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\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\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 | The need for ‘maximum government’ -Rohit Azad    </title>
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The current crisis has provided us with an opportunity to rethink our health, economic and climate policies

In the new set of relief measures announced by the Finance Minister, job creation has moved to the forefront. This shows that the..."/>
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The current crisis has provided us with an opportunity to rethink our health, economic and climate policies

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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>The current crisis has provided us with an opportunity to rethink our health, economic and climate policies</em></p><p style="text-align:justify">In the new set of relief measures announced by the Finance Minister, job creation has moved to the forefront. This shows that the government has finally accepted that the unemployment rates are very high, a fact it has so far been suppressing or dismissing. This is a welcome change given its usual ostrich-like behaviour when it comes to hard economic facts. But recognising a problem is only the first step towards solving it. What hasn&rsquo;t changed, to our dismay, is the government&rsquo;s core belief in &lsquo;minimum government&rsquo;, which ties its hands when it comes to fiscal measures even in such harsh economic conditions, created to a great extent by its own lack of governance during the COVID-induced lockdown. As a result of that lockdown, Indians got both a COVID-19-induced health crisis and, in an attempt to control it, a severe economic crisis.</p><p style="text-align:justify"><em>The ball is in the people&rsquo;s court</em></p><p style="text-align:justify">If you look at these relief measures, announced in three tranches &mdash; Atmanirbhar 1.0, 2.0 and 3.0 &mdash; what the government seems to be saying to the people and businesses is: &lsquo;if you do this, we will award you with this and this&rsquo;. The ball is being put in the court of those who are suffering instead of the government taking the responsibility of steering the economy out of this turmoil. Take Atmanirbhar 1.0, for example. Out of the 20.9 lakh crore package, 17.9 lakh crore worth of measures were below-the-line ones, such as credit guarantees and liquidity easing. Things are not very different in the other two tranches as well. These measures are made on the assumption that they will induce the business sector to start the virtuous cycle of investment and induce households to increase consumption despite evidence to the contrary.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/the-need-for-maximum-government/article33127477.ece?homepage=true" title="https://www.thehindu.com/opinion/op-ed/the-need-for-maximum-government/article33127477.ece?homepage=true">click here</a> to read more.</p><p style="text-align:justify">&nbsp;</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/op-ed/the-need-for-maximum-government/article33127477.ece?homepage=true" class="re" target="_blank">The Hindu, 19 November, 2020, https://www.thehindu.com/opinion/op-ed/the-need-for-maximum-government/article33127477.ece?homepage=true</a><div class="clear"></div>
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    <h1 class="cat-box-title">The need for ‘maximum government’ -Rohit Azad</h1>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>The current crisis has provided us with an opportunity to rethink our health, economic and climate policies</em></p><p style="text-align:justify">In the new set of relief measures announced by the Finance Minister, job creation has moved to the forefront. This shows that the government has finally accepted that the unemployment rates are very high, a fact it has so far been suppressing or dismissing. This is a welcome change given its usual ostrich-like behaviour when it comes to hard economic facts. But recognising a problem is only the first step towards solving it. What hasn&rsquo;t changed, to our dismay, is the government&rsquo;s core belief in &lsquo;minimum government&rsquo;, which ties its hands when it comes to fiscal measures even in such harsh economic conditions, created to a great extent by its own lack of governance during the COVID-induced lockdown. As a result of that lockdown, Indians got both a COVID-19-induced health crisis and, in an attempt to control it, a severe economic crisis.</p><p style="text-align:justify"><em>The ball is in the people&rsquo;s court</em></p><p style="text-align:justify">If you look at these relief measures, announced in three tranches &mdash; Atmanirbhar 1.0, 2.0 and 3.0 &mdash; what the government seems to be saying to the people and businesses is: &lsquo;if you do this, we will award you with this and this&rsquo;. The ball is being put in the court of those who are suffering instead of the government taking the responsibility of steering the economy out of this turmoil. Take Atmanirbhar 1.0, for example. Out of the 20.9 lakh crore package, 17.9 lakh crore worth of measures were below-the-line ones, such as credit guarantees and liquidity easing. Things are not very different in the other two tranches as well. These measures are made on the assumption that they will induce the business sector to start the virtuous cycle of investment and induce households to increase consumption despite evidence to the contrary.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/the-need-for-maximum-government/article33127477.ece?homepage=true" title="https://www.thehindu.com/opinion/op-ed/the-need-for-maximum-government/article33127477.ece?homepage=true">click here</a> to read more.</p><p style="text-align:justify">&nbsp;</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/op-ed/the-need-for-maximum-government/article33127477.ece?homepage=true" class="re" target="_blank">The Hindu, 19 November, 2020, https://www.thehindu.com/opinion/op-ed/the-need-for-maximum-government/article33127477.ece?homepage=true</a><div class="clear"></div>
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    <h1 class="cat-box-title">The need for ‘maximum government’ -Rohit Azad</h1>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>The current crisis has provided us with an opportunity to rethink our health, economic and climate policies</em></p><p style="text-align:justify">In the new set of relief measures announced by the Finance Minister, job creation has moved to the forefront. This shows that the government has finally accepted that the unemployment rates are very high, a fact it has so far been suppressing or dismissing. This is a welcome change given its usual ostrich-like behaviour when it comes to hard economic facts. But recognising a problem is only the first step towards solving it. What hasn&rsquo;t changed, to our dismay, is the government&rsquo;s core belief in &lsquo;minimum government&rsquo;, which ties its hands when it comes to fiscal measures even in such harsh economic conditions, created to a great extent by its own lack of governance during the COVID-induced lockdown. As a result of that lockdown, Indians got both a COVID-19-induced health crisis and, in an attempt to control it, a severe economic crisis.</p><p style="text-align:justify"><em>The ball is in the people&rsquo;s court</em></p><p style="text-align:justify">If you look at these relief measures, announced in three tranches &mdash; Atmanirbhar 1.0, 2.0 and 3.0 &mdash; what the government seems to be saying to the people and businesses is: &lsquo;if you do this, we will award you with this and this&rsquo;. The ball is being put in the court of those who are suffering instead of the government taking the responsibility of steering the economy out of this turmoil. Take Atmanirbhar 1.0, for example. Out of the 20.9 lakh crore package, 17.9 lakh crore worth of measures were below-the-line ones, such as credit guarantees and liquidity easing. Things are not very different in the other two tranches as well. These measures are made on the assumption that they will induce the business sector to start the virtuous cycle of investment and induce households to increase consumption despite evidence to the contrary.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/the-need-for-maximum-government/article33127477.ece?homepage=true" title="https://www.thehindu.com/opinion/op-ed/the-need-for-maximum-government/article33127477.ece?homepage=true">click here</a> to read more.</p><p style="text-align:justify">&nbsp;</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/op-ed/the-need-for-maximum-government/article33127477.ece?homepage=true" class="re" target="_blank">The Hindu, 19 November, 2020, https://www.thehindu.com/opinion/op-ed/the-need-for-maximum-government/article33127477.ece?homepage=true</a><div class="clear"></div>
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Home हिन्दी

The need for ‘maximum government’ -Rohit Azad

Published on Nov 19, 2020   Modified on Nov 19, 2020

-The Hindu The current crisis has provided us with an opportunity to rethink our health, economic and climate policies In the new set of relief measures announced by the Finance Minister, job creation has moved to the forefront. This shows that the government has finally accepted that the unemployment rates are very high, a fact it has so far been suppressing or dismissing. This is a welcome change given its usual ostrich-like behaviour when it comes to hard economic facts. But recognising a problem is only the first step towards solving it. What hasn’t changed, to our dismay, is the government’s core belief in ‘minimum government’, which ties its hands when it comes to fiscal measures even in such harsh economic conditions, created to a great extent by its own lack of governance during the COVID-induced lockdown. As a result of that lockdown, Indians got both a COVID-19-induced health crisis and, in an attempt to control it, a severe economic crisis. The ball is in the people’s court If you look at these relief measures, announced in three tranches — Atmanirbhar 1.0, 2.0 and 3.0 — what the government seems to be saying to the people and businesses is: ‘if you do this, we will award you with this and this’. The ball is being put in the court of those who are suffering instead of the government taking the responsibility of steering the economy out of this turmoil. Take Atmanirbhar 1.0, for example. Out of the 20.9 lakh crore package, 17.9 lakh crore worth of measures were below-the-line ones, such as credit guarantees and liquidity easing. Things are not very different in the other two tranches as well. These measures are made on the assumption that they will induce the business sector to start the virtuous cycle of investment and induce households to increase consumption despite evidence to the contrary. Please click here to read more.

The Hindu, 19 November, 2020, https://www.thehindu.com/opinion/op-ed/the-need-for-maximum-government/article33127477.ece?homepage=true

Tagged with: Atmanirbhar Bharat Atmanirbhar Bharat Package Economic Recession Investment to GDP Ratio Joblessness MSMEs Unemployment Climate Change Fiscal Stimulus

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