-National Herald Two years after the disastrous demonetisation, the Prime Minister and his Finance Minister—even the fawning media— no longer speak of the ‘Demonetisation Dividend’. There has been none Two years back, on November 8, at around 8.30 pm, the Prime Minister of India, with his characteristic love for drama, unleashed on the country what he had then claimed was the one silver bullet which would eliminate the triple evils of...
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In Poll-Bound Madhya Pradesh, Farmers' Anger Grows Despite A Good Harvest -Lola Nayar
-Outlook India In the fertile farmlands of Mandsaur, political allegiance still grows tall. As does farmers’ discontent and anger. Tractor-trolleys laden with sacks of mostly soybean form a serpentine queue outside the foodgrain mandi in Mandsaur. Farmers make their way inside in ones and twos, unpack the bags and unload their produce among growing mounds of soybean in the wide mandi yard. A reasonably good monsoon has ensured a bountiful harvest for...
More »Subsidies may be a hidden culprit in India's farm crisis -Zia Haq
-Hindustan Times Every Rs 10 lakh invested in farm research pulled 328 people out of poverty; 26 people were helped by the same amount spent on subsidies. New Delhi: Are Indian farmers paying a price for sweeping agricultural input subsidies they enjoyed for decades and which they have taken for granted, from virtually free power to extremely low-priced fertilisers? Data from a landmark new research seem to suggest so. The research, by economist...
More »Cong Jan Dhan gripe
-The Telegraph World Bank report suggests that 33% of the Jan Dhan accounts were opened by people who already had bank accounts New Delhi: The Congress on Thursday said the Jan Dhan accounts, one of Prime Minister Narendra Modi’s flagship programmes, were “an exercise in mass deception”, aimed at creating propaganda tools for “self-praise” rather than the avowed objective of financial inclusion of the poor. “By December 2016, twenty-four per cent of the...
More »What has driven India's poverty reduction? -Arjun Srinivas
-Hindustan Times 55 % Indians were classified as poor by the MPI methodology in 2005-06. India halved its poverty rate in the next 10 years. In absolute terms, the number of poor fell from 630 million to 360 million during this period. New Delhi: Improved nutrition, better sanitation and increased asset ownership have halved India’s poverty rate between 2005-06 and 2015-16, according to a study by the Oxford University. In the 10-year...
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