-CBGA Blog India presented its latest Union Budget (for FY 2022 -23) in early February amid much hope, as the country is still reeling from the aftermath of Covid-19 pandemic, which has lasted for two years. To deal with the pandemic induced socio-economic crisis, countries across the world have been announcing policy measures outside of their annual budgets. The Indian government, too, made many such announcements, but given the scale of the...
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The alarming rise of food shares -Nidhi Kaicker, Aashi Gupta, and Raghav Gaiha
-The Hindu Spells of impoverishment during the pandemic were not infrequent, and lower castes and minorities bore the brunt of it Few observations survive the test of time. Fewer gain significance over time. Engel’s Law is a case in point. A version is that the poorer a family, “the greater the proportion of the total outgo which must be used for food. The proportion of the outgo used for food, other things...
More »Second Hunger Watch Survey shows high level of food insecurity among the poor & vulnerable people of 14 states
-Press release by the Right to Food Campaign Secretariat dated February 23, 2022 * 66 percent respondents said that their income has decreased compared to the pre-pandemic period * 80 percent reported some form of food insecurity, 25 percent reported severe food insecurity * 41 percent said that nutritional quality of their diet deteriorated compared to the pre-pandemic period * 67 percent could not afford cooking gas in the month preceding the survey. * 45...
More »Rural Distress Makes India Inc. Call for Higher MGNREGA Allocation -Rabindra Nath Sinha
-Newsclick.in By doing so, the corporate sector seems to have cautioned the government against expecting a fast rebound in industrial activity, as there is sizeable idle capacity in the absence of consumption demand. Kolkata: Rural stress and funds for the rural job guarantee scheme were surprise additions in the organised corporate sector’s listed points for the post-Budget interaction with the Union government held on February 5 under the aegis of the Confederation...
More »Are India’s elite abandoning the country’s poor and vulnerable? -Deepanshu Mohan
-Scroll.in At a time when upper classes continue to thrive on waves of profit maximisation, the social and economic safety net of the poor has been gradually eroding. Amidst all the talk on two Bharats, are we seeing a time horizon where India’s elite may abandon the country’s poor and vulnerable? This is a question I have been contemplating about for a few months now. My curiosity peaked days after the recent Union...
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