-TheWire.in A number of indicators have shown that India is still reeling under the adverse impact of lockdowns and job losses necessitated by the pandemic. Any cut in food subsidies will push millions into Starvation. On February 28, 2021, it was widely reported that Niti Aayog put out a paper arguing for lowering coverage in food security law in order to cut the subsidy bill. The paper prescribes curtailment of food subsidy...
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Labour codes need to be drafted keeping in mind realities of informal sector workers -Ileena Roy and Ranjana Das
-The Indian Express These vulnerabilities of the informal sector became even more prominent as the entire country went into a state of suspension due to the lockdown enforced as a state response to the pandemic. Finance Minister Nirmala Sitharaman in her budget speech referred to the implementation of the four labour codes, closing the process that started 20 years ago. She also mentioned a handsome Rs 15,700 crore for MSMEs, more than...
More »Budget 2021 Is a Chance to Undo the COVID-Induced Inequality That Has Surged Across India -Nikhil Dey
-TheWire.in Ideally, the government should increase the work entitlement for MGNREGA to at least 150 days, double the budget and put in place an urban employment guarantee act. Let’s start with those who did well over the last 10 months. The Sensex index crossed the 50,000 benchmark for the first time on January 21, 2021, with a whopping 70% increase since April 2020. The Oxfam inequality report, just released, gives an idea of...
More »Two Key Numbers to Look Out for in the Upcoming Budget 2021 -Jayati Ghosh
-TheWire.in The most important concern is that of increasing public spending. There are really only two numbers to look out for in the forthcoming budget: how much did the government claim to have spent in 2020-21, and how much does it intend to spend in 2021-22. These two numbers will determine whether there is any real hope of sustained macroeconomic recovery in the near future, notwithstanding any claims of green shoots or revival...
More »Delhi survey: 10% kids out of school, 80% homes don’t have computers -Sourav Roy Barman
-The Indian Express Nearly three-fourth of the population depends on government facilities; of the 2.60% who suffer from chronic illnesses, most have diabetes. # Two lakh children remain “out of school”, including 64,813 due to “financial constraints”. # Over six lakh between 0-6 years are outside the net of anganwadis, which cover less than half of Delhi’s pregnant women. # Over 63% people use buses for commuting, while only 6% depend on the flagship...
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