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Decoding the budget and the economics of welfare -Yamini Aiyar

-Hindustan Times Several announcements — a bad bank, the proposal for a development financial institution, and bank recapitalisation — aim at reforming the economy. But these will not respond to the structural inequalities caused by the pandemic Covid-19 is a crisis like no other. And, expectedly, it has wreaked havoc on the Government of India (GoI)’s financial arithmetic as it struggled to deal with collapsing tax revenues and increased expenditure pressures. Therefore,...

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Children from economically weaker backgrounds have fallen behind as classes shifted to the digital mode -Wilima Wadhwa

-The Indian Express Although there has been a lot of public discussion on digital modes of education for school children, online and video classes catered largely to urban or educated elite populations whose children went to private schools. In India, school closures post the spread of the pandemic started as early as March 2020. As months went by, concerns increased: Would learning levels drop, existing inequalities deepen? The Annual Status of Education...

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Covid deepened inequalities: wealth, education, gender -Udit Misra

-The Indian Express An Oxfam report, titled ‘The Inequality Virus’, has found that as the pandemic stalled the economy, forcing millions of poor Indians out of jobs, the richest billionaires in India increased their wealth by 35 per cent. A new report by Oxfam has found that the Covid pandemic deeply exacerbated existing inequalities in India and around the world. The report, titled ‘The Inequality Virus’, has found that as the pandemic stalled...

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The Threat of Corporate Interests Is a Key Unifying Factor in the Farmer Protests -Ranjini Basu

-TheWire.in While rich farmers, who were so far aloof from the struggle, have been compelled to join the small peasantry in the face of a larger corporate threat, it is yet to be seen if the protests will temper existing inequalities. The present farmers’ struggle knocking at the doors of the capital is a culmination of many streams of ideologies, concerns and a wide class coalition. Like any dynamic mass movement, the...

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The post-Covid priority: Budget needs to ramp up spending on health and education -S Mahendra Dev

-The Indian Express Budget needs to ramp up spending on health and education. Pandemic has enhanced inequalities, shown up absence of safety nets. India is committed to achieving the Sustainable Development Goals (SDGs) by 2030, and social sector development is important in reaching them. Progress in this sector has intrinsic (for its own sake) and instrumental (for higher growth) value. It is needed even to build a $5 trillion economy faster. Inequalities...

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