-TheWire.in Modi did not want only to prevent a second wave; he wanted all the credit for stopping COVID-19 in its tracks to go to him and him alone. In her heart-rending description of her desperate search for oxygen to save her father’s life, the celebrated TV news anchor Barkha Dutt ascribed his death to three features of governance that have defined Modi’s India: complacency, callousness and incompetence. She could have added...
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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,...
More »PM-Kisan first installment late; Covid blamed -Harikishan Sharma and Parthasarathi Biswas
-The Indian Express The first installment is due between April 1 and July 31. Last year, most beneficiaries received the money in their bank accounts between March 24 and April 20. This year, as April ends, no farm households has received any money. Pune: Amid the surge in Covid-19 cases, the wait of over 9 crore farmer families for the first installment of their PM-Kisan payout for the financial year 2021-22, is...
More »RBI sanctions Rs 21K crore: Punjab gets CCL for wheat procurement
-The Indian Express The Central government has fixed the Minimum Support Price (MSP) of wheat at Rs 1975 per quintal, hiking it by Rs 50 from last year’s Rs 1925 per quintal. Chandigarh: Ahead of the wheat procurement that starts from April 10 in the state, the Reserve Bank of India (RBI) on Monday cleared a sum of Rs 21,658.73 crore towards Cash Credit Limit (CCL) up to end April, 2021 for...
More »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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