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How to save Kisan Credit Cards from becoming an easy tool for money laundering -Sanganagouda Dhawalgi

-Financial Express Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Rajan’s caution be that as it may, one thing is certain that today KCC has become a tool in the hands of several...

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Subsidies may be a hidden culprit in India's farm crisis -Zia Haq

-Hindustan Times Every Rs 10 lakh invested in farm research pulled 328 people out of poverty; 26 people were helped by the same amount spent on subsidies. New Delhi: Are Indian farmers paying a price for sweeping agricultural input subsidies they enjoyed for decades and which they have taken for granted, from virtually free power to extremely low-priced fertilisers? Data from a landmark new research seem to suggest so. The research, by economist...

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Cong Jan Dhan gripe

-The Telegraph World Bank report suggests that 33% of the Jan Dhan accounts were opened by people who already had bank accounts New Delhi: The Congress on Thursday said the Jan Dhan accounts, one of Prime Minister Narendra Modi’s flagship programmes, were “an exercise in mass deception”, aimed at creating propaganda tools for “self-praise” rather than the avowed objective of financial inclusion of the poor. “By December 2016, twenty-four per cent of the...

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What has driven India's poverty reduction? -Arjun Srinivas

-Hindustan Times 55 % Indians were classified as poor by the MPI methodology in 2005-06. India halved its poverty rate in the next 10 years. In absolute terms, the number of poor fell from 630 million to 360 million during this period. New Delhi: Improved nutrition, better sanitation and increased asset ownership have halved India’s poverty rate between 2005-06 and 2015-16, according to a study by the Oxford University. In the 10-year...

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Cure In Progress -Poonam Khetrapal Singh

-The Indian Express Deliberations at UN show resolve to address public health challenges at highest level. On September 26, the UN General Assembly (UNGA) deliberated on how best to address a serious public health challenge — tuberculosis (TB). A day later, the world’s most esteemed political forum deliberated on combating non-communicable diseases (NCDs). For several years, WHO South East Asia and its member states have been ground zero in the battle against...

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