-The Times of India NEW DELHI: Universal Basic Income (UBI) or direct cash transfer is a powerful idea that mandates serious discussion, the Economic survey said on Tuesday as it presented scenarios both for and against the scheme — which is aimed at eradicating poverty. It said that a UBI that reduces poverty to 0.5% would cost between 4-5% of GDP, assuming that those in the top 25% income bracket do...
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0.5% tragedy and DeMo confession
-The Telegraph New Delhi: The Demonetisation Demon will gouge India's economic growth in 2016-17 by at least half a percentage point, chief economic adviser Arvind Subramanian told reporters after presenting the Economic survey a day before the budget. Subramanian, who was voicing his views for the first time on the deeply polarising subject of demonetisation, rejected the dire prophecies of other Oracles, including his former employer, the International Monetary Fund, that projected...
More »Dept not to source mid-day meals from ISKCON kitchen -Charu Chhibber
-The Tribune Chandigarh: Keeping in view the palate of students, the UT Education Department has decided not to source mid-day meals from the Akshaya Patra Foundation of the International Society for Krishna Consciousness (ISKCON). Chandigarh Tribune had earlier reported that students of government schools in the city will get mid-day meals from the Akshaya Patra Foundation of ISKCON from the new academic session, starting in April. However, the Education Department has now taken...
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 »Low health spend alert
-The Telegraph New Delhi: India's public spending on health is about five times lower than the world average, the Economic survey released today has said, adding the country lacks good models of health care for replication nationwide. The survey, in a section on social sector expenditure trends, has pointed out that the government's annual expenditure on health was 1.2 per cent of the gross domestic product in 2013-14, 1.1 per cent in...
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