-Newsclick.in Health care profiteering in COVID times. Spiraling health care expenses in India have been pushing more than 55 million Indians into a state of abject poverty every year. COVID-19 has only worsened the trend for even more families—like Aghan Singh’s. To ensure that his sick mother received the best treatment, Singh, a self-employed motor mechanic in the small town of Bilaspur, in Chhattisgarh, India, decided to take her to a popular private...
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Despite Stimulus, Data Shows The Government May Be Spending Less, Not More -Mariyam Alavi
-NDTV According to the data available with the Controller General of Accounts, however, the central government's total spending fell from ₹ 14.9 lakh crore in April-September 2019 to ₹ 14.8 lakh crore in April-September 2020, a drop of almost 1 per cent. In a year when the government has announced multiple stimulus packages to revive India's covid-hit economy, the central government has spent less than the previous year, NDTV has found. The...
More »Is the rural economy driving India’s recovery? -Richard Mahapatra
-Down to Earth Government spending has led to demand growth in rural areas; but what if it comes down? Rural India has emerged as the saviour of the shattered Indian economy. From Ratan Tata to the governor of the Reserve Bank of India, everybody is betting on the consumption demand growth in rural areas to boost the novel coronavirus disease (COVID-19) pandemic-stricken economy. There is a lot of talk on the ‘green shoots’...
More »Civil society gears up for big funds squeeze -Sayantan Bera
-Livemint.com * New norms on foreign donations and covid-19 could end up shrinking the money pool for philanthropy and CSR * Domestic philanthropic spending has grown at a fast clip, but a closer look reveals a bias on priorities set by Indian donors as well as the geographical spread of funds NEW DELHI: Arpan is a small non-profit working out of remote Pithoragarh district of Uttarakhand, bordering Nepal. It helps primitive tribal groups...
More »A Govt Unequal to the Task as Economy Sinks -Prabhat Patnaik
-Newsclick.in The significant fall in government expenditure during the lockdown is just the opposite of what the Modi government should have done. A striking aspect of the 24% decline in India’s GDP in the first quarter of 2020-21 compared with the first quarter of the last fiscal year is the decline by 10.3% in public administration, defence and other public services. This is a sector where the GDP (gross domestic product) is...
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