-The Hindu The former Chief Economic Adviser on India’s current slowdown in economic growth and the mix of policies needed to reignite it In a career spanning more than four decades, economist Kaushik Basu has donned many hats. He was Chief Economic Adviser to the Government of India (2009-2012) and Chief Economist of the World Bank (2012-2016). At present, he is Professor of Economics and the C. Marks Professor of International Studies...
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Now, payments and small finance banks can offer -Atal Pension Yojana
-The Hindu Business Line Will help strengthen existing channels of distribution, says Finance Ministry New Delhi: The Centre’s social security scheme for the aged — the Atal Pension Yojana (APY) — will now also be available at small finance and payments banks, the Finance Ministry said on Friday. “To strengthen the existing channels of APY distribution, it is felt that these new payments banks and small finance banks will provide a boost to...
More »How India's Extraordinary 'Baolis' Began to Disappear -Malvika Singh
-TheWire.in In The Vanishing Stepwells of India, Victoria Lautman articulates how a traditional water conservation system was foolishly destroyed when the British took the reins. It is not difficult to comprehend the importance of water conservation. The resource is as precious and far more valuable than gold. Water will always be scarce and in arid, dry regions, the liquid is worshipped. It is an integral element in rituals that manifest faith. All...
More »Maharashtra seen buying 4.5 lt of tur under price support scheme -Rahul Wadke
-The Hindu Business Line Online registration of farmers, higher moisture in the produce delay the procurement Mumbai: The targeted procurement of 4.46 lakh tonnes of tur (redgram or pigeon pea) in Maharashtra is expected to commence on a full scale by February 1. The Nafed procurement process is delayed as farmers have been asked to first register online for selling their produce. Sources in the Nafed said that about one lakh farmers have...
More »Hard reality and political compulsions may force a rural-focused budget
Budgetary allocation to a particular sector indicates how much priority the government assigns to that sector as compared to the rest. A preliminary analysis by the Inclusive Media for Change team indicates that the actual expenditure (net of receipts and recoveries) by two of the country’s most important ministries, namely the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) was less than 1 percent...
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