-The Telegraph The FSSAI had set a Feb 5 deadline for public feedback on its proposed regulations that outline procedures through which GM foods can be imported in the country A citizen petitioner has through a legal notice asked India’s food authority to withdraw its draft rules on genetically modified foods, saying its proposals would breach environmental regulations and dilute food labelling requirements directed by the Supreme Court. The notice, sent on Friday...
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NREGA Sangharsh Morcha demands a hike in MGNREGA Budget for FY 2022-23
-Press release by NREGA Sangharsh Morcha dated 30 January, 2022 The stress on the economy became evident, especially in the aftermath of the raging pandemic from the 7.3% contraction in GDP in 2020-21. The distress faced by poorer households has continued over a period of time with the pandemic acting as a catalyst in increasing the woes of such households. In a latest round of survey conducted by People’s Research on...
More »Tale of two Indias: Income of Poorest 20% Tanks 53% in 5 years, Richest 20% Rises 39%
-Newsclick.in The poorest, whose annual income surged by 183% between 2005 and 2016, have been most impacted by COVID-19, shows survey In a K-shaped economic recovery since COVID-19 hit India, there was a massive plunge of 53% in the annual income of the poorest 20% of Indian households from 2015-16 to 2020-21. Besides the drastic fall in their annual income, which was rising since 1995, the share of the poorest 20% in...
More »Poor Country With Affluent Elite, India Is Going Nowhere -Jayati Ghosh
- The India Cable/ TheWire.in India is now one of the most unequal countries for both income and wealth inequality — and has shown the most rapid increases in inequality. The Paris-based World Inequality Lab has become a major source of data on global inequality, based on careful aggregation of national data from a multitude of sources, of both income and wealth inequality, at national, regional and global levels. Their latest World...
More »Should the government loosen its purse strings? -Prashanth Perumal
-The Hindu As inflation is driven by supply-side factors, tax policy can be used to cushion its impact With the Union Budget 10 days away, many economic observers are now focused on what support the Centre can offer the economy, which is still struggling to recover from the pandemic. Some analysts believe that the government must keep its spending in check to prevent price rise from getting out of control. Retail inflation...
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