-Deccan Herald Dodgy data Surjit Bhalla, India’s Executive Director (IMF), Arvind Virmani, former Chief Economic Advisor under UPA, and K Bhasin, in an IMF Working Paper, state that to estimate poverty, when no survey has been undertaken, is to take the most recent survey (2011-12) data and update individual consumption (or personal) income by the corresponding growth rate observed in the national accounts (NAS). However, there are problems with estimating poverty based on...
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COVID orphaned 10,600, says NCPCR -Krishnadas Rajagopal
-The Hindu Child Rights Commission tells SC that 1.47 lakh children lost a parent during the pandemic The Supreme Court is worried for children, some as young as six year old, whose parents suddenly died of COVID-19, leaving behind unpaid debts, mortgages, loans and insurance premiums. The National Commission for Protection of Child Rights (NCPCR) has so far identified 1,47,773 children who have lost one parent and another 10,600 who have become orphans...
More »‘Development will eventually lead to environmental conflicts’ -Srijan Trivedi and Yashvi Churiwala
-Down to Earth With sustainable development goals in place, increasing democratisation and connectivity of the world, ecologisation of politics and vice-versa will become the new norm Nobel laureate Wangari Maathai wrote: In a few decades, the relationship between the environment, resources and conflict may seem so obvious as the connection we see today between human rights, democracy and peace. Decreasing resource base and the struggle for control and power leads to politicising ecological issues...
More »Blissful ignorance -Jayati Ghosh
-The Telegraph The Union budget is an embodiment of unequal fiscal policy The finance minister and her ministry have betrayed, once again, their lack of understanding of the Indian economy or the conditions under which most Indians are living today. Despite attempts to ‘talk up’ the supposed recovery, the economy is weak and most people are hurting. India has seen one of the biggest increases in the number of poor and hungry people...
More »Show commitment to equity in the Budget -Aruna Roy and Nikhil Dey
-The Hindu The Government needs to stop India’s avalanching slide into a grossly divided society, made worse by the pandemic On January 17, 2022, Oxfam International presented its annual global “Inequality Report”. Titled Inequality Kills, the report calculated and presented the quantum growth in wealth of a minuscule few, and the simultaneous impoverishment of millions of working people. During the novel coronavirus pandemic, the report reveals, more than half the world’s new...
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