-Livemint.com * There is no such thing as a freebie in economics because ultimately somebody has to bear the cost of the supposedly free giveaways * CAG’s financial audit for 2013-18 concluded that Delhi has no debt sustainability issues as its GSDP grew faster than its public debt The Aam Aadmi Party’s win in the Delhi Elections has inspired others to replicate its strategy. The West Bengal government’s last full budget before state...
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Rural India reels under economic slump -Avani Kapur, Meghna Paul & Vastav Irava
-Hindustan Times Currently, two of the Government of India’s (GoI) largest schemes focussed on reviving the rural economy have been the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN). With food inflation hitting 14% in December 2019 and real rural wages declining for eight consecutive months (latest data available till October), rural India is among the worst hit by the current economic slowdown. Providing...
More »Refrain within BJP: Economy big worry, may spill onto streets -Ravish Tiwari
-The Indian Express The BJP leaders, however, said they hope the Budget may be able to instill some confidence and arrest the current downward slide. While the BJP has publicly ratcheted up heat against CAA-NPR-NRC protests with an eye on Delhi Elections, several responsible functionaries within the party and the government privately acknowledge that economic slowdown as the real concern. “The biggest fear is if growth doesn’t pick up, it will spill onto...
More »503 Lok Sabha MPs including Amit Shah failed to furnish property details: RTI reply -Vineet Upadhyay
-The New Indian Express According to members of the Lok Sabha Declaration of Assets Rules 2004, every member should declare their property details within 90 days of their election. DEHRADUN: In a startling revelation, an RTI query revealed that 503 of 543 members of parliament from Lok Sabha have failed to furnish property details after getting elected in the May 2019 parliamentary Elections. According to members of the Lok Sabha Declaration...
More »Senior citizens, widows demand pension hike before Elections
-The Hindu Shanti Devi, a 70-year-old widow, spends her days cleaning houses in Okhla to earn a meagre sum as she has not got her government pension for over two years. “I went to the social welfare office. I showed them my passbook, my Aadhaar card, but they just gave me a slip saying my pension has been stopped and told me to approach the local MLA,” she says, pulling a...
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