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Household savings in Banks dip for first time in four decades -Sunitha Natti

-The New Indian Express For the first time in four decades, Bank deposits plunged to 25 per cent of overall household financial assets in FY18 as against 67 per cent a year before. MUMBAI: For the first time in four decades, Bank deposits plunged to 25 per cent of overall household financial assets in FY18 as against 67 per cent a year before. The startling downfall of Bank deposits is a first, at...

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Sowing hopes

-The Hindu Business Line The AASHA scheme promises better returns on crops, but implementation is the key With the decades-old minimum support price (MSP) system failing to address the crisis at the farm gate, the three schemes that are a part of AASHA – the Price Support Scheme (PSS) itself, the Price Deficiency Payment Scheme (PDPS) and the Pilot of Private Procurement and Stockist Scheme (PPPS) – point to an innovative, MSP-plus...

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Why factory output figures are suspect -R Nagaraj

-The Hindu Business Line The MCA database, which underpins the jump in factory GDP, is unconvincing. The ASI method was set aside for wrong reasons In early 2015, the Central Statistical Office (CSO) introduced a new series of National Accounts Statistics (NAS) with 2011-12 as the base year, replacing the earlier series with the base year 2004-05. It is the CSO's routine job to make such revisions, roughly once in a decade,...

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The power of Kudumbashree -Brinda Karat

-The Hindu The Kerala model can be implemented across India with the same secular and gender-sensitive spirit Kumari died on September 1. She had contracted leptospirosis while doing relief work in Kerala after the floods, away from her own home which had not been affected. She was a health volunteer and prominent member of the Kudumbashree Mission in her panchayat in Ernakulum district. Kumari’s work and life symbolises the spirit of Kerala...

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Arunachal flash flood toll rises to five

-PTI ITANAGAR: With the recovery of one more body, the death toll in flash flood and landslides in Arunachal Pradesh rose to five while a girl was still missing, an official said on Sunday. The body of 32-year-old Mary Beyong of Modirijo who went missing since Friday, was retrieved by Banderdewa Police and NDRF team from Dikrongn river at Nepali Gaon near No 2 Pithaguri village in Assams Lakhimpur district on Saturday...

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