-Scroll.in With the aim of understanding inequality from the lens of opportunities, a new index measures the disproportionality of access across the country. The concept of equality of opportunity is rooted in the Rawlsian philosophical tradition, whereby people are expected to construct a society in a way that they would be happy for their position in society to be determined by a random draw. He argued that social positions should be formally...
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Dried Wells, Broken Dams, Distressed Villagers Define UP's Multi-Crore 'Bundelkhand Package' -Dheeraj Mishra
-TheWire.in Corruption, poor quality construction materials and the specious implementation of schemes combined with the Centre’s flawed MSP policies have rendered the attempt to transform the region useless. Chitrakoot/ Banda: On a freezing night in early January, as anchors on television and radio jubilated in the new year and extolled the many ‘achievements’ of the incumbent government, Madhav Prasad, a 55-year-old farmer in Bundelkhand, lay anxious on a cot in his hut. The...
More »Stop chasing profits at customers' expense, RBI Deputy Governor tells MFIs
-The Hindu The RBI deputy governor reminded the industry that their customers often have lower level of financial awareness and literacy and ‘are often too desperate to turn away any source of credit’. Micro-finance lenders must refrain from chasing profits and introspect on the ‘negative consequences’ of pushing their borrowers into a debt trap, using harsh recovery practices and harassing customers as this could undo the sector’s progress, a top central banker...
More »Centre vs Punjab: Farmers miss out on incentive to not burn stubble -Vivek Mishra
-Down to Earth Thrice GoI has returned Punjab’s proposal of giving Rs 2,500 per acre to small, marginal farmers even as they demand Rs 6,000 per acre As many as 361,850 small and marginal farmers in Punjab did not receive state incentives for stubble management in the last one year due to paucity of funds. The northern state’s request for financial stimulus to pay this incentive was turned down by the...
More »A reminder that India still trails in the hunger fight -Dipa Sinha
-The Hindu The Government’s objection to the methodology of the Global Hunger Index is not based on facts The Global Hunger Report (GHR) has once again made headlines in India for the country’s poor ranking in terms of the Global Hunger Index (GHI). The report ranks India at 101 out of 116 countries, with the country falling in the category of having a ‘serious’ hunger situation. The ranks are not comparable across...
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