-TheWire.in Presenting a budget, especially in the midst of an economic crisis, is an opportunity to communicate a government's vision for the country. This budget fails to do that and seems to be completely disconnected from ground realities. It seems as if the Union finance minister, this year, took the idea of a paperless budget so literally that she has attempted to find digital solutions to most of the country’s problems. The ‘Amrit...
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A betrayal of the social sector when it needs help -Dipa Sinha
-The Hindu The government seems to have prioritised meeting its fiscal deficit targets rather than using this opportunity to signal a path of employment-centred and inclusive growth India continues to rank poorly in various global indices that reflect the quality of life, human capital or human development in the country, such as the Human Development Index (rank 131 out of 189 countries) and the Global Hunger Index (rank 101 out of 116...
More »MGNREGA demand dropped from June 2020 peak, but still higher than pre-COVID: Eco Survey -Priscilla Jebaraj
-The Hindu High demand in migrant destination States, not source States: it says Demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme has dropped from the peak of the first lockdown, but is still higher than pre-COVID levels, the Department of Economic Affairs said in its annual Economic Survey, noting that this is “an indicator of rural labour markets”. However, it cautioned against drawing conclusions about the movement...
More »Two lakh anganwadis to be upgraded -Jagriti Chandra
-The Hindu Allocation for anganwadis sees negligible increase of 0.7% Two lakh anganwadis will be upgraded in the country, Finance Minister Nirmala Sitharaman said in her Budget speech on Tuesday. In last year’s Budget, the government had renamed a few schemes and categorised them under ‘Saksham Anganwadi and Poshan 2.0’. Though the government is yet to share the detailed of the renamed scheme, on Tuesday the Finance Minister said this would include “new...
More »A hazy picture on employment in India -Ramesh Chand and Jaspal Singh
-The Hindu The trends in employment have not shown any clear and consistent patterns over the years The two important indicators of structural transformation in any economy are rates of growth and changes in the structural composition of output and the workforce. India has experienced fairly consistent changes in the first indicator, especially after the 1991 reforms, but the trend in employment has not revealed any consistent or clear pattern. The growth rate...
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