-The Times of India Direct transfer of benefits in cash to targeted beneficiaries of food and fertilizer subsidies could save an estimated Rs 60,000 cr and help trim the fiscal deficit which, in turn, may calm stubbornly high food inflation, a study by a government wing has shown. The study showed that policies to rein in food inflation would require winding down of the fiscal deficit, which has gone above 8% of...
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Agent's apple growers don't get fruit of labour-Sandeep Pai
-DNA You may be cursing when you pay a high price for Kashmiri apples, wondering what share of the moneyorchard owners would receive. But in reality, the apple growers wouldn't be even knowing the price at which the fruit is sold in the mainland, leave alone reaping profits. Then, where does the money go? Into the pockets of commission agents, who, sitting in Delhi or any of the major cities, exploit and...
More »Rural folks driving own economy with self-sustaining models -Rupali Mukherjee
-The Times of India MUMBAI: Indian villages are powering their own economy, but contrary to conventional belief , it's not government largesses which are the drivers, but their own self-sustaining models. Growth at the bottom of the pyramid is at unprecedented level, and the transformation is stark. The factors driving this transformation are dramatic improvements in rural roads, electrification, cell phones and water supply which are raising wages and increasing job opportunities...
More »Prof. Reetika Khera, Development economist IIT Delhi interviewed by Sreelatha Menon
-The Business Standard Indian Institute of Technology-Delhi professor and development economist Reetika Khera tells Sreelatha Menon that the food Bill may not be a leap ahead, but it is certainly a step forward * The food Bill is a guarantee for lifelong dependence on government doles. As an economist, can one defend such a policy? The food Bill should be seen as an investment. "Labour" is India's most important asset. In that sense,...
More »Urban slums data reinforces India’s consumption story-Neha Sethi
-Live Mint Indians who live in slums are not very different from those who live elsewhere, in terms of ownership of assets Indians who live in slums are not very different from those who live elsewhere, in terms of their ownership of assets, including consumer products and houses, although they may not have the same access to water and sanitation. The finding, reflected in Census 2011 data that was released on Thursday, reinforces...
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