-Press release by NREGA Sangharsh Morcha dated 30 January, 2022 The stress on the Economy became evident, especially in the aftermath of the raging pandemic from the 7.3% contraction in GDP in 2020-21. The distress faced by poorer households has continued over a period of time with the pandemic acting as a catalyst in increasing the woes of such households. In a latest round of survey conducted by People’s Research on...

-Newsclick.in India needs a larger government expenditure on transfers to the working people. For such larger expenditure, resources have to be raised through greatly increased taxation of the rich- a reversal of the perverse fiscal strategy the government has pursued so far. The Indian Economy is currently caught in a vicious spiral of inflation, stagnation and a widening of the fiscal deficit. And this spiral is set to become even more vicious...

-TheWire.in How did the onset of the pandemic affect already-struggling budget management, how did the second wave affect the measures taken in Budget 2021-22 and what should we look for in the upcoming Budget? The latest estimates suggest that India’s economic output in 2021-22 is likely to, once again, reach the level it was at in 2019-20. If this happens, the pandemic would have delayed India’s journey to prosperity by two years....

--Press release by the National Coalition on the Education Emergency (NCEE) dated January 29, 2022 An education emergency of unprecedented proportions has severely impacted hundreds of millions of children in India. Prolonged school closures have caused learning deprivation, student dropout, increased child labour, malnutrition, and early marriages that are compromising the future of our country. It is time to open schools and massively increase funding of public education with a clear focus...

-The Hindu Policy efforts to formalise the Economy will have limited results as the bulk of informal units are petty producers Since 2016, the Government has made several efforts to formalise the Economy. Currency demonetisation, introduction of the Goods and Services Tax (GST), digitalisation of financial transactions and enrolment of informal sector workers on numerous government Internet portals are all meant to encourage the formalisation of the Economy. But why the impetus...