-ThePrint.in V. Anantha Nageswaran says he is surprised by Fed's hawkishness in hiking rates. With US inflation hitting 4-decade high in February, Fed raised rates in March and plans more hikes. New Delhi: Expectations of the United States Federal Reserve hiking rates aggressively in 2022-23 to contain inflation, and volatility in global crude oil prices as result of the Russian invasion of Ukraine, are two strong headwinds confronting the Indian economy in...
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Is the govt. doing enough for the Jan Aushadhi scheme?
On Janaushadhi Diwas this year (i.e., March 7th, 2022), Prime Minister Shri Narendra Modi stated that the poor and the middle-class benefited from the 'Jan Aushadhi Kendras' that were set up to provide generic drugs at affordable prices. He said that the poor and the middle class saved around Rs.13,000 crore through these stores during the COVID-19 pandemic. In the wake of COVID 19 crisis, the 'Bureau of Pharma PSUs of India'...
More »Parliamentary Panel Flags Slow Increase in Health Budget -Priyanka Ishwari
-Newsclick.in The budgetary allocation for health was only 2.1% of the total Budget Estimates for 2022-2023. New Delhi: A Parliamentary Standing Committee has raised concerns over “less priority” being accorded to the health sector in the Budget. The committee, headed by Samajwadi Party Rajya Sabha member Ram Gopal Yadav, noted that “the budgetary allocation for the ministry of health and family welfare accounts for 2.1% of the total BE 2022-23 (Budget Estimates...
More »Still unequal
-The Telegraph The Union Budget reveals glaring gaps in allocations for education Appearances can be deceptive. On the face of it, education has been allotted Rs 1,04,278 crore — a rise of Rs 11,054 crore from 2021-2022 — in this year’s budget. However, this still amounts to just above 3 per cent of the gross domestic product, falling far short of the 6 per cent public investment recommended by the National Education...
More »National Coalition on the Education Emergency releases Policy Trackers on State Education Finances and School Opening Status
--Press release by the National Coalition on the Education Emergency (NCEE) dated January 29, 2022 An education emergency of unprecedented proportions has severely impacted hundreds of millions of children in India. Prolonged school closures have caused learning deprivation, student dropout, increased child labour, malnutrition, and early marriages that are compromising the future of our country. It is time to open schools and massively increase funding of public education with a clear focus...
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