-Newsclick.in Unemployment has inched up to over 9% as the year ends and the so-called economic recovery is a mirage. For Indians, 2020 will go down in history as the worst year for livelihoods and incomes. Unemployment levels rose to record highs, incomes plummeted to record lows and such was the scale of deprivation that thousands of families teetered on the brink of starvation. Tragically, this was not just the pandemic. It...
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Less out-of-pocket expenditure for births in public facilities in rural areas, NFHS-5 finds -Anvi Maria Joy, Megha PK, Akhil PM and Gaurav Suresh Gunnal
-Down to Earth The latest figures suggest that Manipur spends more OOPE in both rural and urban areas, whereas Gujarat spends less among states and Dadra and Nagar Haveli among Union territories There has been a substantial increase in out of pocket expenditure (OOPE) in various states and Union territories of India despite various maternal schemes having been implemented by the Union and state governments, according to the National Family Health Survey-5. Dependency...
More »Hit By Indebtedness and Suicides, Punjab Farmers Worry New Laws Will Make Things Worse -Pawanjot Kaur
-TheWire.in Researchers have found that small and marginal farmers and Dalit landless labourers are worst affected by the region's agrarian distress. Sangrur/Patiala (Punjab): In the villages of Punjab, strike a conversation on farming expenses with anyone, and they will say, “Karja tan hai hi (Of course, we have taken loans).” It’s these loans – from both institutional and non-institutional sources – that largely help the rural economy run in the state. But...
More »Economic revival beating predictions: RBI bulletin
-The Hindu “Economic conditions continued to improve through November on the back of the uptick in agriculture and manufacturing,” RBI officials say in an article in the central bank’s monthly bulletin. There is now more evidence to show that the Indian economy “is pulling out of COVID-19’s deep abyss and is reflating” at a pace that beats most predictions, RBI officials, including Deputy Governor Michael Patra, said in an article in the...
More »Decoding the dip in public expenditure -Avani Kapur and Sharad Pandey
-Hindustan Times Despite enhanced commitments across spheres, the government has spent less this year than it did last year Typically, when a crisis hits, the expectation is that the Centre — which has more revenue-raising abilities than states — will take the lead in preparing a fiscal road map, loosen its purse strings and raise expenditure significantly. The Covid-19 pandemic is unprecedented in its scale and impact. But this is also when...
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