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Jharkhand lacks universal pension coverage, allege civil society activitists

-Press release by Right to Food Campaign dated 28th September, 2018 17 lakh elderly, widows and differently-abled persons in Jharkhand who qualify for social security pensions, do not receive their entitlement. One important reason is that pension coverage in Jharkhand is not universal. Even those who do receive pensions face chronic selection errors and administrative glitches. In 2016-17, 3 lakh pensioners were deleted as “fake”, though many genuine persons, whose pension...

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For The Farmer's Future -Ajay Vir Jakhar

-The Indian Express It is important to evaluate the consequences of the Centre’s agriculture policy. With elections around the corner, it’s too late for a course correction of the farm sector, but it’s an opportune time to document the unintended consequences of half-baked policies for the next five years. Otherwise, the momentum of existing policies will continue to feed rural economic misery. Agriculture GDP growth plummeted just as India’s agricultural trade surplus,...

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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...

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Why are rural wages crawling when farm GDP growth is galloping -Gaurav Choudhury

-MoneyControl.com A continued property market slowdown and a vegetable glut may have pushed landless labourers back to villages, seeking daily jobs and depressing wage growth India’s gross domestic product (GDP) growth looks set to cruise along the 7-7.5 percent trail, partly aided by steady farm incomes and record harvests on the back of plentiful summer rains over the last three years. But it may still be early to open the bubbly yet.  The...

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Consumption-driven GDP growth unhealthy for Indian economy -Manas Chakravarty

-Livemint.com A consumption-driven growth not only fuels Inflation, but also can arguably lead to a slackening of future growth Economic growth of 8.2% for the June quarter may have beaten all estimates, but the big question is: what kind of growth is it? Is the economy firing on all the engines of domestic consumption, investment demand and external demand? Let’s look at the numbers. The anecdotal evidence of a spurt in consumption growth...

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