-IndiaSpend.com As researchers caution against declaring India's second COVID-19 wave to be less deadly than the first, we look for clues in excess mortality data from Kerala and Mumbai to shed light on India's comparatively low COVID-19 mortality Chennai: More than one year into the COVID-19 pandemic, India is beginning to take the first steps towards answering a key question--is there something unusual about COVID-19 mortality in India? Mortality is at the...
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India’s middle class shrank by 32 mn in 2020, says Pew report -Asit Ranjan Mishra
-Livemint.com The shrinking of middle class population could have a medium-term impact on India’s growth trajectory The coronavirus pandemic may have shrunk India’s middle-class population by 32 million and driven 75 million below the poverty line in 2020, a Pew Research Centre report said, as a severe recession walloped Asia’s third-largest economy. The report, which is based on an analysis of World Bank data, said that in comparison China fared much better, with...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
More »The pandemic has hampered social auditing of MGNREGA
When a massive sum of public money is spent on a programme like Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGA)--a demand-driven programme, there is likelihood of financial misappropriations and mismanagement. Thankfully there are checks and balances in the rural employment guarantee legislation to counter such malpractices. It is worth noting that the total allocation under the Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGA) for 2020-21 was Rs. 1,11,500.00 crore (R.E.), up...
More »Mid-Day Meals play a crucial role in guaranteeing child nutrition in the post-pandemic world
School meals ensure nutrition for millions of vulnerable children across the world. Almost 370 million children worldwide are covered by school feeding programmes. While 100 million school children benefitted from the noon meal scheme in India prior to the COVID-19 pandemic, countries like Brazil (48 million), China (44 million), South Africa (9 million) and Nigeria (9 million) too run similar programmes for school children. However, an estimated 39 billion in-school...
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