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Should the government loosen its purse strings? -Prashanth Perumal

-The Hindu As inflation is driven by supply-side factors, tax policy can be used to cushion its impact With the Union Budget 10 days away, many economic observers are now focused on what support the Centre can offer the economy, which is still struggling to recover from the pandemic. Some analysts believe that the government must keep its spending in check to prevent price rise from getting out of control. Retail inflation...

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NFHS data reveals that children in the Bundelkhand region suffer from double burden of malnutrition

In the previous news alert, we looked at the under-nutrition problem in the Bundelkhand region in terms of 3 indicators -- proportion of children under 5 years who are stunted (height-for-age); proportion of children under 5 years who are wasted (weight-for-height); and proportion of children under 5 years who are underweight (weight-for-age). However, the National Family Health Survey (NFHS) data also indicates that severe under-nutrition like severe wasting and anaemia among...

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India’s Economic System Rigged in Favour of the Super-Rich, Says Oxfam Report -Ditsa Bhattacharya

-Newsclick.in The report points out that in India, during the pandemic the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020. While 84% of households in India suffered a decline in their income in a year marked by the tremendous loss of life and livelihoods, the number of...

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Income of 84% Indian households fell in 2021 while 40 new billionaires emerged: Oxfam report

-Scroll.in The non-profit group said that while the wealth of Indian billionaires rose by Rs 30 lakh crore during pandemic, over 4.6 crore people fell to extreme poverty. The income of 84% Indian households declined in 2021 while the number of billionaires in the country grew from 102 to 142 during the last year, non-profit group Oxfam said in a report released on Sunday. In its report titled “Inequality Kills”, Oxfam said that...

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How agri credit is a source of survival for small farmers -Radheshyam Jadhav

-The Hindu Business Line A majority of them take loans from moneylenders and for non-agricultural needs A few years ago when Chayatai Parkhi’s husband Ashok ended his life as he was unable to pay debt taken from banks and moneylenders, Chayatai was forced to take another loan from a moneylender to perform a series of religious rites after the cremation of her husband. Ashok had taken a loan for his daughter’s marriage...

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