-The Hindu Fighting inequality must be at the heart of our economic rescue and recovery efforts One of the most incisive and hard-hitting comments on the real import of the COVID-19 crisis came from none other than the United Nations Secretary General, Antonio Guterres. He said: “COVID-19 has been likened to an x-ray, revealing fractures in the fragile skeleton of the societies we have built. It is exposing fallacies and falsehoods everywhere:...
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One out of five in informal sector are out of work post Lockdown -Prashant K Nanda
-Livemint.com More than two-thirds (69%) of those employed in February had lost work during the Lockdown, the survey said Almost one out of every five workers in the informal sector are either out of labour market or remain unemployed, said a new survey by the Azim Premji University for the post-Lockdown October-December period found. The survey showed that while 3% were unemployed and 4% more were out of the labour market in the...
More »Union Budget 2021-22: What should be the priorities for agriculture? -Gurpreet Singh
-Down to Earth Increasing budgetary allocations towards Rural Employment Guarantee Act is non-negotiable The agriculture sector has continued to serve as a lifeline at a time when the novel coronavirus disease (COVID-19) pandemic has hurt every economic activity in an unprecedented manner. It has not only ensured food supply but also provided livelihoods to daily-wage workers during the Lockdown, providing the last resort for those rendered homeless. The Union Budget 2021-2022 to...
More »Once in a Century Budget: Statement of Fact or Hope? -Arun Kumar
-TheWire.in The pandemic and Lockdown threw existing budgetary calculus completely out of line. But that provides an opportunity too. In December 2020, talking at a CII meet, finance minister Nirmala Sitharaman reportedly stated: “100 years of India wouldn’t have seen a budget being made post-pandemic like this”. Was it a mere statement of fact, that never before had parts of the budget-making process been done in a virtual manner after a pandemic, or...
More »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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