-The Hindu Two-wheelers continue to slide as virus adds to woes In a sign of reviving rural demand, tractor players M&M and Escorts posted a double-digit growth in sales in February 2020. M&M’s farm equipment sector (FES) said its domestic sales in February 2020 stood at 21,877 units, up 21% from the year-ago month. Exports, though, dropped 22% to 683 units, taking total tractor sales during the month to 22,561 units. This is a...
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A Low Growth, No Employment and No Hope Budget for ‘Aspirational India’ -KP Kannan
-Economic and Political Weekly The Union Budget of 2020 is conspicuous by its non-recognition of the ongoing and widely discussed slowdown of the economy, let alone its impact on the different sections of the people. Given the negative growth in employment and consumption in the rural economy, the budget seems like a cruel joke on the plight of the poor, in general, and women, in particular. Instead of measures for boosting...
More »Aadhaar, no standout performer in welfare delivery -Praveen Chakravarty
-The Hindu Aadhaar-based biometric authentication did not reduce PDS leakages, finds Jharkhand-based empirical study “Aadhaar has curtailed leakages of Government subsidies... Through Aadhaar, savings worth ₹90,000 crore have accrued to the Government,” said Ajay Bhushan Pandey, then CEO of the Unique Identification Authority of India (UIDAI) and current Revenue Secretary, in UIDAI’s 2017-18 annual report. But not so fast, say Professors Karthik Muralidharan, Paul Niehaus and Sandip Sukthankar. They have just published a...
More »Kerala govt completes 2 lakh houses for needy under 'Life Mission'
-ANI/ The New Indian Express The LDF Government is planning to complete 100 apartment complexes using dry construction pre-fab technology in the coming days. THIRUVANANTHAPURAM: Kerala Finance Minister Thomas Isaac on Friday said that state Government has achieved a milestone by completing two lakh houses under the Life Mission, a Government scheme, to provide houses for the needy. "The Left Government is committed to providing housing for all. We have achieved a milestone...
More »We're on track to doubling farmers' income: Dalwai -KV Kurmanath
-The Hindu Business Line Paradigm shift needed, says chief of Committee on Doubling Farmers’ Income The ambitious plan of the Modi Government to double farmers’ income by 2022 is on track. “What I can tell you at this point is that we are on the right track on achieving the target,” said Ashok Dalwai, Chairman of the Committee on Doubling Farmers’ Income. Dalwai said only a paradigm shift will alleviate farmers’ condition, the...
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