-Hindustan Times Despite enhanced commitments across spheres, the government has spent less this year than it did last year Typically, when a crisis hits, the expectation is that the Centre — which has more revenue-raising abilities than states — will take the lead in preparing a fiscal road map, loosen its purse strings and raise expenditure significantly. The Covid-19 pandemic is unprecedented in its scale and impact. But this is also when...
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The country should worry about further worsening of economic inequality in the post-COVID period
The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
More »MSP only real risk protection for farmers, says new study -Chetan Chauhan
-Hindustan Times In Punjab, 90% of the agri produce is traded at markets regulated under the Agriculture Produce Marketing Committee (APMC) Act by licensed commission agents. Bihar abolished the APMC Act in 2006 and traders and private players can buy produce directly from farmers. Farmers in fully regulated agriculture markets in Punjab got 30% more price for their produce in 2018-19 than those in totally unregulated markets in Bihar and partially regulated...
More »Are we undercounting India’s women workers? -Roshan Kishore and Abhishek Jha
-Hindustan Times An HT analysis of per capita worker incomes and per capita incomes in China and India showed that India’s gap with China was much larger when it came to per capita incomes than per worker incomes. India needs more women to join the workforce. According to the latest Periodic Labour Force Survey (PLFS), only 25.9% of women between the ages of 15 and 49 were either working or looking for...
More »New evidence on child nutrition calls for radical expansion of child development services -Jean Dreze
-The Indian Express If India’s overwhelming goal is to become a $5 trillion Economy within a few years, there is no reason to pay attention to children. But if it is development in the full sense of the term, then child development is paramount. Leaving aside two or three countries like Niger and Yemen, India has the highest proportion of underweight children in the world: a full 36 per cent according to...
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