-The Financial Express The Odisha experience shows that PDS can play a pivotal role in bringing convergence and making India’s two important missions—food and nutrition security—successful in a short time. New Delhi: India’s public distribution system (PDS) is the largest food security programme in the world, which covers nearly 60% of the population and costs Rs 1.45 trillion—close to 1.4% of the national income. PDS has often been criticised for its structure,...
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Economist rues rise of hate -Devadeep Purohit
-The Telegraph Calcutta: Economist Kaushik Basu on Friday regretted the rise of a "narrow-minded" approach and "hatred" in the country. Basu, the C. Marks professor of international studies and professor of economics at Cornell University, made the observation while delivering a lecture on"economics and morality" in memory of Swami Lokeswarananda of the Ramakrishna Mission. "In today's India, we are getting narrow-minded. There is hatred among people," rued the former chief economist of the...
More »Income inequality in India worsens, but slower than Russia and China: report -Gireesh Chandra Prasad
-Livemint.com Income inequality in India has risen over the last three decades and a half with the top 10% of earners Cornering 55% of the national income in 2016, says report New Delhi: Income inequality in India has worsened over the past three-and-a-half decades and the top 10% of earners now Corner more than half of the country’s national income in 2016. Their share was 30% of the national income in 1980,...
More »Turning the Corner -Ajit Ranade
-The Hindu The next few quarters call for focus on consumption, private investment, agriculture and exports There was a collective sigh of relief when the second quarter GDP data were released officially by the Central Statistics Office (CSO). The government folks were relieved that a declining trend of four consecutive quarters of growth had finally been reversed. The forecasters and economists were relieved that the announced data had mostly conformed to their expectations....
More »UP Civic Elections: How BJP Has Actually Lost The Battle -Subodh Varma
-Newsclick.in The ruling party has won just 18% of municipal council wards and 12% of municipal panchayat wards. Contrary to the euphoria being exhibited by the mainstream media and BJP, results of the UP civic body elections are not a one sided victory of the ruling BJP. If anything, these results coming so close to the state Assembly elections held earlier this year, show the rapid disenchantment taking place with the BJP...
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