-The Indian Express The nssF collects funds through small savings schemes, such as Post Office Savings Account, National Savings Time Deposits, National Savings Recurring Deposits, National Savings Monthly Income Scheme. It is a costlier form of borrowing for the government as compared to market loans. New Delhi: AN INCREASED reliance on the National Small Savings Fund (nssF) and issue of recapitalisation bonds has helped the government to improve its fiscal affairs...
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With an ocean of salt -Rajeev Gowda
-The Indian Express Interim budget does little to tackle unemployment, poverty. And it is clear that the government’s figures cannot be trusted. Last month, I was part of an all-party delegation of MPs from Karnataka, led by a Union cabinet minister, who met the Union rural development minister. We requested him to release the MGNREGA funds overdue to Karnataka. We pleaded that the poorest of the poor, who turn to MGNREGA...
More »There is so much confusion about the Pradhan Mantri Kisan Samman Nidhi Yojana
Against the backdrop of the Finance Minister Shri Piyush Goyal announcing the Pradhan Mantri Kisan Samman Nidhi (PMKSN) programme during his budget speech on 1st February, 2019, it becomes essential to differentiate between 12.56 crore operational holding households (enumerated, as per the Agriculture Census) and 13.33 crore ownership holding households (estimated, as per the 70th round National Sample Survey report no. 571) pertaining to size upto 2 hectares. In his budget...
More »Dr. Himanshu, associate professor at Jawaharlal Nehru University, interviewed by M Rajshekhar (Scroll.in)
-Scroll.in This is not just about low job creation but also about the worsening quality of jobs, says Himanshu, associate professor at Jawaharlal Nehru University. On Thursday, a political storm boiled over after Business Standard reported that, between 2017-’18, unemployment numbers in India reached a 45-year high. The newspaper based its report on a survey, conducted by the National Sample Survey Organisation, called the Periodic Labour Force Survey that the government had...
More »The boundaries of welfare -Prabhat Patnaik
-The Indian Express Interim budget indicates that the government’s electoral strategy is to win over the ‘intermediate classes’ while ignoring the poor. The Narendra Modi government has now carried its penchant for undermining institutions to the national budget itself. Not only has it treated what should have been an interim budget, as its tenure lasts barely two months into the new financial year, as a full-fledged budget, but it has also...
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