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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...

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Why Recovery at Cost of Worker Immiserisation Won’t Last Long -Prabhat Patnaik

-Newsclick.in GDP recovery from the lockdown-induced abyss is accompanied by significant labour displacement and squeeze on wages, which will impact aggregate demand. Ministers from Narendra Modi to Nirmala Sitharaman are talking about a recovery of the Indian economy from the pandemic-induced crisis. Even the Reserve Bank of India (RBI), which estimated the second quarter GDP growth to have been -8.6%, has seen signs of recovery in October. Of course, there had to be...

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Over 9 crore employed under MGNREGA in 2020, the highest since enactment in 2008 by UPA govt

-National Herald The numbers show that it has come to the rescue of India’s rural workforce as the country battles one of its worst phases of economic slowdown and unemployment Over 9 crore persons living in rural parts of the country found informal work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in 2020 till October, a Right to Information (RTI) reply seen by NH has revealed. The rural workers...

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Human development index: India performs worse than G-20 developing countries -Rajiv Shah

-Counterview.net A new book, “Sustainable Development in India: A Comparison with the G-20”, authored by Dr Keshab Chandra Mandal, has regretted that though India’s GDP has doubled over the last one decade, its human development indicators are worse than not just developed countries of the Group of 20 countries but also developing countries who its members. The G-20 – consisting of Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan,...

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Hurry! Applications for the 1st round of NFI Fellowships for Independent Journalists are now open till December 15th, 2020

The COVID-19 pandemic continues to have multiple impacts on our lives. Existing challenges have been exacerbated and new ones have emerged. Across the country, individuals, communities, businesses and governments are responding differently. Covid has claimed many casualties. Good reportage need not be one of them. The pandemic and the consequent economic slowdown have also taken its toll on good journalism. At this moment, we need good journalism to be stronger than...

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