Direct Benefit Transfer (DBT) or cash transfer might appear attractive on papers, but in reality it is opposed by its beneficiaries when implemented. Something similar to this has happened in the Nagri block of Ranchi district, where cash is being transferred to the aadhaar seeded bank accounts of beneficiaries in lieu of providing subsidized foodgrains. Cash transfers in the public distribution system (PDS) have been in operation in the Nagri block...
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Big push for health? Key schemes face funds cut -Rema Nagarajan
-The Times of India NEW DELHI: Contrary to the impression of an increased focus on health in the budget for 2018-19, not only has the overall allocation for health gone up only marginally over the revised estimates for the current year, the allocation for important programmes has actually been slashed. For instance, the allocation for the National Health Mission is down by 2.1% coming down from Rs 31,292 crore to Rs...
More »Aadhaar's $11-billion question -Jean Dreze & Reetika Khera
-The Economic Times blog Word has it that World Bank economists use “obviously fabricated” data from time to time. These are not Sitaram Yechury or Medha Patkar’s words, but those of Paul Romer, former chief economist of the World Bank, in a recent email exchange reported by Financial Times. Romer retracted them later, but this “may not end the controversy”, as The Economist mildly put it. This is not the first time...
More »Sampling Size, Not Modi's Touch, Boosted India's Doing Business Rank: Report
-TheWire.in India’s jump in the ‘Doing Business’ rankings turns out to be mostly an “artefact of methodological changes”, according to a report by the Centre for Global Development. New Delhi: The Centre for Global Development (CDG), a US-based think-tank that studies global poverty and inequality, has dismissed India’s spectacular jump on the World Bank’s latest ease of doing business index as misleading, saying it is largely due to changes in the methodology...
More »Kaushik Basu, Professor of Economics and the C. Marks Professor of International Studies at Cornell University, interviewed by Mohit M Rao (The Hindu)
-The Hindu The former Chief Economic Adviser on India’s current slowdown in economic growth and the mix of policies needed to reignite it In a career spanning more than four decades, economist Kaushik Basu has donned many hats. He was Chief Economic Adviser to the Government of India (2009-2012) and Chief Economist of the World Bank (2012-2016). At present, he is Professor of Economics and the C. Marks Professor of International Studies...
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