-Down to Earth 11 states have registered a decline in natural capital between 2005 and 2015 Growth doesn’t always come at a price. But it did when it comes to India’s economic growth, which took a toll on its natural assets like forests, food, clean air, etc. A report on environment accounts released by the Ministry of Statistics and Programme Implementation has revealed this state. In fact, it says that when the...
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Which MPs utilise constituency funds the best? -Neelanjan Sircar
-Hindustan Times With the rising costs of campaigns, parties have increasing incentives to field richer candidates with criminal cases against them — precisely those who do a worse job of representing and working for the welfare of their constituents. Are Members of Parliament (MPs) genuinely interested in giving back to the voters who elected them? Since 1993, MPs have been allotted money under the Members of Parliament Local Area Development Scheme (MPLADS)...
More »Shaktikanta Das, former economic affairs secretary, interviewed by Sidhartha & Surojit Gupta
-The Times of India Former economic affairs secretary Shaktikanta Das , who played a key role during the demonetisation drive, spoke to TOI's Sidhartha & Surojit Gupta, four months after retiring from service in May. He says he does not agree with the criticism that implementation of demonetisation had serious shortcomings. Excerpts: * What is your assessment on the state of the economy? The macroeconomic parameters, except the growth figures which are down...
More »Economy outlook still cloudy -Ajit Ranade
-The Hindu An immediate stimulus is needed to regain the momentum to get India back to 8% growth The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth of GDP, i.e. after removing the impact of inflation, was only 5.7%, much lower than expected. For the past six consecutive quarters, the growth rate has gone down steadily,...
More »Rs 20,000 in bank accounts to be rural poverty barometer -Subodh Ghildiyal
-The Times of India NEW DELHI: A gram panchayat's success in reducing poverty will be judged by the number of households with over Rs 20,000 in savings bank accounts or percentage of families with Aadhaar-linked bank accounts. Or, by the percentage of its households which have availed over Rs 20,000 as bank credit. Interestingly, higher the number of households with bank loans for "diversified livelihood", the better the village would be assessed...
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