Stories you must read over the weekend

We replug a list of five stories and interviews that you must read over the weekend

GN Bureau | February 3, 2017


#demonetisation   #Delhi pollution   #universal basic income   #UBI   #weekend stories   #SBI  
Weekend stories
Weekend stories

From Mahatma Gandhi’s Sabarmati Ashram to corporate talkshop Davos, it’s creating a buzz everywhere. If nothing is stronger than an idea whose time has come, then people in more and more countries are likely to start getting free pay cheques every month from governments. It’s called universal basic income (UBI) – an old notion of state welfare that has been rediscovered in the increasingly anxious West to counter joblessness and automation. After a failed start with a Swiss referendum last year (result: no), several European counties are starting pilot projects to deliver to all citizens a nominal amount of money not tied to any conditions or any health or pension scheme. Just plain free money. 
 
 
Pilot projects in some villages of Madhya Pradesh found UBI making a big difference. The projects were launched in 2011, funded by Unicef. Implementation and coordination was by SEWA Bharat. 
 
 
Also read interview with Renana Jhabvala, SEWA Bharat: “Basic income should have maximum inclusion”
 
 
An IIT-Bombay study says that air pollution caused 48,651 deaths in Delhi in 2015, more than doubling from about 20,000 in 1995. Such deaths are a worldwide occurrence. The WHO estimated that outdoor air pollution in cities and rural areas caused 3 million premature deaths in 2012. Of these, 72 percent died of ischaemic heart disease or stroke, 14 percent of chronic obstructive pulmonary disease or lower respiratory tract infection, and 14 percent of lung cancer. Death is literally in the air.
 
 
Flush with funds after demonetisation, State Bank of India has trimmed its lending rate to revive credit demand. In an interview with Governance Now, Rajnish Kumar, managing director (national  banking group), SBI, explains how the bank plans to steer its way now.
 

 

Comments

 

Other News

Terrorising the terrorists

One year has passed since the Modi regime applied shock therapy to improve the functioning of the Indian economy through demonetisation on November 8, 2016. Thus, legal tender to rupee notes worth 1,000 and 500 denominations was withdrawn and 86 percent of the currency went out of circulation. It was claim

J&K to get additional electricity during winters

In a bid to meet the increase in electricity demand of Jammu & Kashmir during the winters, the centre has decided to allocate an additional 792 Megawatts to the state. The allocation of power to J&K from central generating stations (CGS) is 2,397 MW. The supply would be given by powe

IOCL, IDCO ink pact to set up plastic park at Paradip

Minister for petroleum and natural gas, skill development & entrepreneurship Dharmendra Pradhan has lauded the state run Indian Oil Corporation and IDCO (Industrial Development Corporation of Odisha) for signing a pact to establish a plastic park at Paradip in Odisha. Pradhan was speakin

RBI mulls whether to shift loan pricing system to external benchmark

An efficient monetary transmission is a sine qua non for the successful pursuit of its objectives by any central bank. Over the past two decades, it has been the endeavour of the Reserve Bank of India to strengthen the monetary transmission process, but these efforts have yet not yielded the desired result

Govt okays deputation of group A officers to TCIL

 The cabinet has approved the proposal for deputation of group A officers of department of telecommunications (DoT) and other ministries with telecommunication and information technology background to Telecommunications Consultants India Ltd. (TCIL). TCIL, a Miniratna PSU, is a premier telec

Indians want more military force in Kashmir: Pew

When it comes to dealing with the disputed border regions of Jammu and Kashmir, the Indian public favours an aggressive stance, said the Pew Research Center, a US based think-tank. A 63% majority believes the government should be using more military force. Few say India should use less force



Video

Gujrat election – 70 candidates in BJP’s first list

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter