-The Times of India MUMBAI: Currency in circulation touched a new high of Rs 20.65 lakh crore on January 18, 2019, way above the pre-demonetisation high of Rs 17.97 lakh crore. The increase in currency usage points to a recovery in 'informality' in the economy as the government goes easy on goods and services tax compliance and businesses continue using cash, according to Pranjul Bhandari, chief economist, India, HSBC. The acceleration of...
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The solution is universal -Rajendran Narayanan & Debmalya Nandy
-The Hindu Strengthening the MGNREGA would be more prudent than a targeted cash transfer plan like PM-KISAN Rural distress has hit unprecedented levels. According to news reports, unemployment is the highest in 45 years. To allay some misgivings of the distress, one of the announcements in the Budget speech was that “vulnerable landholding farmer families, having cultivable land up to 2 hectares, will be provided direct income support at the rate of...
More »There's a hole in the data -Kiran Bhatty & Dipa Sinha
-The Indian Express The state has failed to create capacities for a timely, reliable, decentralised data regime. The credibility of India’s data systems is under serious threat with the recent controversy over the employment data of the National Sample Survey. While the Census of India and the National Sample Survey Organisation (NSSO) have a good reputation, when it comes to data related to the social sector — health, education, nutrition —...
More »Health study flags insurance holes -GS Mudur
-The Telegraph Hospitalisation cover does not protect families from catastrophic expenses A three-state study has found that India’s government-funded or private health insurance schemes that pay for hospitalisation have not adequately protected households from catastrophic health expenditures and rekindled the debate on how to achieve universal health care. The study that examined sample households in Gujarat, Haryana and Uttar Pradesh found 28 per cent of insured households and 26 per cent of uninsured...
More »Delhi government considering threefold-hike in margin money to fair price shop owners
-PTI NEW DELHI: The Delhi government is considering a nearly threefold-hike in the margin money for ration dealers from existing Rs 70 to Rs 200 per quintal, besides paying arrears to them. Food and civil supplies minister Imran Hussain on Saturday said the matter is under active consideration of the government. "A proposal in this regard will be placed before the cabinet at the earliest for trebling the margin money," Hussain said...
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