-TheWire.in Caught in a quagmire of legislations, most construction workers of a particular colony have had no money to deal with illnesses and daily needs. New Delhi: Mariam spent her younger days toiling as a construction worker. When she could no longer work as an elderly person, she got the benefit of a special pension meant for construction workers. This pension of Rs 3,900 per month became the main source of her subsistence...
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Ground Report: Why farmer suicides in Telangana continue unabated -G Ram Mohan
-TheWire.in By not including tenant farmers in ambit of its schemes, the state government is leaving marginalised farmers in the lurch Suryapet (Telangana): Remembering how her husband died five years ago, and the hardships she has faced since, 45-year-old B. Saidamma is reduced to tears. Her husband, B. Bhadrayya from Bhaktalapuram village in Penpahad mandal of Telangana’s Suryapet district, died by suicide after he was unable to pay back a Rs 5...
More »Freebies work in the short term & aren't really free -Puja Mehra
-Livemint.com * There is no such thing as a freebie in economics because ultimately somebody has to bear the cost of the supposedly free giveaways * CAG’s financial audit for 2013-18 concluded that Delhi has no Debt sustainability issues as its GSDP grew faster than its public Debt The Aam Aadmi Party’s win in the Delhi elections has inspired others to replicate its strategy. The West Bengal government’s last full budget before state...
More »Farmers' group not impressed with Union Budget 2020-21
-Press released by All India Kisan Sangharsh Coordination Committee (AIKSCC) dated 1st February, 2020 Delhi, February 1st 2020: Budget fails to increase rural demand and purchasing power which would have boosted the economy - instead, the Budget only boosts the profits of big corporates and MNCs, said AIKSCC. When the crying need in India’s economy is to increase the demand and purchasing power in rural areas, and hence rural incomes, the...
More »Farmers stare at another loss despite good rains. They need a boost from govt -Richard Mahapatra
-Down to Earth Indian farmers have accumulated huge Debts due to crop damages and less remunerative price for produce When the National Statistical Office released the advance estimate of gross domestic product (GDP) growth for the 2019-20 fiscal year, the optimism for farmers — with an above-normal monsoon — fizzled out. India’s GDP growth for the current financial year was pegged at 5 per cent, the lowest in 11 years. In 2018-19, the...
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