-CaravanMagazine.in The economist Jean Drèze’s book, Sense and Solidarity, published in late 2017, deals with the impact of Aadhaar on social-welfare programmes, such as the National Food Security Act and the Mahatma Gandhi National Rural Employment Guarantee Scheme, among other things. Drèze was a member of the United Progressive Alliance government’s advisory council, which designed the NFSA and MGNREGS. He co-authored some of the essays in this book with colleagues and...

-Business Standard The dilemma regarding reliability is usually the greatest around the release of advance estimates Analysts at the Reserve Bank of India (RBI) have questioned the numerous revisions in gross domestic product (GDP) data by the statistics office. RBI has said this confuses analysts about the economy. It suggested the Central Statistics Office (CSO) incorporate data on high frequency economic Indicators such as commercial vehicles and international air passenger traffic. It should...

  There is some bad news for the world’s largest democracy. Thanks to the vitiated atmosphere induced by troll attacks on scribes on social media, among other things, the country's World Press Freedom Index (WPFI) ranking has fallen two places to 138th position.   Among 180 countries, India ranked 136th last year with a score of 42.94. However, in 2018 it attained 138th position with a score of 43.24 according to the...

-The Hindu NITI Aayog CEO says he did not say they were dragging down India’s growth Facing criticism over his comment that eastern States such as Bihar, Uttar Pradesh, Chhattisgarh, Madhya Pradesh and Rajasthan, where the BJP is in power, are keeping India backward, Amitabh Kant, Chief Executive Officer of NITI Aayog, on Tuesday issued a clarification on Twitter. “These States are backward on human development Indicators because of legacy issues. This government’s...

-The Indian Express At present, 11 weak PSBs out of the 21 State-owned banks are under the PCA, which kicks in when banks breach regulatory norms on issues such as minimum capital, amount of non-performing assets and return on assets. Lending to the corporate sector, particularly small and medium enterprises, is becoming increasingly difficult with more than half the country’s public sector banks (PSBs) now under the RBI’s Prompt Corrective Action (PCA)...