One is almost certain to hear this from an economist that if something is available at free of cost or at a subsidised rate thanks to government intervention, then people tend to overuse or overconsume such goods/ commodities. So, the best solution is to create a market for such 'almost freely available' or 'highly subsidised' goods or commodities. Once people start paying to use or consume such goods/ commodities, they...
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No money left in MGNREGA coffers; 21 States in the red -Priscilla Jebaraj
-The Hindu States creating artificial demand, says official; workers pushed into ‘forced labour’ by delayed payments, say activists The Centre’s flagship rural employment scheme has run out of funds halfway through the financial year, and supplementary budgetary allocations will not come to the rescue for at least another month when the next Parliamentary session begins. According to its own financial statement, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme shows...
More »Why is it difficult for children from underprivileged sections of the society to get their lessons online? Read this new report to know.
Remote teaching and learning promoted by Edtech companies as an alternative to physical classrooms, especially since the beginning of the COVID-19 pandemic, may have a sizeable consumer base in our country. However, at the bottom of the pyramid, there are only a few takers of online education. In reality, class and caste-divide, which is more prominent in rural areas, affects access to digital learning. The majority of the school going...
More »Hunger Amidst Plenty—Tragedy Continues 75 Years After Independence -Subodh Varma
-Newsclick.in As India celebrates its 75th Independence Day, there is a record harvest of foodgrains; but why are so many people hungry? India has reaped an all-time high food grain harvest for 2020-21 of nearly 309 million tonnes (MT), or nearly 31 crore tonnes, according to latest estimates by the agriculture ministry. This was propelled by record harvests of wheat (109.5 MT), rice (122.3 MT), nutri/coarse cereals (51.2 MT) and pulses (25.7...
More »Global Fashion Brands Caused Humanitarian Crisis in 6 Asian Countries During Pandemic, Says Report -Ditsa Bhattacharya
-Newsclick.in Nearly 93% of the Indian garment workers were pushed below the international poverty line of the World Bank in April and May, 2020 Garment workers lost a significant amount of wage during the pandemic in six Asian countries including India. Workers’ wages were at poverty levels even before the pandemic, and were pushed further below the International Poverty Line in their countries by the pandemic, according to a recent report titled...
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