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Budget 2021-22: A political economy perspective -Yamini Aiyar

-IdeasforIndia.in Examining the 2021-22 Union Budget with a political economy lens, Yamini Aiyar contends that the policy choices reflects Government of India’s propensity to centralise rather than to devolve, and a shift away from welfarism. Following the presentation of the Union Budget 2021-22 by Finance Minister Nirmala Sitharaman on 1 February, economists have carefully scrutinised the fiscal math and debated the economic rationale behind the policy choices. Beyond the fiscal math, the...

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Standing committee report highlights transportation issues of pregnant women

-PTI/ The Hindu The report tabled in the Lok Sabha said the Health ministry has not paid enough attention to the transportation problems faced by pregnant women, particularly when the labour pain starts. A standing committee report to examine “Women’s Healthcare: Policy Options” highlighted the issue of unavailability of easy transportation of expectant mothers to the nearest delivery points still remains a arduous task in view of difficult geographical terrains. The report tabled...

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Economic Survey’s flawed view of PMJAY gains -Soham D Bhaduri

-Financial Express The Survey ends up using an array of inapposite health indicators in studying the scheme’s impact Universal health coverage (UHC) has received an unprecedented systemic push over the past decade, reinforced greatly by the Sustainable Development Goals. In India, the public health insurance (PHI) route has been strongly advanced as the prime agency for attaining UHC—founded on the experience of the multitude of state and national PHI schemes stretching since...

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Is the Budget’s infrastructure push green? -S Gopikrishna Warrier

-MongabayIndia.com * The main focus of the Union Budget for 2021-22 is on infrastructure development-led growth. * This is expected to create a demand in the economy and thereby help it recover after the pandemic crisis. * This commentary explores whether the thrust on infrastructure development will lead to adverse environmental consequences. * The views expressed in this commentary are that of the author. Investment in infrastructure is the most important focus area in the...

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Decoding the budget and the economics of welfare -Yamini Aiyar

-Hindustan Times Several announcements — a bad bank, the proposal for a development financial institution, and bank recapitalisation — aim at reforming the economy. But these will not respond to the structural inequalities caused by the pandemic Covid-19 is a crisis like no other. And, expectedly, it has wreaked havoc on the Government of India (GoI)’s financial arithmetic as it struggled to deal with collapsing tax revenues and increased expenditure pressures. Therefore,...

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