-The Hindu The government’s maternity benefit programme must be implemented better and comply with the Food SECurity Act Yashoda Devi was five months pregnant with her third child when we met her in Jharkhand in June. She was in extreme pain. The doctor had told her that she was very weak and had advised her to improve her nutritional intake. But Ms. Devi did not have money to follow the doctor’s advice. Not...
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Ahead of 2019 polls, govt slashes GDP growth rate during UPA era
-PTI NEW DELHI: The government on Wednesday lowered the country's economic growth rate during the previous Congress-led UPA regime, shaving off over 1 percentage point from the only year when India posted double-digit GDP growth post liberalisation and from each of the three years with 9-plus per cent expansion. Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office (CSO) estimated that India's GDP...
More »Demonetisation a massive, draconian, monetary shock: Arvind Subramanian
-IANS The former CEA says he does not think anyone disputes that demonetisation slowed growth. Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8% in the seven quarters after it against the 8% recorded prior to the note ban, says former Chief Economic Advisor Arvind Subramanian. Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra Modi, he says that he does not have a strongly-backed...
More »Demonetisation: New currency notes issued in 2016 have become 'unusable' in 2 years
-National Herald It has now come to light that new currency notes with higher ‘SECurity’ features introduced after demonetisation are quickly becoming ‘unusable’ within just two years of circulation It does seem like the PM Narendra Modi-led government simply cannot get anything right. It has now come to light that new currency notes with higher ‘SECurity’ features introduced after demonetisation are quickly becoming 'unusable' within just two years of circulation. According to sources,...
More »Agriculture ministry withdraws report that said demonetisation adversely affected farmers
-Scroll.in The ministry has issued showcause notices to three of its senior officials for submitting the report before Agriculture SECretary Sanjay Agarwal could vet it. The Ministry of Agriculture has withdrawn a report that said demonetisation affected millions of farmers in the country. The ministry cited a “compilation error” to justify the withdrawal and submitted a new report that says farmers did not face any “adverse impact” as a result of the...
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