-The Hindu Business Line/ NetworkIdeas.org It defies all logic. As expected, once the implications of the Covid-19 contagion began to be absorbed, the BSE Sensex lost 37 per cent in value, falling from a level just above 41,000 on February 19, 2020, to just below 26,000 on 23 March 2000 (Chart 1). That was the day when the nationwide lockdown was declared and three days before the first of the government’s...
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Expenditure secy: Chose capex over handouts, will trigger growth -Aanchal Magazine
-The Indian Express Somanathan said the government is trying to reach the target group of unskilled and semi-skilled workers through increased government expenditure in the construction sector. Working with a “constrained resource envelope” in the aftermath of the Covid-19 pandemic ahead of Budget 2021-22, the government essentially had to make a choice between two policy options: handouts and capital expenditure. “We chose capex,” TV Somanathan, Expenditure Secretary, Ministry of Finance, told The...
More »Jan Arogya Abhiyan to intensify campaign on rate regulation and patients’ rights in pvt hospitals
-The Indian Express Many patients also reported their inability to access public insurance schemes like MPJAY due to lack of co-operation from hospitals, and incurring heavy debt to pay their hospital bills for Covid and other emergency health conditions. Pune: Manisha Palekar from Kolhapur narrated the story of her husband, a public school teacher, who tested positive for Covid-19 and had to be admitted to a private hospital, which charged them Rs...
More »Budget 2021-22: Over-reliance on infrastructure investment to spur growth? -Sarmistha Pal
-IdeasforIndia.in Commenting on the strong infrastructure push in the 2021-22 Budget, Sarmistha Pal argues that an emphasis on investment in infrastructure may not necessarily bring India out of the current economic recession – with the Budget’s negligence of the education sector and insufficient health expenditure, making matters worse. The 2021-22 Union Budget, announced on 1 February 2021, made a definitive turn to the right as it turned its back on providing any...
More »Jamtara turns a page with public library movement -Satyasundar Barik
-The Hindu Infamous as Jharkhand’s hub of online frauds, the tiny district now has 45 public libraries diverting youth away from cybercrime BHUBANESWAR: The library movement in Jharkhand’s Jamtara district got off to a flying start with public libraries developed in a short span of time receiving a steady inflow of students from different age groups. Jamtara’s love for books assumes huge significance as it has the dubious distinction of being the “phishing...
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