Is it the case that the global economic downturn instead of shrinking domestic demand has affected our economy more? If the aforesaid statement is true, then ideally the trade related data should indicate improvement in our imports and deceleration in the country's exports. However, that is not the case and we get a mixed picture. A press release by the Ministry of Commerce & Industry dated 13th September, 2019 shows...
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Government violates NFSA, thousands of women deprived of maternity benefits; reveals survey -Jaideep Deogharia
-The Times of India RANCHI: Noted economist Jean Dreze has accused the Centre of violating National Food Security Act by depriving a section of women from maternity benefits which is otherwise guaranteed under NFSA-2013. Survey conducted by Sakina Dhorajiwala of Libtech India along with students from Delhi University, Central University of Tamil Nadu, Tata Institute of Social Service (TISS) and Ranchi University in June 2019 has revealed that out of 232 eligible...
More »Why India's mega bank mergers move may not yield the desired results -Mythili Bhusnurmath
-The Economic Times Government’s forced mega merger of public sector banks could scupper economic recovery. I am not saying we maintain a Panglossian countenance, that we smile away every difficulty. But, in any real economy, the mood is very important,’ observed Reserve Bank of India governor Shaktikanta Das, speaking at an event in Mumbai late August. Sound advice. Sentiment matters. Irrational despondency can be as damaging for the economy as ‘irrational exuberance’. But...
More »RTI reveals threefold rise in number of manual scavengers despite ban -Dheeraj Mishra
-TheWire.in The government, as part of an ongoing survey to identify them, has left out almost half the people who said they were engaged in manual cleaning work. In India, there are more than 40,000 people working as manual scavengers in 84 districts of 14 states. This information was revealed after a survey begun by the Central government in 2018 for their identification. This number is three times that of the number...
More »Explained: Why One Nation, One Ration Card scheme could be a boon for poor migrants -Mehr Gill
-The Indian Express Essentially, the ONORC scheme has been launched keeping in mind the internal migration of our country. Last Friday, the government launched the pilot project for the inter-state portability of ration cards between Telangana and Andhra Pradesh, and between Maharashtra and Gujarat, as part of its ‘One Nation, One Ration Card’ scheme. “It is a historic day. We have started off inter-state portability of ration card pairing two states...
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