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Informal Sector Workers Continue to Struggle with Low Wages, High Debts: ActionAid Report -Sumedha Pal

-Newsclick.in Almost 24% of the respondents reported having earned no wages in the unlock phases and close to 50% said that their monthly wages were less than Rs 5,000. A fact sheet produced by ActionAid Association India following its surveys focussing on informal workers has exposed the inadequacies of the governments that are failing in improving workers’ lives. The extensive report, which is a part of the organisation’s longitudinal study on the impact...

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Economic Liberalisation and Fertilizer Policies in India -Prachi Bansal and Vikas Rawal

-Society for Social and Economic Research The economic reforms which were started in 1991 shifted the focus of fertilizer policies away from playing a leading role in building the fertilizer industry and ensuring the availability of fertilizers at affordable prices to farmers. Under the neo-liberal policy framework, reducing the fiscal burden of fertilizer subsidies and the foreign exchange burden of fertilizer-related imports became the overriding concerns of the state.  Interestingly, the post-liberalisation...

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Growth compulsions, fiscal arithmetic -C Rangarajan and DK Srivastava

-The Hindu The economic situation warrants enhanced Government Expenditure; the policy challenge is to minimise the growth fall India’s growth in the first quarter of 2020-21 at (-) 23.9% showed one of the highest contractions globally. Global growth prospects for 2020 have been projected by a number of multilateral institutions and rating agencies including that for India. The 2020-21 real GDP growth for India is forecast in the range of (-) 5.8%...

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Compared to other South Asian countries, India fares poorly in terms of food and nutrition security, indicates SOFI 2020 report

In his Mann ki Baat speech delivered on 30th August, 2020, Prime Minister Shri Narendra Modi said that the month of September 2020 will be observed as Nutrition Month (POSHAN Maah) in the entire nation. In his address to the nation on that day, he highlighted that for children to be well-nourished, the mother should receive proper and adequate nutrition. In this context, it is important to discuss the 11 different...

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A Govt Unequal to the Task as Economy Sinks -Prabhat Patnaik

-Newsclick.in The significant fall in Government Expenditure during the lockdown is just the opposite of what the Modi government should have done. A striking aspect of the 24% decline in India’s GDP in the first quarter of 2020-21 compared with the first quarter of the last fiscal year is the decline by 10.3% in public administration, defence and other public services. This is a sector where the GDP (gross domestic product) is...

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