-The Hindu Lockdowns need to be guided by trade-offs between harsh and mild policies Data show that as of now 26.2% of the world population has received at least one dose of a COVID-19 vaccine. Of them, only 1% live in low-income countries. By contrast, the richer nations, such as the U.S., Canada, Germany and Britain, registered above 50% vaccination by July 17. For India, the percentage of the adult population that...
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A Long Food Movement: Transforming Food Systems by 2045
-Press release by International Panel of Experts on Sustainable Food Systems dated 30th March, 2021 * New report sounds alarm on control of food tech, farming data, and corporate takeover of UN multilateral agencies. * Civil society and social movements can fight back, boosting post-pandemic resilience, slashing agriculture’s GHG emissions by 75%, and shifting $4 trillion to sustainable food and farming. The future planned by agribusiness giants could accelerate environmental breakdown and jeopardize...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
More »Fiscal transparency jacks up ‘expenditure’ numbers in the Union Budget 2021-22
In order to understand why the Union Budget 2021-22 is being termed as ‘transparent’, it has to be read simultaneously with the 15th Finance Commission Main Report for 2021-26. But first, let us discuss 'fertilizer subsidy'. The budget documents for Union Budget 2021-22 show that the spending on ‘fertilizer subsidy’ was slashed from Rs. 1,33,947 crore in 2020-21 (revised estimate) to Rs. 79,530 crore in 2021-22 (budget estimate). However, the budgetary...
More »Compared to other South Asian countries, India fares poorly in terms of food and nutrition security, indicates SOFI 2020 report
In his Mann ki Baat speech delivered on 30th August, 2020, Prime Minister Shri Narendra Modi said that the month of September 2020 will be observed as Nutrition Month (POSHAN Maah) in the entire nation. In his address to the nation on that day, he highlighted that for children to be well-nourished, the mother should receive proper and adequate nutrition. In this context, it is important to discuss the 11 different...
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