-The Hindu Pew Research report suggests middle class may have shrunk by 30% and number of poor risen by 7.5 crore India’s middle class may have shrunk by a third due to 2020’s pandemic-driven recession, while the number of poor people — earning less than ₹150 per day — more than doubled, according to an analysis by the Pew Research Center. In a comparison, Chinese incomes remained relatively unshaken, with just a...
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Rs 50,000 crore, or 20% of funds allotted for SC welfare, left unused by Modi govt in 4 years -Neelam Pandey
-ThePrint.in From 2017-18 to 2020-21, approx. Rs 2.6 lakh crore was sanctioned for welfare of Scheduled Castes. Of this, Rs 49,722.18 crore was surrendered by ministries/departments. New Delhi: Around 20 per cent of the funds allocated for the welfare of the Scheduled Castes (SCs) between 2017-18 and 2020-21 — totalling approximately Rs 50,000 crore — were left unused by multiple Union ministries/departments, ThePrint has learnt. This, sources said, has led the Modi government...
More »The bad news from state budgets -Ishan Bakshi
-The Indian Express States have spent less in this year, may focus on fiscal consolidation in the year to come. This belies hopes of a public-spending-led recovery. Over the past few weeks, several state governments have presented their budgets for the financial year 2021-22. These budgets shed light not only on how state finances have fared during the current year (2020-21) but equally critically, detail the expenditure stance of these governments during...
More »Are We Staring at Another Phase of Dilution of PDS in India? -Shinzani Jain
-Newsclick.in The NITI Aayog recommendations to reduce coverage under the NFSA are in tandem with liberalisation of agriculture pushed forward by the government with the passage of three farm laws. On February 28, 2020, it was reported that the central government’s think tank, NITI Aayog, in a discussion paper recommended a revision in the coverage of urban and rural populations under the National Food Security Act (NFSA), 2013 to generate annual savings...
More »Explained: Post-pandemic job survey in Delhi, and what it says on female participation in workforce -Sourav Roy Barman
-The Indian Express A Delhi government-commissioned employment survey has captured the severity of the job crisis plaguing the national capital. What is the highlight of the report? What does it say on female participation in the workforce? A Delhi government-commissioned employment survey, carried out between September-November 2020, has captured the severity of the job crisis plaguing the national capital, which continues to reel under the impact of the pandemic and the consequent...
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