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In May 1795, English magistrates met at the Pelican Inn in Speenhamland, Berkshire. With food prices rising and the French Revolution unsettling the English establishment, they decided to top up agricultural wages from parish funds, linking payouts to bread prices and family size. Hungarian economic historian Karl Polanyi later saw this as an early assertion…
Union Finance Minister Nirmala Sitharaman presents the Interim Budget 2024 in the Lok Sabha, at Parliament House in New Delhi, Thursday, Feb. 1, 2024. | Photo Credit: PTI Direct Benefit Transfers (DBTs) through Jan Dhan accounts, totalling up to Rs 34 lakh crore, have translated into savings of Rs 2.7 lakh crore for the government,…