-TheWire.in The Economic Survey 2016-17 devotes a chapter to the provision of a Universal Basic Income (UBI), describing it as a “raging new idea,” a “radical new vision” and “the shortest path to eliminating poverty”. While warning that the UBI “should not become the Trojan horse that usurps the fiscal space for a well-functioning state,” the survey says a de facto UBI can be instituted in the existing “fiscal space”. It...
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Salt to the wound -Prabhat Patnaik
-The Indian Express Government could have undone the damage of demonetisation through the budget. The opportunity has been missed in deference to the whims of global finance. Since 97 per cent of the value of demonetised currency has returned to the banks, causing, contrary to the government’s expectations, very little extinction of currency, it is obvious that demonetisation has totally failed to achieve its purported objective of denting the black economy. It...
More »Government makes Aadhaar mandatory for availing PDS foodgrains
-PTI NEW DELHI: After cooking gas LPG, the government on Thursday made Aadhaar mandatory for availing subsidised foodgrains from the ration shops with a view to better the target of Rs 1.4 lakh crore subsidy under the food security law. The government has given time to those not having the biometric-based unique identification number to apply for Aadhaar by June 30. The government issued a notification to this effect but did stop short...
More »Rewiring the WTO -Biswajit Dhar
-The Hindu Growing disenchantment with the existing model of globalisation is also a historic opportunity to frame new rules granting equal opportunities to all in the global marketplace The visit of Roberto Azevêdo, Director General of the World Trade Organisation (WTO) to India, from February 8, comes at a juncture when the framework of global trade rules is undergoing a shake-up. The Trans-Pacific Partnership (TPP) — which had almost become the standard...
More »Budget 2017 Disappoints, Maternity Benefit Programme Underfunded, Excludes Those Who Need It The Most -Dipa Sinha
-NDTV According to the World Health Statistics (2016), nearly 5 women die every hour in India due to pregnancy and delivery related complications. 17 per cent of maternal deaths in the world occur in India. Based on the data from the Rapid Survey on Children (2013), only 65 per cent of children are exclusively breastfed up to six months of age. Infant and child mortality rates are high as well. Child...
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