The Union Budget 2020-21, which was presented by the Finance Minister Smt. Nirmala Sitharaman on 1st February, 2020 has failed to impress civil society activists and farmers' rights groups (click here and here). Through their press releases and notes, members of CSOs were demanding as well as suggesting the Union Government for hiking the budgetary allocation for schemes like Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and Pradhan Mantri...
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Professor Amiya Bagchi, Marxist economist, interviewed by Subhoranjan Dasgupta (The Telegraph)
-The Telegraph "The government has miserably failed to stimulate the domestic economy. It has spent less and less on public education, healthcare and infrastructure because of its erroneous policy" The Modi government has an ambitious plan to create a $5-trillion economy in the next five years — but all data points are heavily stacked against it. The economy is floundering and the Reserve Bank of India has already trimmed its growth forecast...
More »Will Congress's NYAY Really Mean Justice for the Poor? -Anjana Thampi and Ishan Anand
-TheWire.in Any policy that seriously intends to reduce poverty and deprivation should increase Social Sector Spending and look to universalise basic services. On Monday, Congress president Rahul Gandhi promised a minimum income guarantee scheme or Nyuntam Aay Yojana (NYAY) if voted to power in the upcoming Lok Sabha elections. The proposal involves a transfer of Rs 72,000 per year to 20% of the poorest families in India. He claimed that this “is...
More »No shortcuts to income guarantee -Harsh Mander
-The Indian Express Rahul Gandhi’s proposed scheme will do more harm than good if it comes at the cost of existing subsidies for the poor. Congress president Rahul Gandhi signaled the earnestness of his party’s resolve to end poverty and hunger by announcing an untried policy instrument — a Minimum Income Guarantee for the poor. “Millions of our brothers and sisters” could not be allowed to “suffer the scourge of poverty”...
More »Missing: The woman farmer -Sakshi Rai
-Centre for Budget and Governance Accountability (CBGA) Land rights structurally escape women. This is a fundamental issue in understanding why women’s work as farmers is largely invisible. However, the large-scale migration of men towards pursuing other non-farm employment opportunities due to the worsening agrarian crisis has pushed more women into this sector. Work is not homogenous and neither are women or their work. Perceiving work through economic lens, the policy framework...
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