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Budget 2020: You did promise jobs, Mr. Modi, didn't you? -Subodh Varma

-Newsclick.in Will this Budget give any signal that the government is tackling the deadly jobs crisis? Budgets usually don’t address big systemic issues. After all, they only arrange for government revenue and expenditure for one year. But, if the water is flowing over your head, a Budget could very well give a strong signal of beginning something. It could open the door to policy changes, and declare a determined political intent. The raging...

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Almost 75% farmers did not get all 3 PM Kisan instalments, a year after implementation -Kabir Agarwal

-TheWire.in According to RTI and government data, even in the best-case scenario, the Centre has spent only 50% of the amount that was allocated under PM Kisan from December 2018 to March 2020. New Delhi: Less than three in 10 farmers received the Rs 6,000 that was due to them in the first full year of the implementation of the Centre’s flagship PM Kisan scheme, according to government data obtained by The...

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'Digital divide' persists despite the country's desire to become a digital giant

  A recent report of the Ministry of Statistics and Programme Implementation (MoSPI) brings forth the dichotomy between digital divide and India’s transition towards a cashless Economy. The rural-urban divide in access to computer and internet is quite stark, according to the report entitled 'Key Indicators of Household Social Consumption on Education in India, July 2017 to June 2018'.   The 75th round National Sample Survey (NSS) report on education finds that...

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Banking sector is stressed, govt in no position to bail it out: Abhijit Banerjee

-PTI * The author of 'Good Economics for Hard Times' added that the slowdown in the Economy.will also adversely impact poverty alleviation in the country * Abhijit Banerjee said the demand slowdown in the automobile sector also shows that people are lacking confidence in the Economy. JAIPUR: Nobel laureate and economist Abhijit Banerjee here on Sunday said the banking sector in the country is "stressed" and the government is in no position...

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Civil society presses for an increase in budgetary allocation for MGNREGA in FY 2020-21

-Press release by NREGA Sangharsh Morcha dated 27 January, 2020 As the Indian Economy.continues to languish, the government ignores the advice given by several noted economists, including that of the most recent Nobel winner Abhijit Banerjee, to improve the functioning of the National Rural Employment Guarantee Act (NREGA). The Economy.is facing blow after blow. India has the highest rates of unemployment in the past 45 years and food inflation...

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