-NDTV.com Billed as a "dedicated fund with the primary objective of dealing with any kind of emergency...", PM CARES spent ₹ 3,976 crore in the first year of its operation New Delhi: 64 per cent of the Rs.10,990 crore collected by the PM CARES Fund between March 27, 2020, and March 31, 2021, remained unused as of the latter date, according to data accessed by NDTV. As of March 2021, the PM CARES...
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Health account numbers that require closer scrutiny -Indranil
-The Hindu The reduction of out-of-pocket expenditure that the NHA highlights is essentially due to a decline in utilisation of care Low public spending on health in India has meant that people depend heavily on their own means to access health care. It causes rich-poor, rural-urban, gender and caste-based divides in access to health care, pushes people to poverty, and forces them to incur debt or sell assets. As a result, our...
More »Why PM-CARES Is a 'Government Fund' and Well Within RTI Purview -Gaurav Vivek Bhatnagar
-TheWire.in The Union government submitted before Delhi high court that PM CARES Fund is “not a fund of Government of India and the amount does not go in the Consolidated Fund of India”. While there is enough information already in the public domain to assert that PM-CARES Fund (Prime Minister’s Citizen Assistance and Relief in Emergency Situation Fund) is controlled by the Government of India, the Union government still wants to maintain...
More »IMF’s Issue of Fresh SDRs -Prabhat Patnaik
-Networkideas.org The International Monetary Fund has announced a fresh issue of $650 billion Special Drawing Rights in August which would be distributed among member countries in proportion to their IMF quotas. This amount is less than what had been demanded by many, which was a trillion dollars, but it does represent a small temporary comfort for the heavily indebted third world countries. Almost all of it will go into the pockets of...
More »UN Food Systems Summit: The Battle Over Global Food and Agriculture Governance -Oakland Institute
-Press release by Oakland Institute dated 21st September, 2021 Oakland, CA: The Food Systems Summit, hosted by the United Nations, has been reduced to a day-long virtual event on September 23, 2021 — a result of an unprecedented counter mobilization around the world. Hijacked by proponents of corporate industrial agriculture, the summit faced a united front from farmers, civil society groups, and social movements around the world, who rejected and mobilized...
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