-The Hindu Business Line Joint committee likely to seek term extension New Delhi: If the pace at which the Joint Committee on the FRDI Bill has held proceedings is any indication, the Centre seems to have developed cold feet on getting the legislation passed. In January, the committee has had all but two sittings. The panel has a mandate till April 6, the last day of the Budget Session of Parliament, but sources...
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Kaushik Basu, Professor of Economics and the C. Marks Professor of International Studies at Cornell University, interviewed by Mohit M Rao (The Hindu)
-The Hindu The former Chief Economic Adviser on India’s current slowdown in economic growth and the mix of policies needed to reignite it In a career spanning more than four decades, economist Kaushik Basu has donned many hats. He was Chief Economic Adviser to the Government of India (2009-2012) and Chief Economist of the World Bank (2012-2016). At present, he is Professor of Economics and the C. Marks Professor of International Studies...
More »Beneficiaries not using subsidy amount to buy foodgrain: Puducherry -Dipak K Dash
-The Times of India NEW DELHI: The Puducherry administration has approached the Union food ministry to seek a return to the system of distributing subsidised foodgrain, instead of crediting the subsidy to the bank accounts of beneficiaries. The Union territory administration has claimed the beneficiaries are not using the subsidy amount to buy foodgrain. "The chief minister recently put up this proposal before Union minister Ram Vilas paswan. The UT administration...
More »Landless cultivators to be farmers too! Change of definition to extend assorted benefits to 14 cr currently excluded -Prabhudatta Mishra
-The Financial Express Over 14 crore households who cultivate on land owned by others under a formal lease agreement or even under a temporary arrangement overseen by the gram panchayats or other official functionaries may soon start getting assorted sops doled out to “farmers” by the government just as their land-owing counterparts do. According to official sources, the definition of farmer will be changed via a gazzette notification to include cultivators...
More »Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
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