-The Hindu ‘Allocation to job-intensive sectors cut’ “Every single number in the Budget is a lie,” Jayati Ghosh, Professor of Economics at Jawaharlal Nehru University (JNU), said in Mumbai on Sunday of the Union Budget. India’s current slowdown is worse than that of 1991 and 2008, and the Budget has cut allocations to all employment-intensive sectors, further adding to the mess, said Ms. Ghosh, one of the world’s leading development economists. “All the...
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An SOS from Bharat's poorest citizens -Sayantan Bera
-Livemint.com * The budget barely increased funding to social welfare schemes at a time India’s poorest desperately need succour * At the beginning of every financial year, social schemes start with arrears, leading to delayed payments. To break this vicious cycle, funding needs to be increased MUZAFFARPUR (BIHAR): "Dena hi padega BDO, dena hi padega Har haath ko kaam aapko, dena hi padega." (You have to, oh BDO, you have to You have to give work...
More »Farm suicides: Under-reported realities of Indian women farmers -Shilpa Shaji
-Newsclick.in According to NCRB, as many as 3,53,803 farm suicides have taken place between 1995 and 2018 across the country. 85.81% of the deceased were male farmers, indicating that around 50,188 female farmers had ended their lives in this period. “I had to struggle eight long years to get one acre of land transferred to my name after the death of my husband,” said Vidya More, a 38-year-old woman farmer who had...
More »A Union Budget for no one -Surajit Das
-Newsclick.in The poor, salaried, businesspersons -- all are unhappy. For, the underlying macroeconomics is wrong – the finance minister is trying to solve the aggregate demand problem by supply-side economics. The annual budget of the Union government was placed in Parliament on the February 1, 2020. In the very beginning of her second budget speech, finance minister Nirmala Sitharaman mentioned that “this is the Budget to boost their (people of India) incomes...
More »Andhra Pradesh to deliver payments at pensioners' houses
-TheWire.in The state government has also reduced the cut-off age for old age pensioners from 65 to 60 years. New Delhi: Close to 42 lakh pensioners in Andhra Pradesh received their pensions at their houses from the village and ward volunteers under the state government’s ‘Intivadhakey Pension’ programme, according to a report in The Hindu. The massive doorstep pension disbursement initiative was one of the promises in the YSRCP’s election manifesto and was...
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