-Financial Express This is of special interest as FY22 was challenging on several fronts, needing govt intervention Budget FY23 will, of course, be important for the content and its take on the economy, given the Union government has to necessarily take a call on how it thinks the third wave has affected the economy and accordingly make provisions in the Budget. But, also important will be the revised numbers for the different estimates...
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WHO Doesn’t Trust India’s COVID-19 Death Figures: Prabhat Jha -Karan Thapar
-TheWire.in In an interview with Karan Thapar, the epidemiologist said the reason the WHO doesn’t trust India’s COVID-19 death count is because the undercounting is substantially greater than in other countries. Prabhat Jha, one of the world’s most highly regarded epidemiologists, has said that the World Health Organisation (WHO) does not trust India’s COVID-19 death figures and, therefore, when it made its first estimate of global deaths, it did not include India’s...
More »Wholesale inflation surges to 30-year-high at 14.23 per cent
-The Telegraph The November figures stand out vis-a-vis a modest 2.29 per cent in the same month last year Wholesale inflation spiked to a 30-year high at 14.23 per cent in November — a level that hasn’t been seen since India embraced economic liberalisation in 1991. The surge was led by a vault in the prices of food, fuel and power, basic metals and chemical products. Inflation based on the wholesale price index (WPI)...
More »Rs.10,000 crore more for MGNREGA scheme -Priscilla Jebaraj
-The Hindu However, the job scheme’s balance sheets remain in the red in 24 States, UTs. The Finance Ministry has allocated additional funds of ₹10,000 crore as an interim measure for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme after it ran out of funds allocated in the budget, according to the Ministry of Rural Development (MoRD). More funds may be forthcoming based on the “assessment of demand,” added the...
More »Around 5 crore MGNREGA workers and their families will have to spend their Diwali without food & sweets due to pending wages
-Press release by Peoples' Action for Employment Guarantee dated 3rd November 2021 About 8 crore NREGA payments are pending as on November 3, 2021 according to Report 8.1.1 of the NREGA Management Information System (MIS). This means, for nearly 5 crore workers across the country this will be a Kali Diwali. Following the raging debate about NREGA funds running out with 5 months remaining, the People’s Action for Employment Guarantee (PAEG)...
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