-ThePrint.in V. Anantha Nageswaran says he is surprised by Fed's hawkishness in hiking rates. With US inflation hitting 4-decade high in February, Fed raised rates in March and plans more hikes. New Delhi: Expectations of the United States Federal Reserve hiking rates aggressively in 2022-23 to contain inflation, and volatility in global crude oil prices as result of the Russian invasion of Ukraine, are two strong headwinds confronting the Indian economy in...
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Fund green India -Tanvee Kanaujia and Jyotsana Singh
-The Telegraph India’s decarbonization targets as laid out at COP26 may require enhanced funding The Union finance minister, Nirmala Sitharaman, made energy transition and climate action focal points in this year’s budget. The ministry of environment, forest and climate change secured an allocation of Rs 3,030 crore. Yet, the question as to whether the financing would be adequate to ensure a timely transition to a sustainable environment stands. At COP26 held in Glasgow,...
More »Civil society members are unhappy with the abysmal rise in notified wage rates for MGNREGA in FY 2022-23
-Joint Press Note released by NREGA Sangharsh Morcha network and People’s Action for Employment Guarantee (PAEG) dated March 31, 2022 The wage rates for NREGA workers for FY 2022-23 were notied on 28.03.2022. The notication of the wage rate has been extremely late, with only 3 days remaining for the beginning of the next nancial year. Such a delay prevents any discussion or debate regarding the wage rates or their adequacy....
More »Cloud on funds for states’ rural job scheme budgets -Basant Kumar Mohanty
-The Telegraph The social audits take note of issues such as the card holders’ grievances and whether projects have been completed correctly The Centre has linked approval for the states’ rural job scheme budgets to their performance on certain transparency measures, hanging a cloud over funds release under the programme from April 1. The Union rural development ministry on Tuesday wrote to all the states seeking information by Wednesday on the social audits...
More »Learning loss a tragedy, but no mention in Union budget: Raghuram Rajan -Ranjitha Gunasekaran
-The New Indian Express He said that instead of spending on the PLI schemes, the Centre should invest in filling the gaps in our education system, strengthening higher education, skilling, research, and development. Former Governor of Reserve Bank of India, Raghuram Rajan has expressed concern over lack of focus on the learning loss caused due to Covid-19 among school children in the Union budget, while a significant amount of money was allocated...
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