-The Hindu The Indian education system would be a good place to start with reforms, says the development economist Jean Drèze is possibly the world’s most famous Belgian-Indian. He has lived in India since 1979, and is an Indian citizen. As a development economist and activist, he has helped draft some startlingly pro-people legislations, such as the Mahatma Gandhi National Rural Employment Guarantee Act, 2005, and the National Food Security Act, 2013....
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Demonetisation has not worked, no two views about it: Bimal Jalan -V Kumara Swamy
-The Telegraph Former RBI governor chats about economy, RBI-Centre standoff and his latest book Even 15 years after quitting the Reserve Bank of India (RBI), former governor Bimal Jalan lapses into RBI-speak whenever he doesn’t want to say much on an issue. We are in Jalan’s office on the sixth floor of an apartment block, a few hundred metres from the Delhi headquarters of the RBI. At the very outset, he tells me...
More »The oil & rupee problem -Kirit Parikh
-The Indian Express A balanced approach can reduce petrol price without affecting revenues. RBI mustn’t artificially shore up rupee The Brent crude oil price has changed from around $68/barrel in January to $70/barrel on November 9, touching a high of $86 on October 3. The rupee has also fallen from Rs 63.30 per US$ in January to Rs 70 on November 9. These fluctuations have created major policy problems for the...
More »Crop insurance under a cloud
-The Tribune Need to readjust premium to favour farmers Insurance firms, both in the public and Private Sectors, have reportedly made a killing by offering crop insurance to farmers in about two dozen states. The Tribune reported abnormal gains by a dozen insurance firms through the Pradhan Mantri Fasal Bima Yojna (PMFBY). Insurers reportedly received a gross premium of Rs 22,362 crore under the scheme in 2016-17 and saved huge sums even...
More »Union govt mulls grant for maternity leave
-The Times of India NEW DELHI: The central government scheme to reimburse employers in the Private Sector 50% wages of the last 14 weeks of maternity leave will be funded by a Rs 400 crore allocation and is intended to counter the perception that extended maternity leave is deterring female employment. There will be a wage ceiling of Rs 15,000 a month for eligible women. On the status of the proposal, the...
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