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India's vulnerability to drought poses credit challenges: Moody's

-India Infoline News Service   Mumbai: Efforts at the central and state government level to improve rural infrastructure, food distribution and non-agricultural employment opportunities are credit positive because, if sustained, they are likely to lower the credit challenges that India's vulnerability to drought poses. Moody's Investor's Service says that although India (Baa3 positive) may avoid drought this year, its economy remains vulnerable to future droughts or fluctuations in rainfall, and its sovereign credit...

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Construction hands to get medical benefits -Mahendra Singh

-The Times of India NEW DELHI: Now, lakhs of labourers working on construction sites can avail medical benefits under the labour ministry's Employee State Insurance (ESI) scheme. "The Employee State Insurance Corporation (ESIC) has approved extending benefits of the ESI scheme to workers deployed on construction sites from August 1, 2015," said an official. The decision is seen as a big step by the BJP government to extend social security coverage to a...

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Socio Economic Caste Census: Has It Ignored Too Many Poor Households? -NC Saxena

-Economic and Political Weekly A survey to identify who the poor are and how many are actually poor is necessary if programmes and benefits targeted at the needy are to reach them. The Socio Economic Caste Census, of which partial results have been published, was intended to do this. Yet, even a cursory look at the figures indicates that they call for a willing suspension of disbelief. N C Saxena (naresh.saxena@gmail.com) was...

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Social Safety nets require more public funding

The nation can be proud of running some of the world's largest programmes on social safety nets, says the latest report by World Bank. However, public spending on safety nets is still low in comparison to neighbouring countries Bangladesh and Pakistan. India tops the list of 136 countries for running the world's largest school feeding programme i.e. the Mid Day Meal Scheme (MDMS), and also the biggest public works programme i.e....

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Deaths continue but witness protection law still a far cry -Pradeep Thakur

-The Times of India DELHI: Despite cases of intimidation of key witnesses being a routine, there is still no law in India on witness protection or to deal with threat to their life and otherwise from criminals and those in positions of power. Many witnesses died under mysterious circumstances in the Vyapam scam. In Asaram case, too several witnesses came under attack. Not long ago in the Jessica Lal murder case, several...

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