-The Hindu ‘Ensures transparency, checks misuse’ Electoral bonds have been introduced to promote transparency in funding and donation received by political parties, the government told the Supreme Court on Thursday. “They [bonds] can be encashed by an eligible political party only through their accounts with authorised banks. The bonds do not have the name of the donor or the receiving political party and only carry unique hidden alphanumeric serial numbers as an in-built...
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Unhappy numbers
-The Indian Express Economic data raises questions about missed opportunities and expending of political capital by NDA government. As India’s political parties switch to poll mode, economic data released in the past few days at the end of the NDA government’s term paints a far from rosy picture. Industrial growth in January slowed down to 1.7 per cent compared to the 2.6 per cent growth in factory output in December last...
More »How bankruptcy code can help fix India's agrarian crisis -Aishwarya Satija
-The Economic Times The IBC’s ‘fresh start’ process provides a systematic manner of waiving debts overseen by a judicial body. Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before elections, they have a long history at both central & state levels. However, the efficiency of waivers in actually resolving the debt burden of farmers is questionable. Waivers may work as...
More »Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
More »Ensure a minimum income for all -Ram Singh
-The Hindu A basic income scheme will deliver benefits to the poor only if it comes on top of public services The idea of a universal basic income (UBI) is gaining ground globally. It has supporters among the political left and right, and among proponents as well as opponents of the free-market economy. A UBI requires the government to pay every citizen a fixed amount of money on a regular basis and...
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