-TheWire.in An article critical of the government's response to COVID-19 was published on The New Indian Express's website on May 8, and disappeared from its link within a day. Last week, The New Indian Express, one of India’s major English newspapers, pulled down an article that was heavily critical of the Centre’s response to the COVID-19 outbreak. The article, entitled ‘Centre’s COVID-19 Communication PLAn: hold back data, gag agencies and scientists’, discussed...
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Demand first, please, and then loans -Devadeep Purohit
-The Telegraph 'Wish there were announcements on government spending' Kolkata: Like many Indians, a young businessman keenly awaiting the fine print of Prime Minister Narendra Modi’s Atmanirbhar Bharat Abhiyan (Self-reliant India Mission) PLAced himself before a television screen around 4pm on Wednesday. The businessman did not have to brush up his language skills to understand finance minister Nirmala Sitharaman but he came away with a sense of déjà vu. “I heard that I will...
More »Government outlays PLAn for credit boost to agriculture sector -Shayan Ghosh
-Livemint.com As announced by finance minister Nirmala Sitharaman, 25 million farmers who do not have a Kisan Credit Card will now be able to avail concessional credit The government on Thursday decided to boost the flow of credit to the agriculture by attempting to bring more farmers under the Kisan Credit Card (KCC) scheme and through an additional outlay for farm loan refinance. As announced by finance minister Nirmala Sitharaman, 25 million farmers...
More »A PLAn to revive a broken economy -Harsh Mander, Jayati Ghosh and Prabhat Patnaik
-The Hindu There are clear, implementable steps the Centre can take in fiscal terms to revive the economy and support livelihoods The Prime Minister has just announced Lockdown 4.0. Despite some resulting increase in economic activity, vast numbers of working people will remain without their regular incomes. He also announced a package of ₹20 lakh crore, but this includes already allocated money of ₹6-lakh crore and monetary policy directives to banks and...
More »1,000+ Experts From Around the World Call for 'Degrowth' After COVID-19 Pandemic
-TheWire.in This, they say, will require an overhaul of the capitalist system. A group of over 1,000 experts and organisations have written an open letter questioning the world’s strategy, and suggesting a transformative change as we move beyond the COVID-19 pandemic that has gripped us all. For a more just and equitable society, they argue, “degrowth” is the way to go. This, they say, will require an overhaul of the capitalist system –...
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