-The Hindu Keynesian economics offers guidelines for preparing the Budget The Great Depression wrecked the economies of the U.S. and Europe. In the words of Jonathan Alter, when Franklin Roosevelt became the American President in 1933, he was told: “Mr. President, if your programme succeeds you would be the greatest President in American history. If it fails, you will be the worst one”. Roosevelt replied: “If it fails, I will be the...

-TheWire.in Ideally, the government should increase the work entitlement for MGNREGA to at least 150 days, double the budget and put in place an urban employment guarantee act. Let’s start with those who did well over the last 10 months. The Sensex index crossed the 50,000 benchmark for the first time on January 21, 2021, with a whopping 70% increase since April 2020. The Oxfam inequality report, just released, gives an idea of...

-TheWire.in The most important concern is that of increasing public spending. There are really only two numbers to look out for in the forthcoming budget: how much did the government claim to have spent in 2020-21, and how much does it intend to spend in 2021-22. These two numbers will determine whether there is any real hope of sustained macroeconomic recovery in the near future, notwithstanding any claims of green shoots or revival...

-The Indian Express Raising the diet of our people from subsistence level to higher levels of nourishment by overcoming the triple deficit is the only way to improve the nutritional indicators of our population — amongst children, adolescents and adults. It is nearly a month since the first phase of the NFHS-5 survey was published. While we await a response from the government or any policy-making authority, several articles by public health/policy...

-Newsclick.in While Covid-19 affected all areas of life, it was access to healthcare where it had the maximum effect. So inpatient admissions, outpatient care or operations saw declines of up to 40%. Declines were also seen in deliveries, antenatal care and immunisation of children. States with a large private health sector also suffered as charges were increased substantially so that profits remained unaffected. So the message is clear–give adequate budgetary allocations...