-Hindustan Times Despite enhanced commitments across spheres, the government has spent less this year than it did last year Typically, when a crisis hits, the expectation is that the Centre — which has more revenue-raising abilities than states — will take the lead in preparing a fiscal road map, loosen its purse strings and raise expenditure significantly. The Covid-19 pandemic is unprecedented in its scale and impact. But this is also when...
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Economic policy needs to address those who have seen the greatest distress during lockdown -Sonalde Desai, Neerad Deshmukh and Santanu Pramanik
-The Indian Express The urban poor is still finding it difficult to return to work. Targeting social Safety Nets towards them is necessary as the economy struggles to recover. While COVID-19 continues its assault on human lives, the Indian economy, after the devastation in the wake of the lockdown, is showing signs of recovering. Data from a variety of sources, such as exports and car sales, as well as data from NCAER’s...
More »Job losses among SCs were three times higher than for upper castes: Economist Ashwini Deshpande -Shreehari Paliath
-India Spend/ Scroll.in Reservations are not the answer to every social and economic problem. More needs to be done to provide Safety Nets to vulnerable groups. About 10 crore to 12 crore Indians lost their jobs in the immediate aftermath of the countrywide lockdown to contain the spread of Covid-19, IndiaSpend reported in April. But the lockdown has impacted the disadvantaged caste groups with a far greater magnitude than the upper castes, found...
More »India needs an urban replica of MGNREGA -Nitya Chutani
-Livemint.com As a part of the relief measures, while the PDS system could reach a vast majority of people both in rural and urban areas, the system has failed to identify the affected informally employed labour force in largely urban areas. This makes a case for introducing an urban replica of MGNREGA With laudable measures like the increased allocation in Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and the Pradhan Mantri...
More »Once Derided by Modi, Boost to MGNREGS Shows it's One of Rural India's Few Safety Nets -Kabir Agarwal
-TheWire.in The increased allocation is welcome, but experts say the government should also work to solve pending liability issues and other techno-bureaucratic problems that hold back its effectiveness. New Delhi: On Sunday, while announcing the fifth and final tranche of the Centre’s COVID-19 economic relief package, finance minister Nirmala Sitharaman announced that the government will be allocating an additional Rs 40,000 crore under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). “It...
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