-The Hindu Business Line The decline in share of cooperatives in total farm credit is a cause for concern and needs to be corrected, says Ramesh Chand, Member, NITI Aayog . An agriculture expert and a full-time member of the Aayog, Chand believes that financial inclusion in the sector has three dimensions – geographical distribution of farm credit, more long-term credit, and larger role of cooperatives. In an interaction with BusinessLine, Chand...
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Cash Transfers: Miracle or Mirage? -Pramit Bhattacharya
-Livemint.com The success of Cash Transfers will depend on how well the government addresses design bugs The recent economics conclave hosted by the finance ministry in the capital has rekindled the debate on Cash Transfers in India. Among the invitees to the conclave was one of the most vocal critics of India’s transition to direct Cash Transfers, Jean Dreze, a development economist and an advisor to the erstwhile United Progressive Alliance (UPA)...
More »Don’t dismantle, reform -Sonalde Desai
-The Indian Express There is evidence to suggest that with a few modifications, MGNREGA can dent poverty. There are few government programmes that excite as much passion as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). For advocates, it is a lifeline for the rural poor. For critics, it is a programme that distorts labour markets and does far more harm than good. In this partisan quicksand, it is hard to...
More »Will the JAM Trinity Dismantle the PDS? -Silvia Masiero
-Economic and Political Weekly The platform known as the JAM Trinity (an acronym for Jan Dhan Yojana, Aadhaar and mobile numbers) may enable a shift from the current Public Distribution System, based on price subsidies, to the direct transfer of benefits. However, it is incorrect to argue that JAM technologies will necessarily lead to the demise of the PDS. State-level experiences of computerisation, recounted here, reveal that the same technologies can...
More »Centre invites critic Jean Dreze to economics meet, then snubs him
-The Times of India NEW DELHI: Jean Dreze, eminent economist and a former member of the National Advisory Council during the UPA regime, was dropped from a high profile economics conference organized by the finance ministry. Dreze, who has been critical of some of the measures of the NDA government, was invited to speak at the Delhi Economics Conclave on Friday. "This is the invitation I received and accepted some time ago. On...
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