-Newsclick.in Income support should not lead to the State washing its hands of the poor after handing them a certain sum of money whose real value too would dwindle over time. With Congress president Rahul Gandhi’s announcement recently at Raipur that his party had taken a “historic decision” to introduce an income guarantee scheme for the poor, and with the general anticipation that the Narendra Modi government’s last budget will also announce...
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Two Members of India's National Statistical Commission Quit in Protest -Anuj Srivas and Jahnavi Sen
-TheWire.in P.C. Mohanan and J.V. Meenakshi – the only two non-government members of the commission – tendered their resignations because of the body's ineffectiveness. New Delhi: The only two non-government members of India’s National Statistical Commission have resigned, leaving just chief statistician Pravin Srivastava and NITI Aayog’s Amitabh Kant at the head of a body that is the apex advisory organisation for all of the country’s core statistical activities. According to sources with...
More »Prof. Abhijit Sen, a former member of the erstwhile Planning Commission, interviewed by M Rajshekhar (Scroll.in)
-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...
More »Demonetisation a massive, draconian, monetary shock: Arvind Subramanian
-IANS The former CEA says he does not think anyone disputes that demonetisation slowed growth. Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8% in the seven quarters after it against the 8% recorded prior to the note ban, says former Chief Economic Advisor Arvind Subramanian. Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra Modi, he says that he does not have a strongly-backed...
More »New CEA to be appointed only after poll, says official
-The Hindu Government satisfied with advisory role fulfilled by others The government is unlikely to fill the post of the Chief Economic Adviser (CEA) until after the general elections in 2019, according to a senior official in the Finance Ministry. The government has received only a few applications for the post in the three months since it advertised the vacancy, the official added. Not many applicants “We issued the advertisement for the post of CEA...
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