-NDTV The rock-star days are back for Chief Economic Advisor Arvind Subramanian, who had maintained a studied silence ever since India scored an economic self-goal over his head on 8 November 2016. His ambitious Economic Survey, released on Tuesday, includes a much-awaited presentation of the Finance Ministry's thinking on Universal Basic Income (UBI). Contrary to some media reports, the Survey does not advocate a specific plan for UBI in India. Rather,...
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Big purse for job scheme, still short
-The Telegraph New Delhi: The Centre today proposed its highest ever budget allocation for the rural job guarantee scheme but critics rued that the increase was just Rs 500 crore over the revised allocation last year. Finance minister Arun Jaitley announced Rs 48,000 crore for projects and payment under the Mahatma Gandhi National Rural Employment Guarantee Act, flagging the hike from the Rs 38,500 crore allocated last year (See chart). Social activists, however,...
More »Child malnutrition on rise but funding falters -Komal Ganotra
-Down to Earth Almost 40 per cent of India's population is minor but the budget allocated to them is a meagre four per cent of the Union budget It was a mid-winter morning when we first met her at the anganwadi centre of Mai, a small village by the bank of the River Ganga in Bihar’s Munger district. The breakfast session at the anganwadi centre was just over, though some of the...
More »Amid election extravaganza, cycle of farmer suicides continue to rust India's grain bowl
-ANI Ludhiana (Punjab): "My father was under debt, no leader came for help," says a tear eyed Gursevak Singh, the son of a Punjab farmer who committed suicide. Gursevak's father, who was drenched in debt, committed suicide after his crops got damaged. "My father committed suicide, he was under debt and succumbing to the tension of repaying the loan he took the decision of ending his life. No leader helped us," he says. Ever...
More »Why our farmers are killing themselves -A Narayanamoorthy & P Alli
-The Hindu Business Line Rising input costs have shrunk profits, making cultivation unviable. Easy access to credit and better MSPs can help The unremitting wave of farmer suicides has resurfaced, now haunting the farming heartlands of Tamil Nadu. Troubled by a severely deficit monsoon which triggered the worst drought in 140 years, over 100 farmers, mostly in the Cauvery delta, have reportedly committed suicide during a period of one month, and the...
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