-The Indian Express Data collated from the Reserve Bank of India over the last five years shows that growth in credit outstanding for the priority sector has traditionally been rising at a much faster RATe than the growth in gross bank credit An uptick in the economy is clear from the improvement in gross bank credit availability but unlike in the past, lending to the priority sector continues to trail, posting single-digit...
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Neither Private Schools nor Technology Will Solve India's Learning Crisis -Rakesh Kumar Rajak and Martin Haus
-TheWire.in Reports on education ignore the fact that students in public and private schools are vastly different. Reform is necessary, but there are no silver bullets. The ASER report paints a grim picture of what is (not) happening in Bihar’s schools. Only around 24% percent of children in Class III can read a Class II text. A little more than half the enrolled children are present on any given day. More than...
More »The SDG India Index -- Can bold global ambition be translated into effective ground reality? -Mitu Sengupta
-Orfonline.org The Index is a good start, but future developments will need to be watched with a critical eye. The Sustainable Development Goals (SDGs) are an ambitious declaRATion of global aspiRATions, ranging from eliminating poverty, hunger, and violence against women to providing legal identity and equal access to justice to every person in the world. Adopted unanimously by the 193 UN Member States in September 2015, the SDGs are meant to guide...
More »Niti Aayog bats for direct benefit transfer to farmers -Yogima Sharma
-The Economic Times NEW DELHI: Farmers could get annual income support of Rs 15,000 per hectare if the Niti Aayog’s proposal for an upfront subsidy through direct benefit transfer is accepted, said people with knowledge of the matter. The Aayog has suggested that all subsidies for agriculture, including fertiliser, electricity, crop insurance, irrigation and interest subvention be replaced by income transfer. Telangana and Odisha have adopted income support to help alleviate agrarian...
More »Addressing agrarian distress: An alternative 'area planning' price support scheme for farmers -Sher Singh Sangwan
-The Indian Express The existing MSP-based procurement system is fiscally unsustainable. The time has come to consider market intelligence-based regulation of crop production Farmers are always in distress when prices of their produce are subdued. The response of governments, obviously prompted by political pressures, has been to sharply hike minimum support prices (MSP) of crops or declare loan waivers. Thus, the current government at the Centre has significantly raised the MSPs of...
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