-The Financial Express This is a double whammy for the poor. Despite a fall in retail inflation to 5.18% in February from a 17-month high of 5.69% in the previous month, most of the lower-income states witnessed higher retail inflation than the richer ones, reports fe Bureau in New Delhi. According to DK Joshi, the chief economist at Crisil, higher-income states like Haryana, Kerala, Uttarakhand, Maharashtra and Gujarat saw lower retail inflation...
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Centre slaps fee to curb plastic use
-The Telegraph New Delhi: Shopkeepers and street vendors across India who wish to continue providing commodities in plastic bags would need to pay Rs 4,000 per month to local authorities under new rules intended to discourage free carry bags. The Union environment ministry today announced revised rules to manage India's massive burden of plastic waste. The rules will introduce this waste management fee on vendors, while imposing a collect-back system for brand-owners...
More »Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy
-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...
More »Job scheme in decline -Ajoy Ashirwad Mahaprashasta
-Frontline.in The increase in the budgetary allocation for the MGNREGA is only marginal. The scheme helped lower the poverty level by 32 per cent between 2004-05 and 2011-12, but government support for it has been declining steadily. In the beginning, economists belonging to the Right and the Left were of the view that the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) was merely a populist measure. While the former believed...
More »Girls as good as boys in maths: NCERT survey -Manash Pratim Gohain
-The Times of India NEW DELHI: The notion that girls are not good with numbers and science is just a myth, if data from a nationwide survey of more than 2.7 lakh students is any indicator. The survey conducted on Class X student showed girls performed on an equal footing with boys in mathematics, science and social sciences. The study, however, upheld another common conception — that girls have better language skills....
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