The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
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Where is the staff to serve in rural areas and implement schemes?
Huge sums of money are allocated for the rural and agrarian sectors by the Union Government in its annual budget every year, and rightly so. But in the absence of an adequate number of officials in rural areas, can the various schemes and programmes of the government be implemented properly? We will find the answer if we think about this issue deeply and the answer that would emerge should bother...
More »Can raising the approved labour budget from 280.76 crore person-days to 306.6 crore person-days help the unskilled returnee migrants who prefer MGNREGA to Garib Kalyan Rojgar Abhiyaan?
Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...
More »PM CARES fund: Centre asks Bombay HC to dismiss petition seeking details of donations, expenditure
-Scroll.in The petitioner, a lawyer, also demanded that the government appoint or nominate at least two members from opposition parties for transparency. The Centre on Tuesday requested the Bombay High Court to dismiss a petition seeking that the donations and expenditure of the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund, or PM CARES fund, – created to tackle the coronavirus pandemic – be made public, PTI reported. The petition, filed...
More »Finance Ministry secretly corrects 14 data discrepancies in Budget 2020 after India Today seeks answers -Mukesh Rawat
-IndiaToday.in IndiaToday.in's analysis found that Union Budget 2020 had at least 14 data discrepancies regarding allocations for the Department of Health and Family Welfare. When we sought a clarification, the Finance Ministry secretly corrected them without replying to our mail. * There were 14 data discrepancies in Expenditure Budget for Dept of Health & Family Welfare * These were between the PDF and Excel files uploaded by Finance Ministry on budget's official website *...
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