-Financial Express Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Rajan’s caution be that as it may, one thing is certain that today KCC has become a tool in the hands of several...
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Country's non-income-based poverty level has fallen over the past 10 years, shows new report
For long, economists have argued among themselves whether income should be the only criterion for measuring poverty. After all, in real life a person can face multiple deprivations, say, in terms of access to education, health and living standards, among others. The multidimensional poverty index (MPI), which offers a valuable complement to traditional income-based poverty measures, was first introduced in the 2010 Human Development Report (HDR). The MPI looks at...
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 »Half-baked efforts at poverty reduction -Aasha Kapur Mehta
-The Hindu Business LineSustainable development goals are not being taken seriously. Anti-poverty schemes are not backed by funds or commitmentIndia is a signatory to the global Sustainable Development Goals (SDGs) and is committed to achieving them. SDG1 aims to ?end poverty in all its forms everywhere? by 2030. It is true that poverty has declined in India. However, it is also true that an extremely large proportion of Indians suffers...
More »Lip service to labour rights -Indira Hirway
-The Hindu The exodus of migrant labour from Gujarat highlights the indifference of States to their well being and rights Gujarat is one of the top States in India that receive migrant workers, largely temporary and seasonal, on a large scale. In Gujarat, they work in unskilled or semi-skilled jobs in a wide range of activities such as in agriculture, brick kilns and construction work, salt pans and domestic work, petty services...
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