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How social transfers help poor cope with risk -Surbhi Bhatia Using India’s Public Distribution System (PDS) as a case study, new research shows social transfers may reduce labour supply, but increase wages A common belief about social transfers is that they make their recipients lazy, decrease labour supply and do not reduce Poverty. According to research that examines India’s largest social transfer programme, the public distribution system (PDS), social transfers indeed reduce labour supply but this increases wages and alleviates Poverty. In...

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Key steps to kick-starting the economy -C Rangarajan

-The Hindu Getting financial institutions to a healthy state when they can begin to lend confidently is most crucial for faster growth We bid goodbye to 2019 with a sigh of relief. Anything that could go wrong went wrong during this year. Growth rate plummeted. From the level of 8.1% in the fourth quarter of 2017-18, quarterly GDP growth fell to 4.5% in the second quarter of 2019-20, a fall of 3.6...

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In Odisha district, scientists team up to give farmers a new future -Sampad Patnaik

-The Indian Express The farming is being supervised by top scientists from the Lucknow-based Central Institute of Medicine and Aromatic Plants (CIMAP), while the roses are being monitored by scientists from National Botanical Research Institute (NBRI). Nabarangpur: In one of India’s poorest districts, a team of scientists from premier central government institutes have joined hands to help farmers find new life — and hope. “They are helping me improve farming,” says Krishna Chandra...

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Mind the statistics gap -C Rangarajan & S Mahendra Dev

-The Indian Express Growing divergence between consumption expenditure estimates from NSO surveys and GDP data is too big to be pushed under the carpet Recently, we had expressed concerns that with the GDP growth rate falling in the post 2011-12 period, the decline in the Poverty ratio would be slow. During 2011-12 to 2018-19, both GDP and agriculture growth were lower than in the earlier period. The terms of trade were not...

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Glimpses of Pratham's 20-year partnership with Abhijit Banerjee and Esther Duflo -Rukmini Banerji

-The Indian Express Over two decades, we have together learned how hard work on the ground and rigorous research can help to evolve solid solutions to one of the big problems facing primary education in India today. Little did we know when we embarked together on a journey 20 years ago, that the path from Mumbai’s municipal schools would eventually lead to Stockholm and a Nobel prize. A tall, thin economics professor...

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