-The Telegraph The Union budget is an embodiment of unequal fiscal policy The finance minister and her ministry have betrayed, once again, their lack of understanding of the Indian economy or the conditions under which most Indians are living today. Despite attempts to ‘talk up’ the supposed recovery, the economy is weak and most people are hurting. India has seen one of the biggest increases in the number of poor and hungry people...
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India Will Lose 101 Billion Labour-Hours a Year to Global Warming’s Effects -Aathira Perinchery
-TheWire.in * India will lose 101 billion work-hours a year to the effects of global warming, according to a new study. * There is more scientific evidence to show how extreme weather, including rainfall, impacts economies worldwide. * Another study found economic growth decreases when the number of wet days and the number of days with extreme rainfall increase. Kochi: As the world becomes warmer, India will lose more than 101 billion hours of...
More »30% vacancies in Central offices as Government holds promotions for past six years -Vijaita Singh
-The Hindu Officers are the backbone as files, documents and orders are processed by them Nearly 30% positions are vacant in Middle to senior management rank in various Central government Ministries as the Union government has not promoted officials of the Central Secretariat Service (CSS) in the past six years. The employees have petitioned the Department of Personnel and Training (DoPT) to issue promotion orders as many officials have retired in these years,...
More »Tale of two Indias: Income of Poorest 20% Tanks 53% in 5 years, Richest 20% Rises 39%
-Newsclick.in The poorest, whose annual income surged by 183% between 2005 and 2016, have been most impacted by COVID-19, shows survey In a K-shaped economic recovery since COVID-19 hit India, there was a massive plunge of 53% in the annual income of the poorest 20% of Indian households from 2015-16 to 2020-21. Besides the drastic fall in their annual income, which was rising since 1995, the share of the poorest 20% in...
More »Budgeting for the education emergency -Sajitha Bashir
-The Hindu It is astonishing that public expenditure data on the education sector are not easily available In the current Budget session, how much money the Central and State governments will allocate to education and for what purpose should be a matter of public concern and debate. Even before the pandemic, public spending on education in most States was below that of other Middle-income countries. Most major States spent in the range...
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