-Scroll.in In 2017, lakhs of ration cards were deleted in the state without informing the households. Almost 90% of the ration cards that the Jharkhand government declared invalid between 2016 and 2018 belonged to real households, a study by the Abdul Latif Jameel Poverty Action Lab revealed on Thursday. Almost 56% of these deleted ration cards were not linked with Aadhaar. The study comes at a time when the Jharkhand government...
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Banking sector is stressed, govt in no position to bail it out: Abhijit Banerjee
-PTI * The author of 'Good Economics for Hard Times' added that the slowdown in the economy will also adversely impact poverty alleviation in the country * Abhijit Banerjee said the demand slowdown in the automobile sector also shows that people are lacking confidence in the economy JAIPUR: Nobel laureate and economist Abhijit Banerjee here on Sunday said the banking sector in the country is "stressed" and the government is in no position...
More »How India remains poor: Has poverty become 'hereditary' -Richard Mahapatra
-Down to Earth Millions of Indian households transfer poverty to the next generation, making poverty eradication nearly impossible Something that has haunted me through my 22 years of reporting the rural India is how some people in certain regions always remain poor. I have visited them multiple times for various assignments, but have always found them talking about poverty. Like me, they too always wonder: “Why do we remain poor?” I have mostly reported...
More »Key steps to kick-starting the economy -C Rangarajan
-The Hindu Getting financial institutions to a healthy state when they can begin to lend confidently is most crucial for faster growth We bid goodbye to 2019 with a sigh of relief. Anything that could go wrong went wrong during this year. Growth rate plummeted. From the level of 8.1% in the fourth quarter of 2017-18, quarterly GDP growth fell to 4.5% in the second quarter of 2019-20, a fall of 3.6...
More »Survey data and government claims need not always match -Himanshu
-Livemint.com Let’s not discredit the findings of statistical surveys that are conducted among real respondents The uncomfortable truth that emerged from the leaked report of the Consumer Expenditure Survey (CES) is that rural poverty increased substantially between 2011-12 and 2017-18 for the first time in five decades. That this happened during a period of claimed high growth should have led to more research on what went wrong. Instead, there have been attempts...
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