-TheIndiaForum.in The Periodic Labour Force Survey for 2019-20 has thrown up some unusual and contradictory patterns in employment and unemployment. However, the trends in the labour market over three years of the PLFS from 2017-18 onwards are clear and cause for worry. The pandemic has had a disastrous impact on lives and livelihoods. The national lockdown of March–May 2020 will be remembered for its devastating neglect of migrant workers and the unprecedented,...
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Utter Disgrace! Modi Sarkar Refuses Hike in Rs 200 Monthly Old Age Pension -Prabhat Patnaik
-Newsclick.in The government’s brazen class bias is crystal clear, as it gives away national Assets built with public money to its favourite capitalists, together with tax breaks. Junior Minister for Rural Development in the Central government, Sadhvi Niranjan Jyoti, ruled out in Parliament any increase in the amount of monthly pension given by the Centre to the elderly under the National Social Assistance Programme (NSAP). The amount currently being given to each...
More »Modi govt’s monetisation scheme is nothing but a scam being paraded as a plan, cleverly camouflaged in jargon -CP Chandrasekhar
-National Herald It is a scheme to engineer a transfer of income and wealth to those at the apex of the wealth pyramid. It is just a way to hand over wealth created with public money over decades to corporates Camouflaged In jargon that speaks of ‘monetisation of de-risked Assets’, the BJP-led NDA government has announced its plan to sell out India’s public sector. In that plan, Assets ranging from roads, ports,...
More »Centre to farm out Assets to private sector to raise Rs 6 lakh cr
-The Telegraph Roads and railway Assets will unlock the greatest value with the estimates put at Rs 1.62 lakh crore and Rs 1.52 lakh crore, respectively The Narendra Modi government plans to farm out a vast trove of Assets to the private sector over the next four years to raise Rs 6 lakh crore through an elaborate asset monetisation exercise. “This is not a fire sale of government Assets,” Niti Aayog vice-chairman Rajiv...
More »A cycle of low growth, higher inflation -Anand Srinivasan
-The Hindu Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery In recent times, right-leaning economists have been arguing that the Government does not need to do anything with the economy and that it will revive by itself. They call those who disagree with them, doomsday merchants. These economists reason that, like after the Great Depression, the economy rebounded worldwide, and so will...
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