-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
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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...
More »MUDRA loans is another crisis in the making, says Raghuram Rajan -Raghuvir Srinivasan
-The Hindu Flags risks in MUDRA, Kisan credit card loans in his report to MPs’ panel New Delhi: Former RBI Governor Raghuram Rajan has cautioned that the next crisis in India’s banking sector could come from loans given to the unorganised micro and small businesses, called MUDRA loans, and credit extended through the Kisan credit card. MUDRA loans are offered under the Prime Minister Mudra Yojana or PMMY, launched in 2015 by the...
More »What the NRC reveals about the challenges of being Bengali in Assam -Paramita Ghosh
-Hindustan Times The NRC exercise is about identifying illegal immigrants within Assam. So why are the Bengalis saying they are being targeted? In the subcontinent, people have lugged suitcases. Said goodbye to old neighbours and acquired new ones. They have changed cities, hammered nameplates on different doors, sometimes in one generation or in each of them. Moving in has never meant that you won’t move out. You may even get an answer out...
More »Six million people quit jobs in 10 months till June, shows govt data -Prashant K Nanda and Asit Ranjan Mishra
-Livemint.com While 10.7 million additional employees joined EPFO between September 2017 and June 2018, at least 6.04 million stopped subscribing to it: Government New Delhi: At least six million people, about 4.6 million of them under 35 years of age, left their formal jobs in the 10 months ending June and may or may not have rejoined work, according to payroll data released by the government on Friday. This is the first time...
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