-The New Indian Express A new worrisome report released by the government-owned NABARD claims that 79 per cent of Telangana farmers are struggling to repay their loans on time. HYDERABAD: Every successive government has implemented scheme after scheme “to save” the debt-ridden farmer, yet none of them seem to have made any impact. A new worrisome report released by the government-owned NABARD claims that 79 per cent of Telangana farmers are struggling...
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Maitreesh Ghatak, Professor of Economics at London School of Economics, interviewed by Tathagata Bhattacharya (National Herald)
-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
More »First time, under-five mortality rate same as global average -Abantika Ghosh
-The Indian Express The under-five mortality of the girl child is 2.5 per cent higher (40 deaths per 1,000 live births) than the under-five mortality of the boy child (39 deaths per 1,000 live births). New Delhi: In what is a major milestone in reduction of child deaths in India, the country’s under five mortality rate, for the first time, has been estimated at 39 deaths per 1,000 live births, the same...
More »Will the new scheme give Aasha to farmers? -Devinder Sharma
-The Hindu Business Line Hiking MSPs is not enough. The govt must work out a mechanism to provide income transfers to farmers The launch of a new umbrella scheme — Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) — last week, is a response to the growing farmers’ anger over the last few years. Farmers have been demanding an assured income to emerge out of the continuing agrarian crisis. With open market prices...
More »CMIE's Mahesh Vyas says 3.5 million jobs lost due to demonetisation
-The Indian Express The impact on the labour force was even much more significant. While the job losses could have been at least 3.5 million, the reduction in the labour force was to the tune of 15 million. New Delhi: Demonetisation may have caused job losses of at least 3.5 million and the damaging impact on labour force was even starker, Centre for Monitoring Indian Economy (CMIE) chief executive Mahesh Vyas said...
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