-The Telegraph India’s economic recovery is uneven India’s ranking as one of the world’s fastest growing economies — a bright spot in a troubled and slowing world economy — routinely figures in the public discourse. It was upheld even as oil prices zoomed and inflation surged early this year. It did not waver when growth forecasts were lowered some six months ago. It wasn’t rattled when growth underperformed in the April-June quarter....
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56 mn Indians may have turned poor in 2020 due to pandemic: World Bank -Asit Ranjan Mishra
-Business Standard "The global goal of ending extreme poverty by 2030 is likely to be missed: by then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill said. About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, increasing the global tally by 71 million and making it the worst year for poverty reduction since World...
More »Pitch on cost of poll promises not linked to freebie debate: Election Commission official -Damini Nath
-The Hindu The government’s fiscal health will be brought into the political discourse with the proposed change, says top Election Commission of India official The Election Commission of India’s (EC) proposal that political parties disclose the financial ramifications of promises in their manifestos was not linked to the recent debate on freebies, but was aimed at improving the implementation of existing guidelines, a top EC official said on Wednesday. The EC had on...
More »Government Expenditure on early childhood education a mere 0.1% of GDP: report -Jagriti Chandra
-The Hindu The study calls for raising it to 1.6% to 2.2% of GDP The Government Expenditure in India on early childhood education (ECE) for children between the age of three years and six years is a mere 0.1% of the GDP, and the average spend per child of ₹8,297 per annum is at least a fourth of desired levels, according to a new study. The research conducted jointly by the Centre for...
More »ECI seeks restrictions on cash donations to political parties, writes to government
-PTI/ The Hindu Chief Election Commissioner suggests a slew of amendments to RP Act to increase transparency and accountability on part of candidate The Election Commission has proposed reducing anonymous political donations to ₹2,000 from ₹20,000 and cap cash donations at 20% or at a maximum of ₹20 crore to cleanse election funding of black money, sources said on Monday. Chief Election Commissioner (CEC) Rajiv Kumar has written a letter to Union Law...
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