-Down to Earth For every million rupees spent on agricultural research, 328 people are pulled out of poverty. In contrast, the same amount spent on power subsidies brings only 23 people come out of poverty. The message is clear. With the Union elections only a few months away, the Centre should prioritise capital investments over populist subsidies to deliver on its promise of strengthening the farm sector. This is important, especially when the...
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Of 42 'Hunger-Related' Deaths Since 2017, 25 'Linked to Aadhaar Issues'
-TheWire.in To mark one year since the death of 11-year-old Santoshi Kumari in Jharkhand, activists have released a list of hunger-related deaths in India since 2015. New Delhi: A year after the ‘starvation’ death of an 11-year-old girl, Santoshi Kumari, in Jharkhand’s Simdega district, activists have compiled a list of 56 alleged hunger-related deaths since 2015 across the country, of which 42 were in 2017 and 2018. Kumari’s death led to a spate...
More »What ails the Indian banking sector? -Pronab Sen
-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...
More »Cabinet clears Rs. 3,466 crore dam improvement project
-The Hindu 198 existing dams in seven States will benefit The government has approved a 65% hike, and extended by two years, a project to improve the stability and working of dams in 11 States. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the Dam Rehabilitation Improvement Project (DRIP) project on Wednesday. Out of the Rs.3,466 crore cleared, Rs. 2,628 crore would be funded by the...
More »First time, under-five mortality rate same as global average -Abantika Ghosh
-The Indian Express The under-five mortality of the girl child is 2.5 per cent higher (40 deaths per 1,000 live births) than the under-five mortality of the boy child (39 deaths per 1,000 live births). New Delhi: In what is a major milestone in reduction of child deaths in India, the country’s under five mortality rate, for the first time, has been estimated at 39 deaths per 1,000 live births, the same...
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