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The great Indian GDP debate, explained in five charts -Pramit Bhattacharya

-Livemint.com If there is no way to tell which part of the economy is doing well and which is not, policymakers will continue to have to rely on rough proxies and their intuition for decision-making A month after statisticians from the National Sample Survey Office (NSSO) published a report exposing holes in one of the key databases used in India’s gross domestic product (GDP) calculations the controversy around India’s new GDP series...

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Revealed: River of anonymous election Cash that flowed to Calcutta -Anita Joshua

-The Telegraph Figures in May take the total amount of money invested in this opaque source of funding since January to Rs 4,794 crore Electoral bonds accounting for the maximum amount of political donations in India in May were sold in Calcutta, according to information accessed by a citizen through the Right to Information route. Of the bonds worth Rs 822 crore that were sold in select outlets of the State Bank of...

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Safety Net That Works -Shonar Lala

-The Indian Express Before contemplating new rural programmes, government must expand MGNREGA In the run up to the elections, a plethora of redistributive programmes, including farm loan waivers, Cash transfers and minimum income guarantees came to the forefront as campaigners sought to balm rural distress. Amongst these is a proposal to launch a revised NREGA 3.0, in which 150 days of employment would be guaranteed to the rural poor. Almost 15...

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On Day 1 of new govt, Cabinet extends PM Kisan to all farmers

-The Hindu Business Line 14.5 crore farmers will get Rs.6,000 annually in three equal instalments The Union Cabinet, which held its first meeting on Friday, decided to extend the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) to all farmers in the country irrespective of their landholdings. The Rs.75,000-crore PM Kisan scheme, first announced in the Interim Budget on February 1, was meant only for small and marginal farmers. According to the scheme, poor...

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NDA trounces agrarian crisis to win rural areas -Jitendra

-Down to Earth Despite the rural hinterland being in the throes of agrarian distress, the incumbent coalition has won handsomely in these very areas The incumbent Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) has beaten all odds to win the 2019 Lok Sabha elections. Prominent among these odds was the agrarian crisis that rural India is currently in the throes of. Since 2014, the country has suffered two major droughts and 850-odd...

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