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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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Despite some hits, the Budget has crucial misses -R Nagaraj

-The Hindu That there is no targeted employment programme to alleviate the immediate crisis is a matter of concern The Budget, at its simplest, is the government’s tentative income and expenditure statement. Like all financial statements, the devil lies in the fine print. At its broadest, the Budget is a pious statement of the government’s policy and ideological intentions. It is also the government’s statement of how it seeks to tackle the...

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A Budget blueprint for difficult times -Manmohan Singh, P Chidambaram and Praveen Chakravarty

-The Hindu Alarming inequality, failing health care and border tensions loom large and the economic situation needs full attention As the country prepares to enter a new financial year after an ominous and gloomy 2020-21, there are great expectations about green shoots and the shape of the economic recovery. The havoc wreaked by the novel coronavirus pandemic on people’s lives and livelihoods is deep and enormous. The impact of the COVID-19 induced...

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Once in a Century Budget: Statement of Fact or Hope? -Arun Kumar

-TheWire.in The pandemic and lockdown threw existing budgetary calculus completely out of line. But that provides an opportunity too. In December 2020, talking at a CII meet, finance minister Nirmala Sitharaman reportedly stated: “100 years of India wouldn’t have seen a budget being made post-pandemic like this”. Was it a mere statement of fact, that never before had parts of the budget-making process been done in a virtual manner after a pandemic, or...

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Explained: UP, Bihar, Bengal see biggest jump in new NREGA job cards -Harikishan Sharma

-The Indian Express Consider this: From April to August, over 83 lakh additional households or 1.6 crore persons joined the NREGA labour force by getting job cards, taking the number of families under the scheme to an all-time high of 14.36 crore. This summer, as millions of migrants returned to their villages amid a rise in Covid cases, another chart climbed steadily: the number of households enrolled under the Mahatma Gandhi National...

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