-Business Standard Oxfam India's inequality report draws attention to the county's unequal healthcare story hit further by Covid-19 When it comes to healthcare, people in general category are better off than Scheduled Castes (SC) and Scheduled Tribes (ST) households; Hindus are better off than Muslims; the rich do better than the poor; men are better off than women; and the urban population fares better than the rural. These are the findings of Oxfam...
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Banks turn cautious on student loans -Sangeetha Kandavel and Sanjay Vijayakumar
-The Hindu There has been sharp rise in the NPAs amid COVID-19 pandemic With unemployment rising, the ability of those who have taken education loans to pay back has come down sharply. As a result, the non-performing assets (NPAs) have increased in the last one-and-a-half years. R. Nagarajan had taken a loan for his engineering course and started repaying it when he got a job at a start-up in the second half of...
More »Calculating the benefits of lockdowns -Dipankar Dasgupta
-The Hindu Lockdowns need to be guided by trade-offs between harsh and mild policies Data show that as of now 26.2% of the world population has received at least one dose of a COVID-19 vaccine. Of them, only 1% live in low-income countries. By contrast, the richer nations, such as the U.S., Canada, Germany and Britain, registered above 50% vaccination by July 17. For India, the percentage of the adult population that...
More »Centre's tax revenues grew despite stringent lockdown on the back of excise duties
-The Hindu Shift in tax burden comes at a time when pandemic has led to many job losses and reduced income levels In FY21, despite a stringent lockdown and a raging COVID-19 first wave, the gross tax revenue collected by the Centre increased over FY20. However, the increase was made possible by a sharp rise in contributions from union excise duties. This compensated for the sharp drop in the share of corporate...
More »India must halt mass eviction that threatens to leave 100,000 homeless – UN experts
-Press release by United Nations Human Rights Office of the High Commissioner GENEVA (16 July 2021): UN human rights experts* today called on India to halt evictions of some 100,000 people – including 20,000 children – that began this week in the midst of monsoon rains. Demolition of homes began on Wednesday, 14 July, in a village in Haryana State built on protected forest land, even though the forest was actually destroyed...
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