-Newsclick.in Latest CMIE data shows that unemployment rate continues to steadily climb up even as PM Modi and his party try to divert Attention by talking about air strikes and ‘national security’. If ever there was a case of “Nero fiddling while Rome was burning” then India today is the best example. The country is going through one of its worst jobs crisis, well documented by several surveys and confirmed by reports...
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In Uttarakhand, Young Women Lead an Exodus from Mountain Villages -Kumar M Tiku
-TheWire.in As modern jobs evade the state, rural millennials continue a pattern of out-migration that leaves hundreds of villages abandoned, or populated only by the elderly. For Prime Minister Narendra Modi, a third ‘M’, beyond Muslims and minorities, exists that can no longer wait to receive his Attention. This is the epic-scale migration out of India’s mountain states, and I don’t mean Jammu and Kashmir. Uttarakhand became the 27th state of the...
More »Callous disdain for the wasted lives of the poor
-The Telegraph The most important implication of underfunding the MGNREGA is that the NDA denies that there is a jobs crisis Given the fact that a significant amount of jobs has been lost by casual rural workers in the recent past, the Mahatma Gandhi National Rural Employment Guarantee Act gains added significance. It is supposed to provide 100 days of wage employment in a financial year to every adult in a household...
More »Bonds of secrecy -PDT Achary
-The Indian Express Concealing the identity of donors in electoral bonds goes against a fundamental tenet of democracy — transparency Electoral bonds are attracting Attention in the run-up to the general elections. These bonds were conceived in 2017 and the necessary legislative changes were made in the Finance Bill of 2017. For example, Section 31 of the Reserve Bank of India Act, 1924, was amended and a new Clause (3) was...
More »YV Reddy, former Reserve Bank of India governor and chairperson of the 14th Finance Commission, interviewed by Roshan Kishore (Hindustan Times)
-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...
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