-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...
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Neither BPL nor APL -Abhijit Sen
-The Indian Express Socio-Economic and Caste Census can help identify welfare beneficiaries without falling into a binary trap. The release earlier this month of the Socio-Economic and Caste Census (SECC) has been followed by much media analysis. Some have expressed scepticism about what it shows and others have treated it as yet another set of numbers on how many are poor in India. It has also been variously hailed as revolutionising benefit...
More »Limits of the SECC Data
-Economic and Political Weekly This is not "big data" to be used to cut down welfare expenditure. It was the Ministry of Rural Development which, for close to five years beginning in 2010, designed, planned and oversaw the execution of the 2011 Socio Economic and Caste Census (SECC), whose first batch of results were released earlier this month. Yet, it was somewhat unusual to see Union Minister for Finance, Arun Jaitley, rather...
More »More than half of world’s poor out of safety net coverage, says World Bank -Jitendra
-Down to Earth Poverty is urbanising at a rapid pace, it says Despite the growing number of social safety net schemes to improve lives of the poor, it is still a distant dream for the almost half of the world’s poor to come under it. According to a recent World Bank report, nearly 55 per cent of the total world’s poor population is still out of its coverage. The poverty is rising...
More »Social Safety nets require more public funding
The nation can be proud of running some of the world's largest programmes on social safety nets, says the latest report by World Bank. However, public spending on safety nets is still low in comparison to neighbouring countries Bangladesh and Pakistan. India tops the list of 136 countries for running the world's largest school feeding programme i.e. the Mid Day Meal Scheme (MDMS), and also the biggest public works programme i.e....
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