-Scroll.in Data in Lucknow showed that mean monthly income for labour work fell 62%, from Rs 9,500 per month in pre-pandemic times to Rs 3,500 per month now. Asked how the lockdown-induced economic crisis affected the lives-livelihoods of daily wage workers, Rajesh Singh, in his early 20s in Lucknow said, “Since the time of Covid and the lockdown, there has Been a severe crisis of employment opportunities in local labor markets. Getting...
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‘Politicians get richer, our lives worse’: Why Assam’s flood-hit Dhemaji isn’t moved by this election -Ayan Sharma
-Newslaundry.com Year after year, flooding in the Jiadhal ruins homes and fields. Year after year, politicians make promises that aren’t kept. The electoral heat is soaring in Assam with the three-phase assembly election kicking off on March 27. But for Kalpana Bora, 60, this frenzy means nothing. It’s a dusty March afternoon and Kalpana is sitting in her home next to the busy NH-15 highway in Kekuri gaon. Her face is lined with...
More »Why privatising public assets is poor economics, impetus to greater wealth inequality -Prabhat Patnaik
-The Indian Express The only difference between a fiscal deficit and selling public assets lies in the nature of the government paper that is handed to the private sector, but the macroeconomic consequences of a fiscal deficit on the economy are no different from those of selling public assets. The government has adduced no reasons for the proposed privatisation of several public sector assets other than to generate resources for its spending....
More »Only 11% low-income countries make their data open: World Bank report -Kiran Pandey
-Down to Earth Gaps in data on women and girls particularly severe; countries do not invest enough in public intent data systems, the report said Most countries have shied away from an open-data policy — more so countries with developing economies, according to a recent World Bank report. Only 11 per cent low-income countries consistently made available with a license classifiable as ’open’, the report flagged. The comparable rate for lower-middle-income countries was...
More »Let’s strengthen and not dilute the National Food Security Act -Himanshu
-Livemint.com * We must widen its coverage to feed the needy instead of letting subsidy reductions get the better of it * Subsidy reduction is a key aim of Niti Aayog’s proposal to reduce food-security coverage, but our subsidy level is not as high as it looks and the move could thwart efforts to achieve nutrition goals A recent discussion paper by the Niti Aayog has suggested a reduction in the coverage of...
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