-The Hindu Business Line Having recovered from their lows touched early or mid-2020, food prices are rising fast. At $574.8 a metric tonne in February 2021, the price of soyabean was 53 per cent higher than the corresponding month of 2020, when the effects of the Covid pandemic were yet to be felt (Chart 1). Over that period, the price of maize had risen from $168.71 to $245.24 a metric tonne...
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Campaign to highlight plight of frontline women workers -Jagriti Chandra
-The Hindu Several trade unions, feminists and research groups and policy advocates have come together on International Women’s Day to campaign for the rights of anganwadi workers, helpers and ASHAs with Members of Parliament and to highlight their plight during the pandemic. The Frontline Workers’ Solidarity Campaign will be addressing several MPs as Parliament reconvenes for the second part of the Budget Session on Monday. The drive is being spearheaded by Feminist...
More »‘pandemic ate up ₹13-lakh crore household income’
-PTI/ The Hindu Consumption drag likely,says UBS unit Households have lost a whopping ₹13 lakh crore of their incomes from the pandemic-induced job losses, according to a report that also warns of the economy losing momentum by mid-2021 on a likely slowdown in consumption demand that has propped the economy in recent months. ‘Could slow by mid-2021’ Describing the growth momentum seen in the second and third quarters of FY21 as a positive surprise,...
More »Women's Day: UNDP bats for temporary basic income to combat COVID-19 -Madhumita Paul
-Down to Earth Monthly investment of 0.07-0.31% of a developing countries’ GDP can provide financial security to 613 million working-age women living in poverty A temporary basic income (TBI) for poor women in developing countries can help millions of them cope with the effects of the novel coronavirus disease (COVID-19) pandemic, according to United Nations Development Programme (UNDP) findings released on March 4, 2021 ahead of International Working Women’s Day. The large-scale...
More »The pandemic has hampered social auditing of MGNREGA
When a massive sum of public money is spent on a programme like Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGA)--a demand-driven programme, there is likelihood of financial misappropriations and mismanagement. Thankfully there are checks and balances in the rural employment guarantee legislation to counter such malpractices. It is worth noting that the total allocation under the Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGA) for 2020-21 was Rs. 1,11,500.00 crore (R.E.), up...
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