-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
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Poor prefer subsidized grains over cash dole, finds Jharkhand audit -Sayantan Bera
-Livemint.com Close to 97% of the 8,370 respondents surveyed in Jharkhand’s Nagri block said they prefer in-kind food subsidies due to the hardships faced while withdrawing cash and accessing ‘rations’ New Delhi: An audit by the Jharkhand government of the direct benefit transfer (DBT) of food subsidy has found that most households prefer subsidised grains over cash transfers. Close to 97% of the 8,370 respondents surveyed in Jharkhand’s Nagri block said they prefer...
More »People spend 13 hours to access direct benefit transfers in Ranchi -Mayank Jain
-Business Standard As a matter of fact, the study found that people are so unsatisfied with the DBT system being piloted by the government that they want to return to the previous system of grains distribution People in Nagri Block in Jharkhand have to wait for around 13 hours on average to be able to withdraw cash received through the direct benefit transfer (DBT) scheme and buy rice from the public distribution...
More »In terms of ease, citizens of Nagri block in Ranchi dislike the pilot cash transfer-based PDS, reveals social audit
The outcome of a social audit (conducted in April this year) related to the pilot cash transfer programme in the public distribution system (PDS) in Nagri block (Ranchi district) has confirmed that most beneficiaries want back the normal ration system that existed previously. Yet the Jharkhand state government continues with the DBT-based PDS in Nagri block, instead of returning back to the older system, says a press release by the...
More »ATMs run out of notes: Here's the reason behind the massive cash crunch -Somesh Jha
-Business Standard Although the rate of cash circulation has surpassed the pre-demonetisation level, it is not in tandem with the rate of economic growth Automated Teller Machines (ATMs) across various states are running dry with the present situation reminiscent of demonetisation of high-value currency notes one-and-a-half years back. States, including Gujarat, Uttar Pradesh, Madhya Pradesh, Bihar, Andhra Pradesh, Manipur and Telangana, have reported shortage of cash at ATMs. A stock-taking analysis submitted by...
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