-The Hindu The Electoral Bond Scheme inhibits the citizen’s capacity to meaningfully participate in political and public life Early this year the government introduced an Electoral Bond Scheme purportedly with a view to cleansing the prevailing culture of political sponsorship. But the programme’s failings have been so blindingly obvious, and its consequences so utterly devastating to rectitude and transparency in government, that even O.P. Rawat, who just retired Chief Election Commissioner, thought...
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MUDRA loans: Big States get a major share; smaller ones left high and dry -Radheshyam Jadhav
-The Hindu Business Line TN entrepreneurs account for 10% of loans disbursed Pune: The growth of entrepreneurship in the non–corporate small business sector (NCSB) in smaller States has not received any major boost under the Central government’s ambitious MUDRA loan scheme. Data show that States that already have higher Credit–Deposit (C-D) ratios — a yardstick that indicates better access to institutional credit — are the ones reaping the benefit of the scheme. While six...
More »Jean Dreze -- development economist -- interviewed by Jipson John and Jitheesh PM (Frontline.in)
-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...
More »Despite 'reform', political parties are getting large anonymous donations -Ruhi Tewari
-ThePrint.in Data shows 99.9% of all electoral bonds bought so far are worth Rs 10 lakh or 1 crore. These bonds do not bear name of the donor. New Delhi: Electoral bonds, brought in to make the system of political funding “more transparent”, seem to have further concentrated donations in the hands of corporates and other high net-worth donors, instead of democratising them. Nearly 100 per cent of the bonds purchased so...
More »Another Budget, Another Year of Ignoring Binding Laws on Rights -Nikhil Dey and Aruna Roy
-TheWire.in The making of the Union Budget has been a far too secretive and hidden exercise. Social sector expenditure and allocations related to policy announcements should be matters of open ongoing debate. On December 20, 2017, a group of 60 eminent economists sent an open letter to the finance minister stating: “We are writing to draw your attention to two urgent priorities for the forthcoming budget.” The first was to increase the central...
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