-Newsclick.in The latest education budget needs condemnation but got kudos. In recent times there has been growing discontent in universities and colleges over rising fees and cost of education. The growing worries about access to higher education for students of modest means extend beyond this, to the steady privatisation of higher education. Already, according to the government’s own data, nearly 77% of the colleges, accounting for about two-thirds of the students, are...
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Economic Survey: Focus on wealth of big business than wealth and health of nation -Surajit Das
-Newsclick.in The Economic Survey 2019-20 indicates that the government’s broad policy direction will remain the same -- of neglecting the social sector and serving the interests of the big businesses. This year’s Economic Survey begins with emphasising the importance of wealth of nations (inspired by Adam Smith) and depicts long-term contributions of the US, China, India and various other countries in world GDP (gross domestic product). The shares of China and India...
More »What economic slump really means for workers -Shiv Inder Singh
-Newsclick.in Punjab is industrialised and its agriculture is mechanised. The state is in the grip of a downturn which has hurt the migrant poor most. The Union Budget is the talk of the town, but the economic downturn is not. The prevailing economic situation has hurt all sectors of the business and economy. One symptom of the downturn is that unemployment has broken a 45-year record. Even if these facts are known,...
More »A Union Budget for no one -Surajit Das
-Newsclick.in The poor, salaried, businesspersons -- all are unhappy. For, the underlying macroeconomics is wrong – the finance minister is trying to solve the aggregate demand problem by supply-side economics. The annual budget of the Union government was placed in Parliament on the February 1, 2020. In the very beginning of her second budget speech, finance minister Nirmala Sitharaman mentioned that “this is the Budget to boost their (people of India) incomes...
More »Farm suicides: Under-reported realities of Indian women farmers -Shilpa Shaji
-Newsclick.in According to NCRB, as many as 3,53,803 farm suicides have taken place between 1995 and 2018 across the country. 85.81% of the deceased were male farmers, indicating that around 50,188 female farmers had ended their lives in this period. “I had to struggle eight long years to get one acre of land transferred to my name after the death of my husband,” said Vidya More, a 38-year-old woman farmer who had...
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