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Govt. Squeezes Spending, Even Though Tax Collections Have Increased -Subodh Varma

-Newsclick.in Modi government has restrained spending of various ministries including education, social justice, environment and others. Continuing with its policy of cutting down spending, the central government has spent only 47% of the budgeted amount by the end of September 2021. That’s half of the financial year 2021-22 gone. This is a new low (see graph below), and bizarrely, it comes at a time when tax revenues have picked up. As can be...

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Why counting caste matters -Kalaiyarasan A and Trina Vithayathil

-The Hindu Caste data will help us understand the contours of inequality and craft reasoned and inclusive policies The debate about whether the decennial Census should collect data on caste from individuals who fall into the administrative categories of ‘General’ and ‘Other Backward Classes’ (OBCs) has been argued by public intellectuals, politicians, and government administrators for decades. As the Census currently only collects data on ‘Scheduled Castes’ (SCs) and ‘Scheduled Tribes’ (STs),...

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The many questions arising from QES data -KR Shyam Sundar

-The Hindu The Quarterly Employment Survey for the April-June quarter throws up some perplexing numbers The Labour Bureau released the results of the All-India Quarterly Establishment-based Employment Survey (QES) for the first quarter (FQ) of 2021 (April to June). The survey covers establishments employing 10 or more workers in the organised segment in nine sectors (manufacturing, construction, trade, transport, education, health, accommodation and restaurants, IT/BPO, and financial service activities). These sectors account...

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Lack of GST details stumps economists -Vikas Dhoot

-The Hindu States seek transparency in GST data. GST collections have crossed ₹1 lakh crore in eleven of the last 12 months, with the government attributing the trend to a rapid economic recovery and improved compliance levels, but economists are unable to analyse these tax numbers as critical data points are no longer shared by the government. Until December 2020, when monthly GST collections were released, the official statement from the Finance Ministry...

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Latest available PLFS data sheds light on unpaid helpers in self-employment & underemployment among various types of workers

Generally, economists refer to indicators like Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR) and Unemployment Rate (UR) in order to assess the extent of joblessness and work related precarity at a particular period of time in a certain geographical area. However, there are other indicators too, which can help in understanding the job situation, livelihoods security and vulnerability of workers in a better way such as 'percentage distribution...

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