will perhaps never be written. The UPA government initiated this and we see some concrete changes now. Sifting through the...
More »More tears for Maggi than for cuts in govt’s health spends -Indranil Mukhopadhyay
-The Hindu Business Line India’s expenditure on health is just a little over 1% of its income Health care in India seems to be entangled in a vicious cycle of low public investment and poor health outcomes. Our health achievements are dubious - home to a fifth of the world’s children who die before their fifth birthday and the highest number of mothers who die while giving birth. Poorer neighbours like Bangladesh...
More »Delhi sees 13.5% rise in per capita income
-PTI NEW DELHI: Delhi's per capita income during financial year 2014-15 has increased to Rs 2.41 lakh from Rs 2.12 lakh in the previous fiscal, a rise of nearly 13.50 per cent over the period. Besides, the per capita income of the national capital is almost three times its value for the country, which stands at Rs 87,748, according to Economic Survey of Delhi 2014-15 tabled in the Delhi Assembly on Wednesday. As...
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