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Expenditure secy: Chose capex over handouts, will trigger growth -Aanchal Magazine

-The Indian Express Somanathan said the government is trying to reach the target group of unskilled and semi-skilled workers through increased government expenditure in the construction sector. Working with a “constrained resource envelope” in the aftermath of the Covid-19 pandemic ahead of Budget 2021-22, the government essentially had to make a choice between two policy options: handouts and capital expenditure. “We chose capex,” TV Somanathan, Expenditure Secretary, Ministry of Finance, told The...

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Budget, like farm laws, is marred by gap between intentions of government and ground realities of agriculture -Ajay Vir Jakhar

-The Indian Express Investment in human capital, science and research remains the Achilles heel of Indian policy. The budget allocation for agriculture research and education has constantly declined from 0.31 per cent of the gross value added of agriculture and allied activities in 2011-12 to 0.24 per cent now Seven years of low crude prices, five years of above normal monsoon topped by good agriculture production, and everything looked positive for a...

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Concentration of power in India Inc: Regulator reviews seven key sectors -Pranav Mukul and Anil Sasi

-The Indian Express Simultaneously, it has started a review of all model concession agreements — the legal contract that forms the basis of the public-private partnership — across four key infrastructure sectors: airports, ports, electricity and railways. AMID the unprecedented concentration of power in at least seven core sectors in corporate India, from pharma and telecom to airports and ports, the Competition Commission of India has launched a set of detailed investigations...

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Farmers Tell Govt Nothing Less Than Repeal of 3 Farm Laws Acceptable, 8th Round of Talks Fail -Tarique Anwar

-Newsclick.in The farmers’ unions also rejected the government’s proposal to take the matter to the Supreme Court saying that “this is a political matter and it will be resolved politically”. New Delhi: “We will either die or win. We will return home only when you withdraw the (three) laws,” farmer leaders told the government in clear terms on Friday afternoon (January 8) during eighth round of talks held at Vigyan Bhawan for...

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‘It was as if the entire country was walking’ -Jaideep Hardikar

-RuralIndiaOnline.org Months after walking home 800 kilometres in terrible conditions, migrant labourers in Maharashtra’s Gondia district recall their journey on foot from Telangana during the April-June period of the lockdown When their options ran out, Vijay Koreti and his friends decided to walk home. It was mid-April. India was under a strict lockdown brought on by the Covid-19 pandemic. And they wondered how long they could remain stranded in their small shanties in...

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