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Shaky building blocks -Shailaja Menon

-Newsclick.in The draft National Education Policy reinforces outdated ideas about the goals of a foundational literacy programme Many children in elementary classrooms across India cannot read and write proficiently, as demonstrated on an annual basis by the Annual Status of Education Reports (ASER). This affects other school-based learning, as well as functioning in societies and economies that prize literacy. Capabilities of young children It was heartening, therefore, to see a chapter devoted to “Foundational...

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Former CEA Arvind Subramanian says GDP growth inflated, govt disagrees -Abhishek Waghmare & Arup Roychoudhury

-Business Standard This has reignited the debate on the accuracy of India's GDP numbers in particular, and has once again highlighted the inefficiencies in the estimation of national accounts in general In a research paper that analyses data on 17 different economic indicators in the real sector, former chief economic advisor of India Arvind Subramanian has said that India’s real gross domestic product (GDP) growth “was more likely to have been between...

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Squandering the gender dividend -Sonalde Desai

-The Hindu It is a national tragedy that women unable to find work are dropping out of the labour force If labour force survey data are to be believed, rural India is in the midst of a gender revolution in which nearly half the women who were in the workforce in 2004-5 had dropped out in 2017-18. The 61st round of the National Sample Survey Office (NSSO) recorded 48.5% rural women above...

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Lack of milling facility forces paddy-surplus Tripura to spend crores on rice Imports -Debraj Deb

-The Indian Express While procurement has become popular among farmers, insufficient collection is forcing the government to shell out hundreds of crores every year for rice Imports while they have got all the rice right at home. Tripura’s BJP-led state government is procuring 10,000 MT paddy from farmers at Minimum Support Price (MSP) starting Monday, even as the Centre’s Food Corporation of India (FCI), which procured paddy for the first time...

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India lost over Rs.90,000 crore to trade misinvoicing, says GFI report

-Livemint.com * Of the total estimated revenue losses, approximately $4 billion was due to export misinvoicing and approximately $9 billion due to Import misinvoicing * Almost two-thirds of Indian Imports that appear to be most at risk for some degree of potential revenues losses are Imports from China New Delhi: India lost a staggering $13 billion, over Rs.90,000 crore, to trade misinvoicing, equivalent to 5.5% of the value of the country's total revenue...

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