-The Hindu Govt. working on scheme to offer financial support to both employers, employees in IT/ITES sector The government is working on a scheme to push work-from-home jobs in the IT sector by offering financial incentives to both employees and employers. “Incentivising work-from-home jobs through policy-level initiatives can help in creating jobs in the ITES domain while increasing the available talent pool for the sector. This will create employment opportunities in the IT/ITES...
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Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
More »Amartya Sen: Ayushman Bharat neglects primary healthcare, sector needs radical change
-The Indian Express He said the government needs pursue health and education efforts in order to build opportunity for and capabilities of people. Nobel laureate and economist Amartya Sen Wednesday said the idea that giving cash to people can help the economy grow misses out on the fact that real economy needs healthy and educated people who can drive growth. He said the government needs pursue health and education efforts in...
More »Want to help farmers, remove middlemen? Scrap the law governing agri markets -Ila Patnaik and Shubho Roy
-ThePrint.in Model APMC laws suffer from the same economic problem as the old ones. We should repeal APMC laws and not replace them. Although India’s Agricultural Produce Marketing Committee legislation was enacted with the noble intention of increasing farmers’ income, it has had the opposite effect over the years. It has restrained farm income. The failure arises from the basic structure of the legislation, which creates the incentives for middlemen to collude...
More »PM Fasal Bima Yojana is suffering from low coverage since the last 2 years
The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...
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