-The Hindu This is ‘abject poverty’, and if the economy is to be repaired, the number of the poor has to be meticulously counted The son of a corn merchant-turned sociologist, Charles Booth had little patience for Charles Dickens and others in his time, who used lyrical prose to describe the desperation of the poor in working class London. Booth was also angry, in 1885, over the claims made by F.D. Hyndman,...
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India’s vaccine policy needs clarity -K Sujatha Rao
-The Hindu In seeking to pursue conflicting objectives, the policy architecture is complex and difficult to implement Contrary to popular perception, public policies are made without full knowledge or facts. More often than not, they embody assumptions arising from experience, an understanding of history, and present conditions. Considering the vast sea of unknowns surrounding COVID-19, it would be understandable to place a greater reliance on historical experience. Instead, India’s vaccine policy appears...
More »Rural term deposits fall for first time in eight years -Vivek Kaul
-Livemint.com As of 31 March, the total outstanding term deposits with banks in rural India contracted by 1.05% to ₹6.99 trillion from a year earlier Every three months, the Reserve Bank of India (RBI) declares region wise data for term deposits. As of 31 March, the total term deposits of commercial banks in India rose 8.42% to ₹86.4 trillion from a year earlier. Term deposits are money that depositors keep in a bank...
More »Can't Give ₹ 4 Lakh For Covid Victims, Centre Tells Supreme Court -A Vaidyanathan
-NDTV.com The centre in its affidavit also said due to increased health expenses and low tax revenue it is beyond states' budget to pay compensation for lakhs of Covid victims. New Delhi: Families of Covid victims cannot be paid compensation as it applies to natural disasters only, the government told the Supreme Court, adding that states cannot afford to pay ₹ 4 lakh to every victim. In a 183-page affidavit filed late...
More »Reservations Can Take The Disadvantaged To Parliament, But Not In Key Positions -Ambar Sharma
-IndiaSpend.com Lawmakers from the Scheduled Castes and Tribes are confined mostly to the lower house's social justice committee, in which they have had more than 50% representation since 2009. Just eight of 27 Parliamentary committees meet or surpass the 25.4% representation of SC/ST members of parliament in the current Lok Sabha, our analysis shows. New Delhi: Few lawmakers from the Scheduled Castes (SC) and Scheduled Tribes (ST) in the Lok Sabha are...
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