-TheWire.in Any policy that seriously intends to reduce poverty and deprivation should increase social sector spending and look to universalise basic services. On Monday, Congress president Rahul Gandhi promised a minimum income guarantee scheme or Nyuntam Aay Yojana (NYAY) if voted to power in the upcoming Lok Sabha elections. The proposal involves a transfer of Rs 72,000 per year to 20% of the poorest families in India. He claimed that this “is...
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Kalia stopped by Code, BJD asks: Then how is PM-Kisan OK? -Sampad Patnaik
-The Indian Express CEO Surendra Kumar did not respond to calls for comment on the BJD allegation. BJP leader Pratap Sarangi, however, said: “They (BJD) are desperate and know they will be defeated. That is why they are attacking the CEO Odisha.” Bhubaneswar: The ruling BJD Monday alleged that the Odisha Chief Electoral Officer had stopped implementation of the Krushak Assistance for Livelihood and Income Augmentation (Kalia) scheme, the state government’s...
More »'Government isn't able to provide even small jobs': Unemployment, anger in Jaipur's informal sector -Madhav Sharma
-Scroll.in Effects of demonetisation and GST continue to be felt across the country on the eve of the elections At three grimy market squares in India’s pink city of sandstone palaces, the fates of a former farming couple, a former factory owner, and a graduate illustrated how difficult it now is to find even a job of hard labour, as a general election looms in a country witnessing record unemployment. It had been...
More »Deepening slowdown: on the Indian economy
-The Hindu Can the RBI’s reduction in borrowing costs help check the demand slowdown? India’s economy is inarguably slowing, and the latest estimates from the Central Statistics Office disconcertingly point to a deepening slowdown. GDP growth is projected to have eased to 6.6% in the October-December period. With the CSO now forecasting the full-year expansion at 7%, fiscal fourth-quarter growth is implicitly pegged at an even slower 6.5%. At that level, growth...
More »Growth in Agri GVA deflator shows a declining trend in comparison to growth in other sectoral GVA deflators
Recent studies and media reports have confirmed that Indian farmers are facing non-remunerative and sometimes falling prices. A past news alert by the Inclusive Media for Change team indicated deflation in wholesale prices of 8 kharif crops (viz. maize, arhar, moong, urad, groundnut, soybean, sunflower seed and Niger seed) on average between 2016-17 and 2018-19. Based on data analysis, that news alert also demonstrated how the rural areas have witnessed...
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