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More fatalities likely among poor victims of road crashes: World Bank report -Jagriti Chandra

-The Hindu Study highlights the socio-economic impact of accidents There are more fatalities from road crashes among poor families rather than the rich shows a new World Bank study that highlights the socio-economic impact of road accidents — from access to post-accident medical care to coping with the financial distress caused by a mishap. In the study, low income households reported twice the numbers of deaths post-crash vis-à-vis high income households. The risk...

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How India can be ‘atmanirbhar’ for edible oil production -Girish Kumar Jha, Renjini VR and Aditya KS

-Down to Earth In 2019, India imported around 15 million tons of edible oils worth approximately Rs 7,300 crore Edible oils are indispensable in the Indian kitchen. But it might be surprising to many that India imports most of the oil it consumes, unlike most other agricultural products which are produced locally. Even after having a diverse agro-climatic conditions, abundant land and large sections of population depending on agriculture, why does India have...

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Recognising housework: Is paying the only way? -Soumya Kapoor Mehta and Sona Mitra

-Hindustan Times While it is a welcome attempt to provide worth to housework, steps to reduce and redistribute such work are perhaps more important than asking for women’s unpaid work to be monetised, even notionally. They are important to ensure women’s rights and a sense of social justice. In January, the Supreme Court directed an insurance company to pay a higher claim amount by taking into account the unpaid work performed by...

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Fiscal transparency jacks up ‘expenditure’ numbers in the Union Budget 2021-22

In order to understand why the Union Budget 2021-22 is being termed as ‘transparent’, it has to be read simultaneously with the 15th Finance Commission Main Report for 2021-26. But first, let us discuss 'fertilizer subsidy'. The budget documents for Union Budget 2021-22 show that the spending on ‘fertilizer subsidy’ was slashed from Rs. 1,33,947 crore in 2020-21 (revised estimate) to Rs. 79,530 crore in 2021-22 (budget estimate). However, the budgetary...

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Agriculture infra cess may hit state revenues -Sayantan Bera

-Hindustan Times/ Livemint.com “There is an immediate need to improve agricultural infrastructure so that we produce more, while also conserving and processing agricultural output efficiently,” Nirmala Sitharaman said in her budget speech. The government on Monday introduced a new agriculture infrastructure development cess (AIDC) on petrol, diesel and several other imported items. Finance minister Nirmala Sitharaman assured it won’t place any additional burden on consumers. However, following the introduction of the cess, states...

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