-The Telegraph The Nobel laureate economist described 'India as a poster child of what not to do' Nobel laureate economist Joseph Stiglitz made a strong case for spending money to combat the long-term economic damage of the pandemic, saying that India would be well advised to focus on containing the contagion as the economic aftermath cannot be tackled without tackling the pandemic. Bracketing India with Brazil and the United States for its “utter...
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A fiscal crisis: Why FCI needs provisioning in food subsidy budget -Sandip Das
-Down to Earth Mounting expenses, under-provisioning of food subsidy budget leading to a huge debt is highly worrisome A fiscal crisis has been brewing in the last few years. Mounting food subsidy arrears — payable to the Food Corporation of India (FCI) due to ‘under-provisioning’ of food subsidy expenses in successive union budgets — has forced FCI to take loans to finance its operations. FCI is the central agency that manages procurement, storage...
More »India's Small Schools are Failing to Provide Equal Education to Rural Children -Tanoj Meshram
-News18.com The new National Education Policy 2020 (NEP 2020 hereafter) has rekindled the debate on the various kinds of problems in Indian education. One of the problems which has bothered me is the need for reforms in rural government elementary schools, more specifically the need for addressing the problem of sub-optimal schooling experiences and Poor learning outcomes of Poor rural children. The Annual Status of Education Report (ASER) 2014 brought out...
More »Workers returning to Delhi post-lockdown stare at joblessness -Ashok Kumar Soibam and Rocky Singh
-The Hindu Several workers returning to Gurugram and Delhi from their home towns after the lockdown discover their employers have already filled their positions Vijay Mishra, a chhole-Poori vendor on Jharsa Road in Gurugram, is the odd man out among a row of fruit sellers. The 38-year-old makes ₹200-₹300 daily, not even half of what he used to earn at his job in Maruti Suzuki India Limited before the lockdown. Like thousands of...
More »Time poverty is making Indian women lose more money than ever -Jayati Ghosh
-ThePrint.in In ‘Labouring women’, economist Jayati Ghosh writes about what Indian policymakers are getting wrong in their measure of poverty. Among the various aspects of deprivation related to poverty and inequality, one aspect which has seldom attracted the attention of scholars and policy-makers equally is that of time poverty. Ignoring this important dimension actually results from a related and possibly more substantive deficiency: the inadequate conception of what constitutes work that underlies...
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