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Covid-19 and the disease of inequality -Yamini Aiyar

-Hindustan Times The second wave will deepen inequality. Expand support to states, universalise PDS, and ramp up MGNREGS now Abandoned by the State that insisted on locking down, refusing to recognise the damage done to their livelihoods, India’s workers asserted their rights and made themselves heard by walking home in March 2020. The long march home was emblematic of the suffering and hardship unleashed by the first wave. A year later, it is...

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The second wave and the Indian State -Yamini Aiyar

-Hindustan Times The Centre and states are at war, but India urgently needs a coordinated response. It’s not too late. But soon it will be In an influential paper published over a decade ago, the economist Lant Pritchett described India as a “flailing State” — in which the head, that is the elite institutions at the national level (and, in some cases, state level) remained sound and functional but was no longer...

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Budget 2021-22: A political economy perspective -Yamini Aiyar

-IdeasforIndia.in Examining the 2021-22 Union Budget with a political economy lens, Yamini Aiyar contends that the policy choices reflects Government of India’s propensity to centralise rather than to devolve, and a shift away from welfarism. Following the presentation of the Union Budget 2021-22 by Finance Minister Nirmala Sitharaman on 1 February, economists have carefully scrutinised the fiscal math and debated the economic rationale behind the policy choices. Beyond the fiscal math, the...

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Decoding the budget and the economics of welfare -Yamini Aiyar

-Hindustan Times Several announcements — a bad bank, the proposal for a development financial institution, and bank recapitalisation — aim at reforming the economy. But these will not respond to the structural inequalities caused by the pandemic Covid-19 is a crisis like no other. And, expectedly, it has wreaked havoc on the Government of India (GoI)’s financial arithmetic as it struggled to deal with collapsing tax revenues and increased expenditure pressures. Therefore,...

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2020: The people vs the Indian State -Yamini Aiyar

-Hindustan Times The anti-CAA protests, the defiance of migrants, and now the farmers’ stir show that the everyday practice of democracy is a powerful corrective in the face of arbitrary and unilateral State decisions Three events defined India’s political landscape in 2020. The protests against the Citizenship (Amendment) Act (CAA), the migrant labour crisis that unfolded as workers defied lockdown orders and asserted their rights, choosing to walk home in the face...

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