-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....
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Could the single engine driving India crash? Yes, if you go by one of Modi's top guys
-The Economic Times At a time when the shadow of a slowdown lengthens but the government steadfastly downplays any such concern, here comes a cracker of an observation from one of India's most celebrated economists who also happens to be a vital cog in Modi's policy team. In an interview to NDTV, Rathin Roy, member of the Prime Minister's Economic Advisory Council (PMEAC) and Director of National Institute of Public Finance &...
More »Cyclone Fani: Initial estimate pegs crop damage at Rs. 150 crore -Priscilla Jebaraj
-The Hindu 35 lakh poultry birds killed in Odisha The initial estimate of Cyclone Fani’s damage to standing crops in Odisha has been pegged at Rs. 150 crore, but the State Agriculture Department warns that the destruction of storage facilities and harvested crops stored in the open could further spike those losses. Low insurance penetration could also exacerbate farmers’ losses, especially in the poultry sector. “Because of the advance warning, it was possible to...
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...
More »Are farm loan waivers a political gimmick? -Vikas Dhoot
-The Hindu Several interventions are needed on the demand and supply side to alleviate farm distress Loan waivers remain the preferred solution for governments to tackle farm distress. S. Mahendra Dev and M. Govinda Rao talk about the inability of governments to think of long-term solutions to tackle farm distress, in a discussion moderated by Vikas Dhoot. Edited excerpts: * Despite farm productivity rising, severe distress in the sector is a concern. How...
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