-TheWire.in Most of the ‘reforms’ that are being introduced to address poor delivery of social services are silent on the issue of inadequate human resources, among other shortfalls in capacity. The poor performance of the public sector especially in education, health and other social services has been the subject of a lot of debates in the last few decades. The dominant narrative has attributed implementation failures to corruption, lack of accountability, poor...
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RBI data on Public Sector Banks: In four years, banks' write-off over seven times recovery -Anil Sasi
-The Indian Express Even as the government has been trying to shore up PSB books through equity capital infusion and other measures, stressed assets have registered a steady rise since 2011. New Delhi: Between April 2014 and April 2018, the country’s 21 State-owned banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs 44,900 crore written off on a cumulative basis — or less than one-seventh the...
More »Maitreesh Ghatak, Professor of Economics at London School of Economics, interviewed by Tathagata Bhattacharya (National Herald)
-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
More »People's consultation on budget urges higher spending on education & health
-Press release by People's Budget Initiative (PBI, http://www.pbiindia.net/) New Delhi: People's Budget Initiative (PBI) is a coalition of civil society organisations from across the country which promotes people’s voice in policy making processes related to government budgets in India. As part of its campaign on ‘Budget Justice for Disadvantaged Sections’, a national consultation on Budget Justice: Agenda for the Next Five Years was organized in New Delhi on 14th September, 2018....
More »P Sainath, founder editor of People's Archive of Rural India (PARI), interviewed by Bhasha Singh
-National Herald Talking about farmers’ issues, P Sainath said, “It is not just an agrarian crisis, it is now a national crisis. The Modi govt has been engaged in fooling the nation. They are telling lies shamelessly” The founder editor of People’s Archive of Rural India (PARI), the former Rural Affairs editor of The Hindu and author of the much acclaimed book ‘Everybody loves a Good Drought’, P Sainath, has recorded rural...
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