-CivilSocietyOnline.com New Delhi: An estimated 50 percent of children in the National Capital Territory of Delhi are undernourished, but a State Food Commission that can address the problem has not been set up. The Food Security Act of 2013 stipulates the setting up of food commissions in the states to monitor mid-day meals served in government schools and supplementary nutrition provided in anganwadis, which are mother and child care centres. It has been...
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Declining bank credit indicates poor economic performance
Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...
More »Is direct benefit transfer really a panacea for the rural poor? -Sanjiv Phansalkar
-VillageSquare.in Given the complex and varied situations in rural India, the results of the direct benefit transfer method are so far mixed at best and debilitating at worst, as seen in the subsidies for farm equipment and fertilizers Direct benefit transfer (DBT), a system through which government programs transfer funds directly to bank accounts of beneficiaries, is hailed as a major intervention that is expected to cut a whole lot of misdirection...
More »The unsuitable boy of India's cattle economy -Abhishek Rajan
-VillageSquare.in The problem of male cattle in India, the world’s largest milk-producing country, remains in limbo even as farmers grapple with latest government regulations that severely restrict cattle trade and culling Alpesh Patel, a small farmer in Mogari village of Anand district in Gujarat, owns three crossbreed female cattle and earns supplemental income by selling milk to the nearest dairy co-operative. He strives to keep his herd efficient for milk production by...
More »Asim Dasgupta, former Finance Minister of West Bengal, interviewed by AM Jigeesh (The Hindu Business Line)
-The Hindu Business Line Asim Dasgupta, who was Finance Minister of West Bengal for 24 years, was probably the only CPI(M) member who attended Saturday’s event at the Central Hall of Parliament, on the eve of the GST’s launch. In fact, Dasgupta was Chairman of the Empowered Group of State Finance Ministers which prepared the first formulation of GST laws in 2009. He spoke to BusinessLine on the new indirect tax regime,...
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