-Scroll.in A drop in household savings has caused concern about economic recovery in the country. On Wednesday, the Reserve Bank of India released data on household savings for the third quarter of 2020-’21. This covered the October-December 2020 period, which means the data captured the aftermath of first Covid-19 wave in India and the economic disruptions that containment measures such as lockdowns caused. The numbers are disappointing with a sharp dip in the...
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India’s investment in research unsatisfactory: UNESCO report -Tiki Rajwi
-The Hindu Gross domestic expenditure on research has stayed at 0.7% of the GDP for years While India has made ‘solid progress’ towards the Sustainable Development Goal (SDG) targets concerning industry, infrastructure and innovation, the country’s investment in research remains unsatisfactory, the UNESCO Science Report has observed. The gross domestic expenditure on research (GERD) has been stagnant at 0.7% of the GDP for years, although, in absolute terms, research expenditure has increased, the...
More »South Asia’s healthcare burden -Syed Munir Khasru
-The Hindu Despite the debilitating pandemic, state investment in the health sector remains deeply inadequate. On May 18 this year, India recorded 4,529 deaths from COVID-19, the highest daily death toll recorded in the world after the United States in January saw 4,468 deaths. As India combats the pandemic, its neighbours are experiencing spillover from the menacing second wave. The virus has swept through Nepal, while Sri Lanka added as many as...
More »A fatal war on transparency -Aniket Aga and Chitrangada Choudhury
-The Hindu Official secrecy on pandemic policies aggravates a crisis In August 2020, the Modi government constituted the National Expert Group on Vaccine Administration for COVID-19 (NEGVAC) as a nodal agency on all matters related to vaccine administration and rollout. Asked under the Right to Information (RTI) Act for details of the NEGVAC’s meetings, the Health Ministry, which anchors the expert group, replied that it does not know where the concerned documents...
More »The Proposal for a Minimum Global Corporate Tax Rate -Prabhat Patnaik
-NetworkIdeas.org Following its $1.9 trillion Covid-relief package, the Biden administration has further announced an infrastructure package of $2.3 trillion. But in contrast to the former which is to be spent within months, the latter is to be spent over an eight-year period. And this package in turn is to be followed by a “human infrastructure” package. All this adds up to a massive stimulus for the economy as well as a...
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