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Revise the text of the Budget speech -Jayati Ghosh

-The Hindu The Finance Minister must move to an expansionary fiscal stance that prioritises job creation, public service provision It is that time of year in India, when all eyes and ears turn to the Finance Minister to learn what she will unveil in the annual Union Budget. But it is a moot point whether, even in a year of the novel coronavirus pandemic and economic crisis, that speech will be of...

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We’re not all in the same boat -Amitabh Behar

-The Hindu Fighting inequality must be at the heart of our economic rescue and recovery efforts One of the most incisive and hard-hitting comments on the real import of the COVID-19 crisis came from none other than the United Nations Secretary General, Antonio Guterres. He said: “COVID-19 has been likened to an x-ray, revealing fractures in the fragile skeleton of the societies we have built. It is exposing fallacies and falsehoods everywhere:...

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Budgeting in a time of crisis -TCA Ramanujam

-The Hindu Keynesian economics offers guidelines for preparing the Budget The Great Depression wrecked the economies of the U.S. and Europe. In the words of Jonathan Alter, when Franklin Roosevelt became the American President in 1933, he was told: “Mr. President, if your programme succeeds you would be the greatest President in American history. If it fails, you will be the worst one”. Roosevelt replied: “If it fails, I will be the...

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Odisha Millets Mission extends lessons for other states, nations -Diptimayee Jena and Srijit Mishra

-PolicyCircle.org The Special Programme for Promotion of Millets in Tribal Areas of Odisha: Malnutrition is one of the greatest Health and development challenges at present. Ending all forms of malnutrition by 2030 is one of the targets under the second sustainable development goal. Revival of millets that are considered as smart crops because of their resilience to climate change and nutritional advantages will be important in this regard. The Special Programme...

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Ageing dams in India, US, other nations pose growing threat: UN report

-PTI/ The New Indian Express The analysis includes dam decommissioning or ageing case studies from the USA, France, Canada, India, Japan, and Zambia and Zimbabwe. NEW YORK: Over a thousand large dams in India will be roughly 50 years old in 2025 and such aging embankments across the world pose a growing threat, according to a UN report which notes that by 2050, most people on Earth will live downstream of tens...

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