-The Hindu A year after the lockdown, jobs are not only harder to find, they pay less New Delhi/ Noida: Construction sites, industrial clusters, markets and homes in the National Capital Region (NCR) are abuzz with activity, but for the migrant workers who make a living in these spaces, life is far from normal a year after the country was locked down to curb the spread of COVID-19 in March 2020. Almost a...
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Coronavirus: Pandemic may have doubled poverty in India, says Pew study
-The Hindu Pew Research report suggests middle class may have shrunk by 30% and number of poor risen by 7.5 crore India’s middle class may have shrunk by a third due to 2020’s pandemic-driven recession, while the number of poor people — earning less than ₹150 per day — more than doubled, according to an analysis by the Pew Research Center. In a comparison, Chinese incomes remained relatively unshaken, with just a...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
More »Rs 50,000 crore, or 20% of funds allotted for SC welfare, left unused by Modi govt in 4 years -Neelam Pandey
-ThePrint.in From 2017-18 to 2020-21, approx. Rs 2.6 lakh crore was sanctioned for welfare of Scheduled Castes. Of this, Rs 49,722.18 crore was surrendered by ministries/departments. New Delhi: Around 20 per cent of the funds allocated for the welfare of the Scheduled Castes (SCs) between 2017-18 and 2020-21 — totalling approximately Rs 50,000 crore — were left unused by multiple Union ministries/departments, ThePrint has learnt. This, sources said, has led the Modi government...
More »Disaster looms as safety norms are ignored in Himalayan state -Meenakshi Kapoor
-TheThirdPole.net Authorities in Himachal Pradesh want to legalise unauthorised buildings in highest quake-risk region After years of legal tug of war, the mountain state of Himachal Pradesh could see a new relaxation of its urban planning rules, despite repeated warnings about the dangers of unfettered development on its cities’ fragile terrains. According to a 2015 report on landslide vulnerability, most of the built-up areas in Himachal Pradesh, northern India, are in a high-risk...
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