-The Hindu ₹3,976 crore spent during 2020-21; ₹100 cr promised for vaccine development not allotted The PM CARES Fund collected ₹10,990 crore since its inception in March 2020 until March 2021. It spent ₹3,976 crore during the 2020-21 financial year, according to the audited financial statement posted on its website. As on March 31, 2021, the Fund had an unspent balance of ₹7,044 crore. The Fund was set up to deal with “any...
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Bengal seeks 8 crore more mandays under 100-days’ job scheme -Snehamoy Chakraborty
-The Telegraph CM Mamata Banerjee also expressed her concern over the curtailment of allotment for the MGNREGA scheme during an administrative review meeting in Calcutta Bolpur (Birbhum): The Mamata Banerjee government has written to the Centre with a plea to approve 8 crore more mandays under the 100-days’ job scheme for Bengal in the current fiscal after the state achieved its approved labour budget of 27 crore mandays. “The Centre has so far...
More »Sanjeev Sanyal, principal economic advisor, interviewed by Kamalika Ghosh (OutlookIndia.com)
-OutlookIndia.com The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections Automobiles and two-wheelers are seeing muted sales not because of a low-demand situation afflicting the sector, but because there is a supply-side issue about chips, principal economic advisor to the government Sanjeev Sanyal told Outlook Business. He also said that...
More »A Budget Whose Silences are Ominous -Prabhat Patnaik
-Newsclick.in The people are thus facing increasingly hard times, but in the bland vision of the Modi government, there is no cognisance of it. However, that itself is ominous because when the balance of payments becomes unmanageable, the Modi government will run to the IMF to ask for a rescue package. No budget in recent memory has been presented at a time when the economy is in such dire straits: unemployment is...
More »For Aligarh's Lock Workers, Rising Costs, Low Wages Primary Concerns in Polling Season -Ismat Ara
-TheWire.in Both factory workers and owners are feeling the brunt of first demonetisation and then the COVID-19 lockdowns, and believe the government is ignoring them. Aligarh (Uttar Pradesh): Tahir Khan is a 35-year-old lock worker in Aligarh. He is among the thousands of workers bearing the brunt of COVID-19 lockdowns and what they call government apathy towards workers. He is currently employed under Saud Aijaz, whose family has been running a small-scale lock...
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