-The Times of India NEW DELHI: The government is set to offer additional foodgrains at subsidised rates to offload massive stocks piled up in granaries due to a liberal support price regime and also add a kilo of sugar to the monthly ration for beneficiaries under the National Food Security Act (NFSA). Over the next few days, the Union Cabinet is expected to decide on providing additional 2 kg grains to every...
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Government's key agenda must be to accelerate growth -C Rangarajan
-The Hindu Only a fast-growing economy can generate surpluses needed to create jobs and sustain social safety nets Now that the general election is over, the time has come to pay serious attention to the economy. The national income numbers continue to be controversial. No serious policy decision can be taken with ambiguous numbers. Nevertheless, even with the new official numbers it is clear that growth is slowing down. As in the...
More »NYAY is an important first step toward social justice -Vani S Kulkarni and Raghav Gaiha
-Hindustan Times Better health and education facilities, and expansion of old age pension and insurance must follow to improve the socio-economic status of the people . A battle cry of the Congress in the current election is the Nyuntam Aay Yojana (Nyay), which promises Rs 6,000 per month to the poorest 20% of the households. Some have questioned its rationale. Others have questioned its feasibility. Still others have been laudatory about it....
More »The middle income trap that India must avert
-Livemint.com A top economic adviser has flagged the risk of stagnation that lack of inclusive growth could cause. We must reduce inequality and help everyone achieve upward mobility The warning by Rathin Roy, a member of an economic panel advising Prime Minister Narendra Modi, that India could be headed for a “structural crisis" has sparked a debate on whether the economy’s days of high single-digit growth rates are a thing of the...
More »Mumbaikars can now drink water straight from tap: BMC -Clara Lewis
-The Times of India MUMBAI: Mumbaikars can now drink water straight from the tap, Brihanmumbai Municipal Corporation’s (BMC’s) hydraulic engineer Ashok Tawadia said. According to BMC, an average 0.7% of water samples collected daily across Mumbai between April 2018 and March 2019 tested positive for Coliform bacteria, a group of microorganisms present in water bodies that indicate water may not be fit for drinking. This is far better than the WHO...
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