-Down to Earth Gaps in data on women and girls particularly severe; countries do not invest enough in public intent data systems, the report said Most countries have shied away from an open-data policy — more so countries with developing economies, according to a recent World Bank report. Only 11 per cent low-income countries consistently made available with a license classifiable as ’open’, the report flagged. The comparable rate for lower-middle-income countries was...
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Why privatising public assets is poor economics, impetus to greater wealth inequality -Prabhat Patnaik
-The Indian Express The only difference between a fiscal deficit and selling public assets lies in the nature of the government paper that is handed to the private sector, but the macroeconomic consequences of a fiscal deficit on the economy are no different from those of selling public assets. The government has adduced no reasons for the proposed privatisation of several public sector assets other than to generate resources for its spending....
More »Centre tells worker welfare boards not to distribute items, stick to DBT
-The Hindu Aid to be transferred to Bank accounts The Centre has ordered State welfare boards for building and other construction workers (BOCW) not to distribute household and other articles to workers and instead stick to transferring monetary assistance into their Bank accounts. The Labour and Employment Ministry said in a statement on Thursday that it issued an order to States on Monday directing the boards not to distribute articles. The BOCW boards...
More »India’s true self-reliant entrepreneurs -Maitreesh Ghatak and Mukulika Banerjee
-Hindustan Times The lockdown showed how migrant workers, let down by the State, community and market, are the nation’s most valuable resource Atmanirbharata is India’s new economic policy. Nirbharata means reliance, and atma means the self. The Atmanirbhar Bharat Abhiyan, announced by Prime Minister (PM) Narendra Modi, following the lockdown announced on March 24, 2020, calls for India’s economic mission to be based on self-reliance. Recently, the PM extolled the virtues of...
More »Bengal politics is just like rest of India: toxic, gross and violent -Avijit Pathak
-The Indian Express Never mind what the bhadralok class thinks. The poll campaign has exploded the myth of Bengali exceptionalism. As West Bengal is witnessing the pathology of the prevalent electoral politics, the illusory character of the “cultural capital” the Bengali bhadralok community boasts of is becoming increasingly clear. Yes, this bhadralok class — quite often fixated at the glory of the late 19th and early 20th century Bengal — loves to...
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