-Firstpost.com So, Prime Minister Narendra Modi has got his three wise men and one wise woman to advise him on managing the economy. The Prime Minister’s Economic Advisory Council (PMEAC) has been revived with Bibek Debroy as chairman and Surjit Bhalla, Rathin Roy and Ashima Goyal as members. Ratan Watal, a career bureaucrat, will be member secretary. No one can deny that it’s a great team with impeccable credentials, both as economists...
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Cash transfers for subsidised foodgrain: Government claims 99% success. Not so, say 33% -Mridula Chari
-Scroll.in But study of the pilot scheme also finds that 67% of respondents now prefer cash transfers. In three Union territories where the government is running an experimental project to distribute cash instead of subsidised foodgrains, a third of beneficiaries surveyed said they either had not received any money at all (with or without proof) or did not know if they had received it. This despite government claims that 99% of...
More »Govt readies booster dose to revive stuttering economy, may target MSME sector -Suchetana Ray
-Hindustan Times India’s economic growth slumped to 5.7% in April-June quarter, which experts attribute to demonetisation that sucked out 86% of the currency in circulation from a largely cash-reliant economy. The government’s expected measures to revive a stuttering economy could mainly target the MSME sector and involve a re-look at public-private project norms to boost investment without breaching its fiscal deficit target for the year, officials involved in the process told HT. Besides,...
More »Maneka Gandhi Clashes With NITI AAYog on Replacing Food With Cash Transfers -Anoo Bhuyan
-TheWire.in The government is finalising a pilot project in line with NITI AAYog’s recent suggestion that children and mothers be given cash transfers instead of cooked or uncooked food. At a conference on under-nutrition organised by the Ministry of Women and Child Development this week, Union minister Maneka Gandhi said that the government is keen to overhaul the Integrated Child Development Service (ICDS) and withdraw the provisions of cooked food and rations...
More »Cash transfers may replace rations for women and infants -Shalini Nair
-The Indian Express Cash transfers instead of food has been widely debated with several criticising it for not being an actual substitute for take-home rations, which is a mix of cereals, fats, sugar and pulses, with added micronutrients. In a major policy shift, the Ministry of Woman and Child Development (WCD) has prepared a proposal to substitute take-home rations, given in aanganwadis for infants under three and pregnant and lactating mothers,...
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