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Total Matching Records found : 112

Demonetisation: A circus, clowns and a silver bullet -James Wilson

-National Herald Two years after the disastrous demonetisation, the Prime Minister and his Finance Minister—even the fawning media— no longer speak of the ‘Demonetisation Dividend’. There has been none Two years back, on November 8, at around 8.30 pm, the Prime Minister of India, with his characteristic love for drama, unleashed on the country what he had then claimed was the one silver bullet which would eliminate the triple evils of...

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Richest 10% of Indians own over 3/4th of wealth in India -Manas Chakravarty

-Livemint.com While wealth has been rising in India, not everyone has shared in this growth. There is still considerable wealth poverty, says Credit Suisse’s India wealth report The richest 10% of Indians own 77.4% of the country’s wealth, says Credit Suisse in their 2018 Global Wealth Report. The bottom 60%, the majority of the population, own 4.7%. The richest 1% own 51.5% (chart 1 above). And it’s not some bleeding-heart NGO that’s...

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The formal-informal divide -Puja Mehra

-The Hindu The slowdown in private investments is visible chiefly in the informal sector, not the corporate sector It is now well recognised that there is an investment slowdown in India, which is delaying a full-blooded recovery in the economy. Private investments, the principle engine of growth, are out of steam. The fall is so severe that it has more than offset the government’s macroeconomic stimulus of increased public investments. The slowdown started...

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Living with the elephants -Shamik Bag

-Livemint.com The tribal belt of south Bengal has become ground zero of a grim battle with an ever-increasing population of visiting elephants The elephants are here,” Jiten Singh declares without any show of emotion as we arrive at Tapoban (Madhyapara) village. About 65km from Kharagpur town, Tapoban is a tribal hamlet deep within the vast forested terrain known as Jangalmahal, in West Bengal. It is nearing dusk. Ordinarily, the village would be...

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Privatising district hospitals: Health ministry, states, experts had little say in Niti Aayog plan -Menaka Rao

-Scroll.in RTI documents show that Niti Aayog largely worked with World Bank and top private healthcare industry. The Niti Aayog’s blueprint to increase the role of private hospitals in treating non-communicable diseases in urban India by handing district hospitals over to the private sector on 30-year leases was built largely on a template provided by the World Bank. The template was fine-tuned in close coordination with top private healthcare industry representatives. State...

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