The newly released World Bank report has estimated that the number of extremely poor people globally went up by nearly 71 million in the year 2020 as compared to 2019 — a 11 percent increase. Between 2019 and 2020, the number of poor swelled by around 56 million in India. It means that about 79 percent of the total people globally who slipped into poverty during the first year of...
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A star achievement of our 75 years of independence -Indira Rajaraman
-Livemint.com What will happen to the PMGKAY beyond December 2022? It cannot continue indefinitely in its present form. At a time when central banks all over the world are into a round robin of interest rates hikes, in a context of impending recession in several major world economies, an unending war, and uncertainty about energy availability and pricing going into the northern hemisphere winter, the only cheering news was India’s further extension...
More »Free grains, fuel tax deferred – Gujarat, HP on its mind, Modi govt puts politics over economy -Sharad Raghavan
-ThePrint.in RBI's rate hike also among decisions announced last week that might pay political dividends in state polls, but could come with commensurate economic costs, say economists. New Delhi: Is the Modi government prioritising political gain over much-needed economic prudence with an eye on crucial assembly elections coming up in Gujarat and Himachal Pradesh this year and more lined up the next? The answer seems to be yes, going by several critical decisions...
More »PMGKAY Scheme: Will Free Ration for India’s Poor Fill Their Plates Enough? -Aunindyo Chakravarty
-TheQuint.com Not only do we need free ration for an overwhelming majority but also more for those at the bottom of the pyramid Being affluent, I am on a diet, fasting for 19 hours at a stretch, eating within the remaining five-hour window, and keeping my calories under 800 per day. These are the luxuries of the rich. The poor, who earn their living through hard, back-breaking labour, cannot afford to go...
More »Free ration scheme, Pradhan Mantri Garib Kalyan Anna Yojana, extended for next three months
-Livemint.com The free ration scheme, popularly known as the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), has been extended for the next three months The free ration scheme, popularly known as the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), has been extended for the next three months, the government announced on Wednesday. Union minister Anurag Thakur said the Central cabinet has decided to extend the PMGKAY scheme for the next 3 months. The...
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