-The Hindu The Government needs to stop India’s avalanching slide into a grossly divided society, made worse by the pandemic On January 17, 2022, Oxfam International presented its annual global “Inequality Report”. Titled Inequality Kills, the report calculated and presented the quantum Growth in wealth of a minuscule few, and the simultaneous impoverishment of millions of working people. During the novel coronavirus pandemic, the report reveals, more than half the world’s new...

-TheWire.in * India will lose 101 billion work-hours a year to the effects of global warming, according to a new study. * There is more scientific evidence to show how extreme weather, including rainfall, impacts economies worldwide. * Another study found economic Growth decreases when the number of wet days and the number of days with extreme rainfall increase. Kochi: As the world becomes warmer, India will lose more than 101 billion hours of...

-TheWire.in How did the onset of the pandemic affect already-struggling budget management, how did the second wave affect the measures taken in Budget 2021-22 and what should we look for in the upcoming Budget? The latest estimates suggest that India’s economic output in 2021-22 is likely to, once again, reach the level it was at in 2019-20. If this happens, the pandemic would have delayed India’s journey to prosperity by two years....

-Newsclick.in India needs a larger government expenditure on transfers to the working people. For such larger expenditure, resources have to be raised through greatly increased taxation of the rich- a reversal of the perverse fiscal strategy the government has pursued so far. The Indian economy is currently caught in a vicious spiral of inflation, stagnation and a widening of the fiscal deficit. And this spiral is set to become even more vicious...

-Down to Earth Higher MSP, dearer imports expected to keep rates firm for local oilseeds     India looks set for a bumper mustard harvest this rabi season, which raises the question: Will those growing the oilseed reap enough compensation for their effort? Increased supply generally suppresses prices, but experts are optimistic that mustard farmers will duck that trend this time. The country has already achieved its mustard acreage for 2025-26 this rabi...