-The Indian Express Records show, the demand for medical oxygen has increased by 18 per cent over the last six days across 12 states, which account for 83 per cent of active cases in the country. With four of the states worst hit by Covid battling a critical shortfall between demand and supply of oxygen in their hospitals, Prime Minister Narendra Modi told officials during a high-level meeting Thursday to ramp up...
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Two Key Numbers to Look Out for in the Upcoming Budget 2021 -Jayati Ghosh
-TheWire.in The most important concern is that of increasing public spending. There are really only two numbers to look out for in the forthcoming budget: how much did the government claim to have spent in 2020-21, and how much does it intend to spend in 2021-22. These two numbers will determine whether there is any real hope of sustained macroeconomic recovery in the near future, notwithstanding any claims of green shoots or revival...
More »Why Are People Going Hungry if India Has Surplus Foodgrain Stocks? -Prabhat Patnaik
-Newsclick.in A country that ranks 94 among 107 countries in the Global Hunger Index can’t be said to be self-sufficient in foodgrains. The Surplus stocks are due to shortage of purchasing power in peoples’ hands. The Indian intelligentsia has an incredible propensity to swallow the self-serving arguments of metropolitan capitalism that are typically supposed to constitute ‘economic wisdom’. And nowhere is this more evident than in the case of India’s food economy. There...
More »Covid-time demand helps whittle down FCI grain stocks -Harish Damodaran
-The Indian Express The gap between the current and year-ago stocks, too, has narrowed down from over 15 mt to 1.5 mt between June 1 and October 1. Covid-19 may have unleashed all-round economic devastation, but has also turned into an opportunity for whittling down the Food Corporation of India’s (FCI) massive grain mountain. At 68.49 million tonnes (mt), the total wheat and rice stocks in the Central pool as on October 1...
More »P Sainath, the founder editor of the People’s Archive of Rural India and former rural affairs editor of The Hindu, interviewed by Mitali Mukherjee (TheWire.in)
-TheWire.in The journalist says that though there is a very clear pro-corporate intent behind the Bills, they may enable middle-men to wring an even harder grip on the farmers. Amidst an uproar and stiff protest, three contentious farm Bills were passed in the Rajya Sabha on Sunday and Tuesday. The Bills seek to replace ordinances promulgated in June this year and were already cleared by the Lok Sabha. The idea behind all the...
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