-The Economic Times Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively. Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre’s hard-wrought fiscal discipline, scaring rating agencies. Waived loans bring little benefit to...
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Slowing population growth: Why families get smaller in size with better access to healthcare -Sanchita Sharma
-Hindustan Times It’s a paradoxical fact. Families become smaller as better nutrition, vaccination and healthcare ensure couples lose fewer children to malnutrition and infections, such as diarrhoea, pneumonia, sepsis and tuberculosis India’s most comprehensive report card on health released earlier this year shows India’s total fertility rate (TFR) has dropped from an average of 2.7 children per women in 2006 to 2.2 a decade later. Around two in three states that are...
More »Declining bank credit indicates poor economic performance
Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...
More »Minus Money, PM 'model' loses sheen -Anita Joshua
-The Telegraph New Delhi: Parliamentarians, even those from the BJP, have been dragging their feet for the second year in a row over adopting villages in their constituencies (or states) under the Pradhan Mantri Sansad Adarsh Gram Yojana. Over a quarter into this fiscal, only 40 of the 788 MPs have identified gram panchayats for adoption under the programme, which mandates them to develop these villages into "model villages" for others to...
More »17% of cash seized in raids during demonetisation were in new notes
-The Times of India NEW DELHI: As much as Rs 110 crore of the Rs 610 crore of unaccounted Money seized in raids during demonetisation was in new Rs 2,000 and Rs 500 notes, indicating misuse of windows offered by the government to change old currency. The new currency seized by police and income tax officials was partly generated through routes such as petrol pumps, railway and airline ticketing and toll plazas...
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