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The future of old times in India -Jean Drèze and Esther Duflo

-The Hindu Near-universal social security pensions would be a good start to a radical expansion of public support for the elderly Life expectancy in India has more than doubled since Independence — from around 32 years in the late 1940s to 70 years or so today. Many countries have done even better, but this is still a historical achievement. Over the same period, the fertility rate has crashed from about six children...

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First Quarter GDP Estimates This Year no Cause for Celebration -Prabhat Patnaik

-Newsclick.in It is clear that the stagnation that was setting in during 2019-20 has persisted and has even intensified now. The estimates of Gross Domestic Product (GDP) for the April-June quarter released by the government on August 31 paint a dismal picture of the Indian economy. Since the GDP in real terms (at 2011-12 prices) shows an increase of 13.5% over the first quarter GDP a year ago, and since 13.5% appears...

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Realistic analysis shows that the Indian economy has simply taken little steps in Q1 instead of a quantum leap

There is euphoria abound about India's growth performance during the first quarter of the current fiscal. As compared to the corresponding period last year, the year-on-year (y-o-y) GDP growth in the first quarter (Q1) of 2022-23 is down. However, one should take into account the fact that the high growth performance of the real GDP in Q1 of 2021-22 was due to the low base in the corresponding period of...

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Foodgrain Blues: PDS Allocation Dips, Prices Rise -Subodh Varma

-Newsclick.in Meanwhile, output has also dipped due to weather ravages, which hints at tough times in coming months. Strange as it may sound but rice and wheat allocation for distribution through various welfare schemes has been steadily dipping in the past several years. It is strange because the population is growing and even the Supreme Court has urged the Central government to revise its population norms for food grain allocation since these...

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Raise coverage under food security Act: Supreme Court tells Centre -Bhavini Mishra

-Business Standard The apex court directed the Centre to re-determine coverage in accordance with Section 9 of the NFSA The Supreme Court directed the Centre to come out with a solution so that benefits under the National Food Security Act (NFSA) are not restricted in accordance with the Census 2011. And, more and more needy persons get the benefits under the Act. Keeping in mind that the ‘Right to Food’ is a fundamental...

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