-PTI About Rs. 1.47 lakh crore of agricultural loans are outstanding in Madhya Pradesh, Rajasthan and Chhattisgarh Asian Development Bank (ADB) Country Director Kenichi Yokoyama Friday said farm loan waivers were against economic principles and cannot effectively address the agrarian distress. Yokoyama also advocated for direct transfer of funds to targeted beneficiaries as it would cut down leakages. On farm loan waiver, he said most of the people are sceptical about it as an...
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Indu Bhushan -- CEO of Pradhan Mantri Jan Arogya Yojana (PM-JAY) -- interviewed by Bindu Shajan Perappadan (The Hindu)
-The Hindu The CEO of the Pradhan Mantri Jan Arogya Yojana on the challenges and scope of the scheme and responses from the States Indu Bhushan is the CEO of the world’s largest government-funded health insurance scheme, the Pradhan Mantri Jan Arogya Yojana (PM-JAY), which was launched by Prime Minister Narendra Modi on September 23. Until his appointment as CEO of PM-JAY, Mr. Bhushan served as director general for the East Asia...
More »Global Index reveals governments split between fighting and fueling inequality
-Press Release by Oxfam India dated 9 October 2018 Nigeria, Singapore, India and Argentina are among a group of governments that are fueling inequality, according to a newly released edition of the Commitment to Reducing Inequality Index developed by Oxfam and Development Finance International. The Index ranks 157 countries on their policies on social spending, tax, and labor rights - three areas the organizations say are critical to reducing inequality. It...
More »Bangladesh is better off than India, not a poor, backward neighbour anymore -Priyamvada Grover
-ThePrint.in Bangladesh has come a long way since its independence in 1971, registering impressive performance on economic and social indicators. New Delhi: India, the fastest growing major economy, is seen as the powerhouse of South Asia, but this may soon change. Having already stolen a march over India on key social indices, small neighbour Bangladesh is now on the verge of establishing a lead on the economic front too. According to the Asian Development...
More »The Indian economy's changing growth constraints -Niranjan Rajadhyaksha
-Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints. The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain...
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