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Blissful ignorance -Jayati Ghosh

-The Telegraph The Union budget is an embodiment of unequal fiscal policy The finance minister and her ministry have betrayed, once again, their lack of understanding of the Indian economy or the conditions under which most Indians are living today. Despite attempts to ‘talk up’ the supposed recovery, the economy is weak and most people are hurting. India has seen one of the biggest increases in the number of poor and hungry people...

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Aruna Roy, social activist and founder of the MKSS. interviewed by Sneha Philip and Smarinita Shetty (IDR)

-IDROnline.org/ TheWire.in "The problem with Indian democracy is that despite the presence of millions of voters, the pool of decision makers get smaller and narrower at the top." Aruna Roy is a social activist and founder of the Mazdoor Kisan Shakti Sangathan (MKSS). Her work and leadership led to the enactment of the Right to Information (RTI) Act 2005—a landmark act that empowers citizens to demand transparency and accountability from government institutions....

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Are we overestimating the fiscal boost to the economy? -Roshan Kishore

-Hindustan Times Gross domestic product (GDP) statistics are released at both current and constant prices. The latter discounts inflation (more on this later) from the base year of the current GDP series. Let’s assume it takes a tonne of steel to build half a kilometre of road. Let’s also assume steel costs ₹1,000 a tonne and there is a tax of 10% on steel. Now, if steel prices doubled in a year,...

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MSP Will Stop Corporate Encroachment in Agriculture, Ensure Domestic Food Security -Navpreet Kaur and C Saratchand

-Newsclick.in A guaranteed MSP system will also reduce public storage costs/wastage if it is complemented by a universal public distribution system. The year-long protest by farmers and workers compelled the Centre to repeal the three contentious farm laws, which were designed to further corporate encroachment in agriculture, on November 29. On December 11, the protest ended but not before the protesters reiterated their demand for a legal guarantee on Minimum Support Price...

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Mainstreaming climate resilience through MGNREGS: Learning from Tamil Nadu’s Tiruvannamalai -Nambi Appadurai and Sowmithri VR

-Down to Earth Blog The district set a record for creating 1,121 farm ponds in 30 days in September 2021, in line with the recently launched state climate mission In September 2021, Tamil Nadu’s Tiruvannamalai district set a record for creating 1,121 farm ponds in 30 days by leveraging the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). The initiative’s aim was to ensure adequate water for agricultural and domestic purposes throughout the...

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