-The Hindu To say that growth and inequality converge in terms of their effects on socio-economic outcomes is outrageous The Economic Survey 2021 (https://bit.ly/2OfqfVQ) does not seem to be a policy document derived straight from the empirical data of the economy or the social compulsions embedded in it. On the contrary, the Survey rings with policy postulates based on strong ideological overtones. Of interest would be Chapter 4, captioned ‘Inequality and Growth:...
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The limits to India’s privatization push -Arjun Srinivas
-Livemint.com * Privatizing more PSUs is once again the flavour of the season. But data reveals govt is ignoring some hard truths * There are only a handful of sectors where a disproportionate market share and the nature of business gives government firms a case to command a premium About 10 days after the central government iterated on the floor of Parliament its resolve to privatize businesses owned by it on a scale...
More »Mid-Day Meals play a crucial role in guaranteeing child nutrition in the post-pandemic world
School meals ensure nutrition for millions of vulnerable children across the world. Almost 370 million children worldwide are covered by school feeding programmes. While 100 million school children benefitted from the noon meal scheme in India prior to the COVID-19 pandemic, countries like Brazil (48 million), China (44 million), South Africa (9 million) and Nigeria (9 million) too run similar programmes for school children. However, an estimated 39 billion in-school...
More »Farm laws and ‘taxation’ of farmers -R Ramakumar
-The Hindu To show Indian agriculture as being net taxed to argue for the farm laws has poor conceptual validity Over the past three decades, a major rationale offered in favour of liberalising Indian agriculture was that farmers were “net taxed”. In other words, incomes of farmers were kept artificially lower than what they should have been. It was argued that this “net taxation” existed because protectionist policies deprived farmers of higher...
More »More fatalities likely among poor victims of road crashes: World Bank report -Jagriti Chandra
-The Hindu Study highlights the socio-economic impact of accidents There are more fatalities from road crashes among poor families rather than the rich shows a new World Bank study that highlights the socio-economic impact of road accidents — from access to post-accident medical care to coping with the financial distress caused by a mishap. In the study, low income households reported twice the numbers of deaths post-crash vis-à-vis high income households. The risk...
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