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Basic Needs Not Freebies; Poor People More Entitled to Receive Them: Jayati Ghosh

-PTI/ Newsclick.in The economist said the word 'freebies' indicates the class position of those who use it. New Delhi: Economist Jayati Ghosh said that 'basic needs' like nutrition, healthcare, housing and education, which the government should provide for its citizens, are not freebies, while asserting that the poor are more entitled to receive their basic needs. Ghosh noted that the word 'freebies' indicates the class position of those who use it. "India has one...

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Income Taxpayers can't join Atal Pension Yojana from Oct 1: Govt -Nikunj Ohri

-Business Standard Social security scheme should reach the poor and underprivileged, says official The Centre will bar Income Taxpayers from availing themselves of the Atal Pension Yojana (APY) from October 1 this year to ensure that the scheme’s benefits reach the poor and underprivileged. Atal Pension Yojana, launched in 2015, is a social security scheme for citizens aged 18 to 40. Subscribers, based on their contributions, get a guaranteed monthly pension of Rs...

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UN Report: Global hunger numbers rose to as many as 828 million in 2021

-Press release by FAO dated 6 July 2022 The latest State of Food Security and Nutrition report shows the world is moving backwards in efforts to eliminate hunger and malnutrition Rome/New York: The number of people affected by hunger globally rose to as many as 828 million in 2021, an increase of about 46 million since 2020 and 150 million since the outbreak of the COVID-19 pandemic (1), according to a United...

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Hanging by a thread: Gujarat’s textile industry -AM Jigeesh

-The Hindu Textile traders and cotton farmers say they’re suffering unprecedented losses. For a State half whose population is linked to textiles, such a crisis could have far-reaching consequences. With the Assembly polls scheduled in Gujarat later this year,  A.M. Jigeesh explores whether this financial adversity could have political repercussions Hours after the Goods and Services Tax (GST) was launched at a midnight gala on June 30, 2017, a 38-year-old textile trader,...

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The story behind the big GDP-GVA gap -Pragya Srivastava

-Livemint.com Yet again, two measures of India’s economy— ‘gross value added’ and ‘gross domestic product’—have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released Tuesday. Mint explains: What is the difference between GVA & GDP? Gross value added (GVA) adds up the value of all goods and services produced in an economy after deducting the input...

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