-The Indian Express In a pARTicularly devastating flood in Assam this year, 49 children have been reported dead so far. Guwahati: On June 1, a 13-year-old in Assam’s Nagaon district drowned while chasing ducks in a flooded river near his house. A month later, on July 1, a six-year-old slipped and fell into the slushy waters of the Champabati river, a tributary of the Brahmaputra, in Dhubri district while making her way...
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Bank accounts opened under Jan Dhan Yojana crosses 40-crore mark
-PTI/ The Hindu As per the latest figure, there are 40.05 crore beneficiaries of this scheme and deposits in Jan Dhan bank accounts are in excess of ₹1.30 lakh crore. More than 40 crore bank accounts have been opened under the government’s flagship financial inclusion drive Pradhan Mantri Jan Dhan Yojana (PMJDY), launched about six years ago by the Modi-government. As per the latest figure, there are 40.05 crore beneficiaries of this scheme...
More »Rebuild India’s confidence, revive the economy -Manmohan Singh and Praveen ChakravARThy
-The Hindu The path to a sustained recovery is to improve sentiments in society, using economic tools These are extraordinarily difficult times for our nation and the world. People are gripped with the fear of disease and death from COVID-19. This fear is ubiquitous and transcends geography, religion and class. The inability of nations to control the spread of the novel coronavirus and the lack of a confirmed cure for the disease...
More »MGNREGA has already used up half its annual funds
-The Hindu The study noted that wages in the scheme are 25-30% lower than the minimum wages for agricultural workers in most States. One-third of the way through the financial year, government data shows that the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme has used up almost half its allocated funds, spending more than ₹48,500 crore out of the expanded ₹1 lakh crore allocation announced following the COVID-19 outbreak. A new...
More »PM-KISAN is not reaching all farmer households as intended -Bornali Bhandari, Santanu Pramanik and Sonalde Desai
-The Indian Express Given this uncertainty over the reach of PM-KISAN and its targeting, the relevance of the scheme needs to be carefully evaluated during this period. The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is the first universal basic income-type of scheme targeted towards landed farmers. It was introduced in December 2018 to manage agricultural stress. Initially, the scheme was targeted at small and medium landed farmers, but with the declining growth...
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