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'Farm loan waivers against economic principles'

-PTI About Rs. 1.47 lakh crore of agricultural loans are outstanding in Madhya Pradesh, Rajasthan and Chhattisgarh Asian Development Bank (ADB) Country Director Kenichi Yokoyama Friday said farm loan waivers were against economic principles and cannot effectively address the agrarian distress. Yokoyama also advocated for direct transfer of funds to targeted beneficiaries as it would cut down Leakages. On farm loan waiver, he said most of the people are sceptical about it as an...

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60 Economists Send Wake-Up Call to Arun Jaitley on Maternal Benefits

-TheWire.in "The central government’s contribution to old-age pensions...has stagnated at just Rs 200 per month since 2006. This is unfair." New Delhi: Sixty economists from across the country have written to finance minister Arun Jaitley, asking him to ensure that social security pensions and maternity benefits get adequate attention in the Union Budget 2019. They argue that they had made a similar “modest” request before the 2018 Budget, but it went unheeded. The...

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Looking for a new version of MGNREGA -Ashwini Kulkarni

-Livemint.com Merely putting the labour component of other projects in MGNREGA may not lead to any value addition There are several studies and reports that clearly show that the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has accomplished its objectives to a large extent. Initially, this government derided the programme as some kind of a dole—but it later acknowledged its role in rural development, if reluctantly. The chief ministers’ council in...

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Hollowed out

-The Telegraph Hunger kills. In India, it does so with alarming frequency. Three girls aged eight, four and two died in the national capital last week; the autopsy showed that their stomach and bowels were "absolutely empty". This was in spite of the fact that the oldest girl at least went to school and should have been receiving mid-day meals. The blame, as usual, was at first apportioned to exclusion. The...

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Cash transfers more effective than PDS, says ICRIER-OECD report -TV Jayan

-The Hindu Business Line Direct bank transfers plug Leakages in food distribution, ensure better nutritional security New Delhi: Irrespective of teething problems encountered in places where it was launched as pilot, direct cash transfers are far more effective than food subsidy in reducing food insecurity and nutritional imbalances among the Indian population, a new report has shown. Currently, India spends ?1,45,400 crore — about 1.3 per cent of its GDP — to give...

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