A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
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NR Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy (NIPFP) and author of the series presented in a report to the National Statistical Commission, interviewed by Abhishek Waghmare (Business Standard)
-Business Standard "Under the new GDP series, there has been reallocation of a few items from one sector to another, from Services to manufacturing sectors" The back series data of GDP released recently by a panel of experts has evoked sharp reactions among political circles and experts. N R Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy, and the author of the series, presented in a report...
More »ILO: Strong wage policies are key to promote inclusive growth in India
-ILO News Despite real wage growth, inequality, informality and gender wage gap persist. New Delhi: While India’s economy in the past two decades has seen an annual average GDP rate of 7 % — low pay and inequality persist according to the India Wage Report: Wage policies for decent work and inclusive growth , published by the International Labour Organization. The NSSO estimates also indicate that the real average daily wage has doubled...
More »Will Ayushman Bharat Lead to Universal Health Coverage for India? -Subhojit Dey
-TheWire.in The Ayushman Bharat scheme provides support to the most deprived portion of India’s population and engages private insurance players, positive steps that must be welcomed. In his speech on the 72nd Independence Day this year, Prime Minister Narendra Modi remarked that India’s economy, once a sleeping elephant is now running. The same cannot, however be said about the healthcare system of India. This elephant is malnourished, weak, diseased and lumbering at...
More »Fact check: When PM Modi got Swachh Bharat Mission impact a bit wrong -Abantika Ghosh
-The Indian Express PM Modi said, “World Health Organisation has said that 3 lakh deaths of babies have been averted by the Swachh Bharat Mission." However, he overstated the facts, albeit by a small margin. New Delhi: When Prime Minister Narendra Modi referred to a World Health Organisation report lauding Swachh Bharat Mission for saving the lives of 3 lakh babies in his Independence Day speech on Wednesday, he had overstated the...
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