-The Telegraph Nearly 10 crore children have the midday meal in 11 lakh schools every working day New Delhi: The Centre has allowed privately managed centralised kitchens to be engaged to serve food to schoolchildren in rural areas under its midday meal scheme — a decision it had earlier announced in May 2017 only to roll back in April this year — raising fears of loss of jobs for thousands of cooks. Trade...
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What can be done to address the demand drought in our economy? -Suresh Seshadri
-The Indian Express Why tax sops are not enough? What can policy makers do? The story so far: A worryingly persistent slowdown dragged economic growth in India down to 5% in the fiscal first quarter, its weakest pace in more than six years. And while the recent weeks have seen the possible reasons for the slowdown, as well as the government’s policy measures to ostensibly help revive the economy being put under...
More »Prabhat Patnaik, an economist and former economics professor at the Jawaharlal Nehru University, interviewed by Kaushal Shroff (The Caravan)
-CaravanMagazine.in In the budget unveiled in July, the finance minister Nirmala Sitharaman ambitiously claimed that India’s economy would hit $5 trillion by 2025. In the weeks that followed, the Central Statistics Office revealed that the gross domestic product growth rate for the April–June quarter fell to a six-year low of five percent; the Reserve Bank of India cleared a surplus transfer of Rs 1.76 lakh crore to the union government; and...
More »Creating a fair digital payments market -Padmashree Gehl Sampath
-The Hindu Local firms will be at a disadvantage if big tech companies are given plum roles Since early last year, WhatsApp has busily piloted its payment system in India. WhatsApp Pay relies on the Indian government’s Unified Payments Interface (UPI) system to facilitate inter-bank transactions. Regulatory approval that would allow its nation-wide introduction is stuck on one point: the Indian government has asked WhatsApp to localise all data processing related to...
More »Next-door clinics make healthcare affordable -Paras Singh & Mohammad Ibrar
-The Times of India NEW DELHI: The so-called mohalla clinics, or neighbourhood health centres, are an important part of the ruling Aam Aadmi Party’s electoral campaign. AAP had promised 1,000 across Delhi, but opened just 189 till December last year, attributing the failure to start the rest to bureaucratic hurdles. TOI visited eight mohalla clinics in north, east and central Delhi to find that while patients were mostly satisfied with the...
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