-Scroll.in But study of the pilot scheme also finds that 67% of respondents now prefer cash transfers. In three Union territories where the government is running an experimental project to distribute cash instead of subsidised Foodgrains, a third of beneficiaries surveyed said they either had not received any money at all (with or without proof) or did not know if they had received it. This despite government claims that 99% of...
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As Bangla imports surge, rice becomes costly -Abhishek Law & Pratim Ranjan Bose
-The Hindu Business Line The prices of common rice varieties in West Bengal have increased by 10-20 per cent at the miller’s end in recent weeks. Bangladesh has imported 600,000 tonnes in the last five weeks Kolkata: Panic over potential Foodgrain shortfall and opportunistic trading in Bangladesh have sent the price of rice soaring on both sides of the border. Over the last three weeks, the price of common rice varieties in West...
More »Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
More »Farmers across India are sowing more cotton, less oilseeds and pulses -Mridula Chari
-Scroll.in Cotton acreage has increased by 18%. As September comes around with the promise of the first harvests in a few weeks, data released by the Ministry of Agriculture on Friday indicate that the overall kharif season sowing acreage as of the end of August is 0.5% less than the previous year. This year, farmers across India have moved decisively away from what were once profit-making crops such as oilseeds as well...
More »PDS focus should be on people, not fingerprints -Geetanjali Krishna
-Business Standard For those whose fingerprints don't match, life becomes 'imPoS-able' New Delhi: In certain circles of Jharkhand, a newly-minted term has become the source of heartburn and more — PoS-able. It refers to whether or not one’s fingerprints match on the PoS (point of sale) biometric readers in ration shops. Those whose fingerprints match, access their allotted ration. For those whose fingerprints don’t match, life becomes ‘imPoS-able’. According to an ongoing...
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