-The Hindu Keynesian economics offers guidelines for preparing the Budget The Great Depression wrecked the economies of the U.S. and Europe. In the words of Jonathan Alter, when Franklin Roosevelt became the American President in 1933, he was told: “Mr. President, if your programme succeeds you would be the greatest President in American history. If it fails, you will be the worst one”. Roosevelt replied: “If it fails, I will be the...

-NetworkIdeas.org India’s Constitution puts the bulk of responsibility for the basic goods and services to be provided to citizens on to state governments. That is also why it mandated that independent Finance Commissions be appointed every five years to determine the distribution of tax revenues between Centre and the various states. Successive Finance Commissions (FCs) have also recognised that state governments necessarily require more resources to fulfil their obligations, which is...

-Frontline.in Ten million girls in India could drop out of secondary school due to the COVID-19 pandemic, according to a Right to Education Forum policy brief. With 1.6 million girls aged 11 to 14 years currently out of school, the pandemic could disproportionately impact girls further by putting them at risk of early marriage, early pregnancy, poverty, trafficking and violence. Released on January 24, the International Day of Education and National Girl...

-The Indian Express An Oxfam report, titled ‘The Inequality Virus’, has found that as the pandemic stalled the economy, forcing millions of poor Indians out of jobs, the richest billionaires in India Inc.eased their wealth by 35 per cent. A new report by Oxfam has found that the Covid pandemic deeply exacerbated existing inequalities in India and around the world. The report, titled ‘The Inequality Virus’, has found that as the pandemic stalled...

-IndiaClimateDialogue.net Protests by Indian farmers against three new farm laws have deep roots in income insecurity, which is driven by changing rainfall patterns and incentives that promote the overuse of water The protests by Indian farmers against three laws initially passed as ordinances have gone from sporadic in August 2020 to the biggest peaceful civil society protest in the world. Despite 11 rounds of talks and the creation of a committee by...