-The Telegraph Jean Dreze claims that in the case of PDS, condition of Chhattisgarh and Odisha is better than Jharkhand Jamshedpur: Economist Jean Dreze said on Friday that not even 70 per cent of public distribution system (PDS) beneficiaries in Jharkhand have been receiving foodgrains after the Covid-19 pandemic. The Belgian economist, social scientist and activist painted a dismal picture of the public distribution system in the state while addressing a workshop on...

-Deccan Herald Dodgy data Surjit Bhalla, India’s Executive Director (IMF), Arvind Virmani, former Chief Economic Advisor under UPA, and K Bhasin, in an IMF Working Paper, state that to estimate poverty, when no survey has been undertaken, is to take the most recent survey (2011-12) data and update individual consumption (or personal) income by the corresponding growth rate observed in the national accounts (NAS). However, there are problems with estimating poverty based on...

-The Hindu CM’s economic advisory team studies model for replication. A sustainable natural farming system adopted in southern Rajasthan’s Banswara district, which has created new livelihood sources and brought food security to indigenous tribal communities, has impressed the Chief Minister’s Economic Transformation Advisory Council. The model is being considered for replication elsewhere in the State. A 20-member team of the Council visited Banswara district’s Amlipara village earlier this week to study the techniques...

-The Hindu Informal workers continue to bear the brunt of pandemic’s adverse effects, says SBI report Signalling a greater shift towards formalisation of the economy, the share of the large informal sector in overall economic activity dipped sharply in 2020-21 even as informal workers continue to bear the brunt of the pandemic’s adverse effects, the SBI said in a research report. Concluding that the share of the informal economy may have shrunk to...

-The Hindu Heads of industry do not share the optimism of the government and RBI, shows CII poll of CEOs. Indian industry does not seem to share the government and the Reserve Bank of India’s optimism about this year’s growth prospects, according to a poll of CEOs conducted by the Confederation of Indian Industry (CII). Nearly two-thirds of CEOs of large corporates polled by CII at its national council meeting earlier this month...