-The Hindu To say that growth and Inequality converge in terms of their effects on socio-economic outcomes is outrageous The Economic Survey 2021 (https://bit.ly/2OfqfVQ) does not seem to be a policy document derived straight from the empirical data of the economy or the social compulsions embedded in it. On the contrary, the Survey rings with policy postulates based on strong ideological overtones. Of interest would be Chapter 4, captioned ‘Inequality and Growth:...
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Labour codes need to be drafted keeping in mind realities of informal sector workers -Ileena Roy and Ranjana Das
-The Indian Express These vulnerabilities of the informal sector became even more prominent as the entire country went into a state of suspension due to the lockdown enforced as a state response to the pandemic. Finance Minister Nirmala Sitharaman in her budget speech referred to the implementation of the four labour codes, closing the process that started 20 years ago. She also mentioned a handsome Rs 15,700 crore for MSMEs, more than...
More »MGNREGA allocation for 2021-22 is inadequate, states People’s Action for Employment Guarantee
-Press note by People’s Action for Employment Guarantee (PAEG) dated 10th February, 2021 In its press note dated 10th February, 2021, People’s Action for Employment Guarantee has noted that the Union Budget 2021-22 largely failed to address the challenge of increasing Inequality and declining welfare during the pandemic. For the FY 2021-22, Rs. 73,000 crore has been allocated, which although greater than the original allocation of Rs.61,500 crore for 2020-21, is 34.5...
More »Union budget fails to address 'urgent' spending needs in social sector: Oxfam
-Counterview.net Even as calling Finance Minister Nirmala Sitharaman’s budget “historic”, top international NGO Oxfam, pointing towards “some gaps” in it, “especially while addressing inequalities on the lines of caste, class, gender and occupation”, has regretted that the budget “does not address the urgent spending needs in the social sector, especially in health and education.” In a statement, Oxfam India quotes CEO stating that “the Union Budget 2021 has failed to address Inequality...
More »A Budget that fails to address the hunger pandemic -Dipa Sinha
-The Hindu In a year of economic slowdown and growing Inequality, we have been presented with a stingy Budget that fails to ensure the bare necessities for all While the country continues to grapple with the health and economic crisis as a result of COVID-19, widespread hunger and food insecurity is a silent emergency that has not been getting sufficient attention. Unfortunately, the Union Budget also does not include any significant measures...
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