-The Hindu Business Line/ NetworkIdeas.org With India experiencing a severe second wave of the Covid-19 pandemic, forcing decentralized lockdowns, a crisis of loss of jobs and livelihoods and resulting hunger is being reported from across the country. A reluctant central government has, therefore, been forced to revive the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), to distribute 5 kilograms of free foodgrain per person per month to the approximately 80 crore...
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The Proposal for a Minimum Global Corporate Tax Rate -Prabhat Patnaik
-NetworkIdeas.org Following its $1.9 trillion Covid-relief package, the Biden administration has further announced an infrastructure package of $2.3 trillion. But in contrast to the former which is to be spent within months, the latter is to be spent over an eight-year period. And this package in turn is to be followed by a “human infrastructure” package. All this adds up to a massive stimulus for the economy as well as a...
More »As Covid second wave persists, MGNREGS comes to rural India’s rescue, yet again -Chetan Chauhan
-Hindustan Times The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has witnessed the sharpest year-on-year increase in employment generation in its history in April 2021, government data shows, in a sign that the second Covid wave has caused major reverse migration adding to rural economic distress. According to rural development ministry data, around 22 million households have got work under the job guarantee in the month of April 2021, which is...
More »Supreme Court forms National Task Force for transparent oxygen allocation -Krishnadas Rajagopal
-The Hindu 12-member team to go beyond present crisis, prepare road map for transparent budgeting with States The Supreme Court has constituted a 12-member National Task Force to streamline and ensure the “effective and transparent” allocation of liquid medical oxygen on a “scientific, rational and equitable basis” to States and Union Territories fighting COVID-19. The apex court had expressed its dissatisfaction at the Centre’s earlier “oxygen-for-bed” formula. This “rough-and-ready” arrangement, as the court...
More »Rent issues as an ignored COVID stress point -Mewa Bharati and Juhi Jotwani
-The Hindu The second wave has amplified the issue of rent which does not draw much attention as food and income support do As State governments have begun implementing weekend curfews and lockdown-like conditions amid the second wave of COVID, there is another issue that is emerging — rent crises within informal rental housing markets. For example, domestic workers in Jaipur, Rajasthan, have begun reporting to the Rajasthan Mahila Kamgar Union (RMKU)...
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