Page 65 - Development Research News Today

Freebies are never 'free' and when political parties offer such schemes, they must be required to make the financing and trade-offs clear to voters, RBI Monetary Policy Committee (MPC) Member Ashima Goyal said on Sunday, adding this would reduce the temptation towards "competitive populism".

RBI Monetary Policy Committee (MPC) Member Ashima Goyal said that freebies are never 'free' and when political parties offer such schemes, they must be required to make the financing and trade-offs clear to voters.

Ashima Goyal, a member of the RBI Monetary Policy Committee (MPC), stated on Sunday that freebies are never truly 'free' and that political parties should be compelled to disclose the financing and trade-offs of such schemes to voters in order to avoid encouraging 'competitive populism.' Goyal added that when governments offer freebies, a cost is incurred somewhere, but that cost is worthwhile to bear for public goods and services that increase capacity. Freebies are never tr...

Freebies are never truly "free" and trade-offs of such programs to voters in order to avoid encouraging "competitive populism."

Using both rounds of the India Human Development Survey, vulnerability is measured as an ex ante measure of poverty for the Indian households. This article highlights the importance of measuring vulnerability in the overall poverty calculation and found it to be a significant predictor of the future poverty.

Get latest articles and stories on Business at LatestLY. Though inflation has moderated and plateaued since its recent peak of April 2022, it remains unacceptably and uncomfortably high, Reserve Bank of India (RBI) Governor Shaktikanta Das said in his intervention during the Monetary Policy Committee Meeting held August 3-5, as per the minutes of the meeting released on Friday. Business News | Inflation Remains Unacceptably and Uncomfortably High: RBI Governor at MPC Meeting.

More multinational energy giants are announcing plans to invest in China's energy sector as a result of its rapidly growing momentum and huge potential, industry experts said.

China should make full use of coal as a supportive part of its energy strategy as it bids to balance energy security with longer-term climate goals, according to the Report on China Electric Power Development 2022, recently released by the China Electric Power Planning and Engineering Institute.

Gaw Capital Partners is increasing investments in Japan to as much as $4 billion in the next two years to leverage a weakening yen.

On Wednesday evening, Munaf Khan was sitting idle at his cash box in the clothing shop in the New Market area amid the emphatic sound of generators after the electricity went off since there were no customers.