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Tamil Nadu’s revenue, fiscal deficits understated in 2018-19: CAG

-The Hindu There was a total expenditure of ₹1.34 crore without appropriation by legislature Tamil Nadu’s revenue deficit of ₹23,459.44 crore during 2018-19 was understated by ₹3,757.23 crore and fiscal deficit by ₹1,300.49 crore primarily owing to short transfers totalling ₹1,366 crore towards various reserve funds, such as sinking fund and guarantee redemption fund, according to the Comptroller and Auditor-General’s report on State Finances for the year ended March 2019. There were...

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How India's Financial Inclusion Infrastructure Failed During the Pandemic -Isabelle Guérin, Nithya Joseph and G Venkatasubramanian

-TheWire.in Despite the fact that India's financial inclusion infrastructure has a complex mix of self-help groups and small private banks offering credit to the poor, it has failed to deliver during the pandemic. When the pandemic struck, policymakers and prominent economists across the world called for financial infrastructures to be strengthened. They argued this would support the efficient channeling of relief through cash transfers or cheap loans. India was no exception to...

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Tamil Nadu to enact a Right to Services Act

-The Hindu The Tamil Nadu government will enact a Right to Services Act, Governor Banwarilal Purohit announced on Monday. In his customary address to the Assembly, Mr. Purohit said the Act will streamline the delivery of various public services by government agencies. The Governor said providing a clean administration was the top priority of the government, and the Lok Ayukta would be revitalised and empowered to deal with complaints against public authorities, including...

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India’s vaccine policy needs clarity -K Sujatha Rao

-The Hindu In seeking to pursue conflicting objectives, the policy architecture is complex and difficult to implement Contrary to popular perception, public policies are made without full knowledge or facts. More often than not, they embody assumptions arising from experience, an understanding of history, and present conditions. Considering the vast sea of unknowns surrounding COVID-19, it would be understandable to place a greater reliance on historical experience. Instead, India’s vaccine policy appears...

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Cyclone Yaas-hit families in Jharkhand stare at starvation -Animesh Bisoee

-The Telegraph Survey done in June among 104 affected families finds several forced to stay under tree sheds in rainy season after houses were completely damaged Jamshedpur: A survey by Khadya Suraksha Jan Adhikar Manch in Jharkhand’s West Singhbhum district has painted a grim picture of tribals battling starvation after being battered by Cyclone Yaas on May 27. The survey done in June among 104 affected families in nine blocks (out of a...

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