-Press release from People's Budget Initiative (PBI)/ Centre for Budget and Governance Accountability (CBGA) New Delhi: The coalition -- People’s Budget Initiative (PBI) with a membership of diverse organisations working across different sectors in the country, organized a national convention on pressing issues (such as budgetary allocations for social sectors, transparency etc.) deserving a closer scrutiny and a larger public debate. The two-day workshop entitled ‘Civil Society Budget Work and Governance...
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Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
More »Modi Government Gives Shock Treatment To Social Policy -Jean Dreze
-NDTV The Modi government is finally getting some flak, as it should, for its confused economic policies, epitomised by the demonetisation blunder last year. Despite relatively favourable circumstances (including good monsoons and a decline in international fuel prices), the rate of economic growth is declining quarter after quarter. For manufacturing, it is even close to zero, according to the latest estimates. Statistics related to employment and wages are even more worrying....
More »Lucas Chancel, economist working on inequality, interviewed by Sanjay Vijayakumar (The Hindu)
-The Hindu The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, says renowned economist Lucas Chancel According to a research paper by renowned economists Thomas Piketty and Lucas Chancel, income inequality in India is at its highest level since 1922, the year the Income Tax Act was passed. In December, they will...
More »Cancer specialist asks PM for tobacco probe
-The Telegraph New Delhi: A leading cancer specialist has called on the government to investigate whether a "tobacco lobby" has influenced arms of the government to initiate action against public health organisations engaged in India's tobacco control efforts. Kailash Sharma, director of academics at the Tata Memorial Hospital, Mumbai, has cited leaked government and tobacco industry documents to seek a probe into whether a Union home ministry note allegedly depicting tobacco control...
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