During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...
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Lest We Forget: One Year After the Labour and Migration Crisis
-Press release by Working Peoples Charter (WPC) Network dated 23rd March, 2021 A statement on the condition of India’s migrant workforce one year after the COVID-19 lockdowns 24 March marks the anniversary of India’s harsh nationwide COVID-19 lockdown when we witnessed an unparalleled impact on the country’s poor, particularly internal migrants who comprise a 140 million-strong workforce. In 2020, India saw the largest urban-rural exodus in its history, with millions of workers...
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 »NREGA wages see highest jump in Meghalaya, nil in Kerala, Lakshadweep -Harikishan Sharma
-The Indian Express In all, 22 States and UTs have seen an increase of less than Rs 10, whereas 12 states and UTs have registered a hike of over Rs 10 this time. Meghalaya has registered the highest increase in MGNREGS wages — a jump of Rs 23 from Rs 203 in 2020-21 to Rs 226 — for 2021-2022, while there has been no increase in Kerala and Lakshadweep, according to the...
More »Panel flags Centre’s meagre pensions
-The Hindu Parliamentary Standing Committee on Rural Development slams government laxity in raising amounts. The Centre must increase the “meagre” pensions provided for poor senior citizens, widows and disabled people, said the Parliamentary Standing Committee on Rural Development in its report submitted to the Lok Sabha on Tuesday. The panel also slammed the government’s “laxity in raising the amount, pointing out that recommendations to increase the sums have been made for the...
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