-The Telegraph New Delhi: India is no longer the fastest-growing major economy in the world: it has lost its bragging rights to China. The Central Statistics Office (CSO) today put out its provisional estimates on national income that showed real GDP growth had tumbled to 6.1 per cent in the fourth quarter (January-March). That is considerably slower than the 6.9 per cent growth that the resurgent Chinese economy racked up during the same...
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Modi Government Halves Spending On Maternity Benefit Programme
-PTI Pregnant women and lactating mothers are eligible to receive a cash benefit of Rs. 5,000 in three instalments. New Delhi: The Modi government on Wednesday virtually halved the number of beneficiaries under its Maternity Benefit Programme (MBP) by restricting the scheme to firstborns instead of 'first two live births' as applicable earlier. PTI had earlier reported that reduced allocation of funds of Rs. 2700 crore for the scheme in the Union...
More »UNESCAP: Note ban effect 'transient'; India to grow 7.1% in 2017 -Surabhi Prasad
-The Hindu Business Line Sees enhanced infra spending, higher consumption New Delhi: While noting that demonetisation of high value currency by the government last year will help bring in more taxpayers into the tax net, the United Nations ESCAP in a new report has said that more measures will be required to fight black money in the future. “The measure did not, by itself, impede future black money flows in new denominations. …...
More »The Centre Has Abdicated Its Responsibility to Farmers Through Its Pricing Policies -Kavitha Kuruganti
-TheWire.in The insurance coverage in 2015 was 22.3%, with a government expenditure of Rs 2,955 crore. But by spending 4.5x since, how does the government admit to a coverage of only 23%? Farmer suicides and agrarian distress have likely never been among the national public debates as they are right now. A group of Tamil Nadu farmers, whose protests in New Delhi were dubbed ‘bizarre’ but who were actually desperate for debate and...
More »Bumper Harvest: Smile's back on Madhya Pradesh's farmers -Milind Ghatwai
-The Indian Express A good, even if not record, wheat crop along with improved prices brings cheer after two not-so-good years. Dewas (Madhya Pradesh): Manohar Singh Sendhav cannot offhand recall the number of trips he has made to the Dewas mandi or to the shining steel silo at Durgapur, some 10 km away. Undaunted by the searing noon heat, this farmer from Chandakhedi village in Dewas district’s Sonkatch taluka watches his tractor driver...
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