-The Hindu Despite limitations, the use of randomised control trials has led to a paradigm shift in development policy evaluation If Rip Van Winkle was an academic economist and woke up from a two-decade long sleep this week, he would be baffled by the news of the Nobel Prize in Economics this year awarded to Abhijit Banerjee, Esther Duflo, and Michael Kremer for pioneering the use of randomised control trials (RCTs) in...
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Centre plans new FRDI Bill, hike in deposit insurance -Madhusudan Sahoo
-The Asian Age The source further said DICGC has proposed to hike deposit insurance to Rs 3 lakh from Rs 1 lakh, depending upon the demands of circumstances. New Delhi: With several financial institutions in the country standing on the edge of distress, the Central government is likely to increase insurance cover for Bank deposits. Currently, only Rs 1 lakh deposit of each customer is issured. The Finance Ministry is also mulling to...
More »Macro dimensions of poverty brushed aside -Pritam Singh
-The Tribune A serious methodological flaw of the RCT approach that has been pointed out by ethnographic studies of poverty is that its overemphasis on quantitative method has deprived it of the insights of qualitative methods. There is some recognition of the flaw by admitting that a mixed method approach can be useful, but the approach remains hostile to qualitative methods. THE award of the 2019 Nobel Prize in Economics to Abhijit...
More »Telling Numbers: Half of India's children suffer from malnutrition, says UNICEF -Esha Roy
-The Indian Express UNICEF report found that one in three children under the age of five years — around 200 million children worldwide — are either undernourished or overweight. And in India, every second child is affected by some form of malnutrition. On Tuesday, UNICEF released its State of the World’s Children report for 2019. The first UNICEF report in 20 years on child nutrition, it comes on the heels of...
More »Lending to small units fell in Q1, says MSME report
-The Hindu Business Line Credit risk is building in auto MSMEs, says Pulse report Mumbai: There was a marked slowdown in commercial credit growth in the quarter ending June 2019 along with a marginal deterioration in asset quality, according to the seventh edition of TransUnion CIBIL-SIDBI MSME Pulse Report. The total on-balance sheet commercial lending exposure in India declined to Rs.63.8 lakh crores in June 2019 from Rs.65.5 lakh crores in March 2019....
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