-Livemint.com Thankfully, India is enjoying a demographic dividend that gives it greater leeway for deficit-financing The dominant consensus on the slowdown in India is that we have a demand problem. Lack of aggregate demand is a phrase that goes back to John Maynard Keynes. He is a ghost who reappears from time to time, however much one tries to bury him. Regardless of whether you are a Keynes devotee or not, his...
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Getting the economy to turn around -Ajay Shankar
-The Hindu Business Line Lowering the exchange rate to boost exports, a grant-based stimulus for auto sector and reviving stalled power projects will help The slowdown in the Indian economy is far steeper than what most observers had expected. The government has announced a set of MEAsures for revival. It has also indicated that more are in the pipeline. For this to have become necessary within weeks of the presentation of the...
More »Salt-roti MEAl expose: MDM audit to be held after 2 years -Vinod Khanal
-The Times of India LUCKNOW: With the salt-and-roti expose in Mirzapur embroiling the mid-day MEAl scheme in controversy, the government will conduct a quality audit of food served to children. This will be conducted by external agencies, including Govind Ballabh Pant Social Science Institute, Lucknow University and Indian Institute of Management-Lucknow. A similar audit in 2016 by Giri Institute of Development Studies (GIDS), Lucknow, focused only on two districts. This time, the...
More »Growing gap in irrigation potential and usage major challenge -Jitendra
-Down to Earth To reduce the consumption of water and maximise agricultural productivity in the country, the government is trying to introduce different innovations The gap between irrigation potential created, through major and minor projects, and the actual usage is increasing and affecting the country’s agricultural productivity, according to the Indian Council of Agriculture Research (ICAR), the premier agricultural education and research body under the Union Ministry of Agriculture. "The key challenge facing...
More »Curious case of Mudra loan failure and disconnect of BJP's election winning machine -Prabhash K Dutta
-IndiaToday.in Total value of Mudra loans stood at Rs 5.57 lakh crore. Total number of employment generated from this amount stood at 1.12 crore. This MEAns every single employment cost the government around Rs 5 lakh under Mudra Yojana. * PM Modi launched Mudra Yojana as a flagship job creation programme in 2015 * Recent reports say only 20 per cent Mudra loans led to fresh employment * Mudra Yojana Survey by Labour Ministry...
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