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How India's Financial Inclusion Infrastructure Failed During the Pandemic -Isabelle Guérin, Nithya Joseph and G Venkatasubramanian

-TheWire.in Despite the fact that India's financial inclusion infrastructure has a complex mix of self-help groups and small private banks offering credit to the poor, it has failed to deliver during the pandemic. When the pandemic struck, policymakers and prominent economists across the world called for financial infrastructures to be strengthened. They argued this would support the efficient channeling of relief through cash transfers or cheap loans. India was no exception to...

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NREGA wage delay adds to Covid pain -Basant Kumar Mohanty

-The Telegraph Workers yet to receive a month's payment from Centre and state at a time, no work is available owing to the pandemic Koushalya Hembram, 42, of Jharkhand’s West Singhbhum district worked under the rural job scheme for 21 days in April. But the unmarried resident of Podahat village had not received her wages till Monday. No other work is available in her area amid a resurgent Covid. “I keep checking my mobile...

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Second wave wreaking havoc on rural lives. Will it impact rural livelihoods as well?

With the rise in Covid-19 daily new cases and daily new deaths since March this year, media reports (please click here and here) on migrant workers returning back to their native places (i.e. places of origin) from migration destinations (i.e. workplaces likes cities and large industrial towns to where the informal and low skilled workers from the marginalised sections of the society migrate seasonally, and sometimes for a longer duration,...

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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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Dialogues for democracy, lessons from Rajasthan -Sakina Dhorajiwala, Puma Chandra Kishan and Rajendran Narayanan

-The Hindu Federalism and good governance need engagement between people and officials, as the MGNREGA programme shows It is 45 days and counting since lakhs of farmers have gathered in Delhi protesting against the farm laws. Leaving aside the merits and demerits of the laws, many are aggrieved about the process of promulgation of the laws as it lacked any consultation with those that the laws are purportedly meant to serve. Very often,...

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