-The Indian Express The budget should have shown how serious it was about inclusive growth by announcing direct cash support to informal workers, circular migrants, agricultural labour, in addition to steady in-kind food Transfers from the overflowing coffers of the FCI by making PDS universal. India’s annual budget, announced amidst much anticipation, focused on health as one of its key pillars. The fact that health and “inclusive growth” found their way into...
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Banks red-flag: Loans to street vendors in pandemic turning NPAs -Sandeep Singh and Sunny Verma
-The Indian Express Launched in June to help vendors amid the pandemic, the PM SVANidhi scheme is a micro-credit facility that provides street vendors a collateral-free loan of Rs 10,000 at concessional rates of an estimated 7.25%. After being nudged by municipalities to step up loan disbursements under the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) programme, banks are writing back to report that many of these collateral-free loans are turning into...
More »Dialogues for democracy, lessons from Rajasthan -Sakina Dhorajiwala, Puma Chandra Kishan and Rajendran Narayanan
-The Hindu Federalism and good governance need engagement between people and officials, as the MGNREGA programme shows It is 45 days and counting since lakhs of farmers have gathered in Delhi protesting against the farm laws. Leaving aside the merits and demerits of the laws, many are aggrieved about the process of promulgation of the laws as it lacked any consultation with those that the laws are purportedly meant to serve. Very often,...
More »Forget the IAS, India Needs a Rural Administration Service -Ranjit Sabikhi
-TheWire.in Development administration is a specialised job. At present, bureaucrats are Transferred from one department to another with little attention to whether they have knowledge of agriculture or industries. The new year calls for a basic change in priorities – a need to focus on the development of rural areas. The current farmers’ agitation has thrown into sharp relief the failure of the government to understand the concerns of a large section...
More »Why Modi Govt Looked the Other Way on Giving Cash Relief During Pandemic -Prabhat Patnaik
-Newsclick.in Timidity vis-à-vis international finance capital, callousness toward people, and cynicism in manipulating the electorate and legislators, have made the Modi government one of the most ultra-Right governments in the world. The Narendra Modi government must be the most timid in the world vis-à-vis international finance capital. By the same token, it must be the most callous in the world vis-à-vis the working people of the country. The one is the flip...
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