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Healthcare needs a reform, spending boost -Shikha Dahiya and Aditi Pathak

-The Hindu Business Line Large inter-State variations in funding, shortcomings in quality of care and neglect of urban health continue to haunt the sector Since Independence, India has made some notable gains on the health front. For instance, life expectancy at birth has increased, infant mortality and crude death rates have fallen steeply, diseases such as smallpox, polio and guinea worm have been eradicated, and leprosy is on the verge of getting...

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Govt’s April Fool’s joke on small savings schemes would have hurt the economy -Vivek Kaul

-Livemint.com * Trying to project lower interest rates as a panacea for everything isn’t the right way to go about it. The central government just played an April Fool’s joke on a large section of India’s middle class, which invests in small savings schemes. Late Wednesday evening, the government announced a substantial cut in interest rates on small savings schemes for the three months to June. The interest rates on Senior Citizen Savings Scheme...

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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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What India’s farm crisis really needs -Christophe Jaffrelot and Hemal Thakker

-The Indian Express To solve India’s deep agrarian crisis, more public investment and government support are needed, not the new farm laws The farmers’ movement invites us to revisit the trajectory of India’s agriculture so as to understand its real problems. Beginning in the mid-1960s, India and, especially, Punjab experienced a massive productivity boom as a result of widespread adoption of Green Revolution technologies. This transition was driven by public investment in...

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Women's Day: UNDP bats for temporary basic income to combat COVID-19 -Madhumita Paul

-Down to Earth Monthly investment of 0.07-0.31% of a developing countries’ GDP can provide financial security to 613 million working-age women living in poverty A temporary basic income (TBI) for poor women in developing countries can help millions of them cope with the effects of the novel coronavirus disease (COVID-19) pandemic, according to United Nations Development Programme (UNDP) findings released on March 4, 2021 ahead of International Working Women’s Day.   The large-scale...

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