-The Hindu A major solution to the present economic crisis is to go in for inclusive growth; it also means shared prosperity The Indian economy is going through a severe crisis: a slowdown as well as a structural crisis. In the words of the former Chief Economic Adviser, Arvind Subramanian, it is headed towards the ICU. Almost all sectors of the economy are in decline: the rate of growth of the national...
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Perils, politics and prospects of groundwater in India -Manisha Shah & Bishwadeep Ghose
-India Water Portal How can India change the game on groundwater management to deal with its overexploited aquifers?. After independence, India was largely food insecure but post Green Revolution around the 1970s, foodgrain production increased manifold consequently reducing food insecurity and poverty in the country, in spite of rapid population growth. Its ability to achieve targeted results was largely dependent on the explosion of groundwater abstraction mechanisms like tubewells. Groundwater development continued...
More »Only 7 in 100 anganwadi beneficiaries are in cities -Jagriti Chandra
-The Hindu NITI Aayog’s draft working paper to strengthen the ICDS programme in urban areas For every 100 anganwadi beneficiaries in the country, only seven are in urban areas, according to the government’s response to a Right to Information (RTI) query from The Hindu. This is primarily because of a severe lack of anganwadis in cities, Leading to poor coverage of the government’s flagship programme in early childhood development. Six services Anganwadis or day-care...
More »Continuity and fiscal follow-through -M Govinda Rao
-The Hindu The 15th Finance Commission, by and large, has gone with the approach and methodology of earlier Commissions The appointment of the Fifteenth Finance Commission by the President of India under Article 280 of the Constitution was notified on November 27, 2017. It was required to submit the report by October 30, 2019 for five years for the period 2020-21 to 2024-25. However, due to various political and fiscal developments, notifications...
More »Every single number is a lie, says Jayati Ghosh
-The Hindu ‘Allocation to job-intensive sectors cut’ “Every single number in the Budget is a lie,” Jayati Ghosh, Professor of Economics at Jawaharlal Nehru University (JNU), said in Mumbai on Sunday of the Union Budget. India’s current slowdown is worse than that of 1991 and 2008, and the Budget has cut allocations to all employment-intensive sectors, further adding to the mess, said Ms. Ghosh, one of the world’s Leading development economists. “All the...
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