Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Desperate economic situation calls for immediate boost to government expenditure -Prabhat Patnaik    </title>
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Universal cash transfer to non-income tax households is imperative apart from covering investment on infrastructure, including social infrastructure like healthcare

A striking aspect of the 24 per cent decline in GDP in the first quarter of 2020-21 compared to the..."/>
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                            <p style="text-align:justify">-National Herald</p><p style="text-align:justify"><em>Universal cash transfer to non-income tax households is imperative apart from covering investment on infrastructure, including social infrastructure like healthcare</em></p><p style="text-align:justify">A striking aspect of the 24 per cent decline in GDP in the first quarter of 2020-21 compared to the previous year&rsquo;s first quarter is the decline by 10.3 per cent in public administration, defence and other public services. This is a sector where the GDP is estimated not by the &ldquo;output&rdquo; of the sector but by the government expenditure incurred under these heads. The decline in the GDP originating in this sector therefore means a decline in public expenditure.</p><p style="text-align:justify">This is surprising for two reasons: first, it shows that government expenditure, instead of being &ldquo;counter-contractionary&rdquo; has been &ldquo;pro-contractionary&rdquo;; second, during the lockdown caused by the pandemic one would expect government spending on healthcare to go up, and thereby raise the overall government expenditure, instead of the fall we actually observe.</p><p style="text-align:justify">When there is a lockdown, and output contracts, it is incumbent on the government to increase its expenditure. The rise in expenditure reduces the degree of contraction; and it puts purchasing power in the hands of people, so that many of them can maintain their consumption without getting into debt. Even if the government is timid enough not to increase its expenditure, at least it must maintain its expenditure to limit the contraction in GDP; but a fall in government expenditure during the period of a lockdown, which accentuates the overall contraction, is just the opposite of what the government should have done.</p><p style="text-align:justify">Please <a href="https://www.nationalheraldindia.com/india/desperate-economic-situation-needs-immediate-boost-to-government-expenditure?fbclid=IwAR0vvBkDuOuRCoyPaqg2QGVnzmcLVwsyGh2PegtDQMDOFVnLL8KLdLKQNYA" title="https://www.nationalheraldindia.com/india/desperate-economic-situation-needs-immediate-boost-to-government-expenditure?fbclid=IwAR0vvBkDuOuRCoyPaqg2QGVnzmcLVwsyGh2PegtDQMDOFVnLL8KLdLKQNYA">click here</a> to read more.</p>                                                           
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    <h1 class="cat-box-title">Desperate economic situation calls for immediate boost to government expenditure -Prabhat Patnaik</h1>
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                            <p style="text-align:justify">-National Herald</p><p style="text-align:justify"><em>Universal cash transfer to non-income tax households is imperative apart from covering investment on infrastructure, including social infrastructure like healthcare</em></p><p style="text-align:justify">A striking aspect of the 24 per cent decline in GDP in the first quarter of 2020-21 compared to the previous year&rsquo;s first quarter is the decline by 10.3 per cent in public administration, defence and other public services. This is a sector where the GDP is estimated not by the &ldquo;output&rdquo; of the sector but by the government expenditure incurred under these heads. The decline in the GDP originating in this sector therefore means a decline in public expenditure.</p><p style="text-align:justify">This is surprising for two reasons: first, it shows that government expenditure, instead of being &ldquo;counter-contractionary&rdquo; has been &ldquo;pro-contractionary&rdquo;; second, during the lockdown caused by the pandemic one would expect government spending on healthcare to go up, and thereby raise the overall government expenditure, instead of the fall we actually observe.</p><p style="text-align:justify">When there is a lockdown, and output contracts, it is incumbent on the government to increase its expenditure. The rise in expenditure reduces the degree of contraction; and it puts purchasing power in the hands of people, so that many of them can maintain their consumption without getting into debt. Even if the government is timid enough not to increase its expenditure, at least it must maintain its expenditure to limit the contraction in GDP; but a fall in government expenditure during the period of a lockdown, which accentuates the overall contraction, is just the opposite of what the government should have done.</p><p style="text-align:justify">Please <a href="https://www.nationalheraldindia.com/india/desperate-economic-situation-needs-immediate-boost-to-government-expenditure?fbclid=IwAR0vvBkDuOuRCoyPaqg2QGVnzmcLVwsyGh2PegtDQMDOFVnLL8KLdLKQNYA" title="https://www.nationalheraldindia.com/india/desperate-economic-situation-needs-immediate-boost-to-government-expenditure?fbclid=IwAR0vvBkDuOuRCoyPaqg2QGVnzmcLVwsyGh2PegtDQMDOFVnLL8KLdLKQNYA">click here</a> to read more.</p>                                                           
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    <br><a href="https://www.nationalheraldindia.com/india/desperate-economic-situation-needs-immediate-boost-to-government-expenditure?fbclid=IwAR0vvBkDuOuRCoyPaqg2QGVnzmcLVwsyGh2PegtDQMDOFVnLL8KLdLKQNYA" class="re" target="_blank">National Herald, 18 September, 2020, https://www.nationalheraldindia.com/india/desperate-economic-situation-needs-immediate-boost-to-government-expenditure?fbclid=IwAR0vvBkDuOuRCoyPaqg2QGVnzmcLVwsyGh2PegtDQMDOFVnLL8KLdLKQNYA</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Desperate economic situation calls for immediate boost to government expenditure -Prabhat Patnaik    </title>
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    <h1 class="cat-box-title">Desperate economic situation calls for immediate boost to government expenditure -Prabhat Patnaik</h1>
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                            <p style="text-align:justify">-National Herald</p><p style="text-align:justify"><em>Universal cash transfer to non-income tax households is imperative apart from covering investment on infrastructure, including social infrastructure like healthcare</em></p><p style="text-align:justify">A striking aspect of the 24 per cent decline in GDP in the first quarter of 2020-21 compared to the previous year&rsquo;s first quarter is the decline by 10.3 per cent in public administration, defence and other public services. This is a sector where the GDP is estimated not by the &ldquo;output&rdquo; of the sector but by the government expenditure incurred under these heads. The decline in the GDP originating in this sector therefore means a decline in public expenditure.</p><p style="text-align:justify">This is surprising for two reasons: first, it shows that government expenditure, instead of being &ldquo;counter-contractionary&rdquo; has been &ldquo;pro-contractionary&rdquo;; second, during the lockdown caused by the pandemic one would expect government spending on healthcare to go up, and thereby raise the overall government expenditure, instead of the fall we actually observe.</p><p style="text-align:justify">When there is a lockdown, and output contracts, it is incumbent on the government to increase its expenditure. The rise in expenditure reduces the degree of contraction; and it puts purchasing power in the hands of people, so that many of them can maintain their consumption without getting into debt. Even if the government is timid enough not to increase its expenditure, at least it must maintain its expenditure to limit the contraction in GDP; but a fall in government expenditure during the period of a lockdown, which accentuates the overall contraction, is just the opposite of what the government should have done.</p><p style="text-align:justify">Please <a href="https://www.nationalheraldindia.com/india/desperate-economic-situation-needs-immediate-boost-to-government-expenditure?fbclid=IwAR0vvBkDuOuRCoyPaqg2QGVnzmcLVwsyGh2PegtDQMDOFVnLL8KLdLKQNYA" title="https://www.nationalheraldindia.com/india/desperate-economic-situation-needs-immediate-boost-to-government-expenditure?fbclid=IwAR0vvBkDuOuRCoyPaqg2QGVnzmcLVwsyGh2PegtDQMDOFVnLL8KLdLKQNYA">click here</a> to read more.</p>                                                           
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    <br><a href="https://www.nationalheraldindia.com/india/desperate-economic-situation-needs-immediate-boost-to-government-expenditure?fbclid=IwAR0vvBkDuOuRCoyPaqg2QGVnzmcLVwsyGh2PegtDQMDOFVnLL8KLdLKQNYA" class="re" target="_blank">National Herald, 18 September, 2020, https://www.nationalheraldindia.com/india/desperate-economic-situation-needs-immediate-boost-to-government-expenditure?fbclid=IwAR0vvBkDuOuRCoyPaqg2QGVnzmcLVwsyGh2PegtDQMDOFVnLL8KLdLKQNYA</a><div class="clear"></div>
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Desperate economic situation calls for immediate boost to government expenditure -Prabhat Patnaik

Published on Sep 18, 2020   Modified on Sep 22, 2020

-National Herald Universal cash transfer to non-income tax households is imperative apart from covering investment on infrastructure, including social infrastructure like healthcare A striking aspect of the 24 per cent decline in GDP in the first quarter of 2020-21 compared to the previous year’s first quarter is the decline by 10.3 per cent in public administration, defence and other public services. This is a sector where the GDP is estimated not by the “output” of the sector but by the government expenditure incurred under these heads. The decline in the GDP originating in this sector therefore means a decline in public expenditure. This is surprising for two reasons: first, it shows that government expenditure, instead of being “counter-contractionary” has been “pro-contractionary”; second, during the lockdown caused by the pandemic one would expect government spending on healthcare to go up, and thereby raise the overall government expenditure, instead of the fall we actually observe. When there is a lockdown, and output contracts, it is incumbent on the government to increase its expenditure. The rise in expenditure reduces the degree of contraction; and it puts purchasing power in the hands of people, so that many of them can maintain their consumption without getting into debt. Even if the government is timid enough not to increase its expenditure, at least it must maintain its expenditure to limit the contraction in GDP; but a fall in government expenditure during the period of a lockdown, which accentuates the overall contraction, is just the opposite of what the government should have done. Please click here to read more.

National Herald, 18 September, 2020, https://www.nationalheraldindia.com/india/desperate-economic-situation-needs-immediate-boost-to-government-expenditure?fbclid=IwAR0vvBkDuOuRCoyPaqg2QGVnzmcLVwsyGh2PegtDQMDOFVnLL8KLdLKQNYA

Tagged with: GDP Growth Economic Growth Lockdown Fiscal Stimulus MGNREGS MGNREGA

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