-Scroll.in To truly create sanctuaries of learning and questioning, the right to be heard impartially must be universal. Pratap Bhanu Mehta’s resignation from Ashoka University has been met with widespread condemnation from various academics. Rightly so. He is one of the foremost scholars and an articulate commentator on the Indian Constitution and politics. His resignation triggered the resignation of the renowned economist, Arvind Subramanain, who was India’s Chief Economic Advisor between 2014...
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Can New Mortality Data Explain India's Low COVID Death Numbers? -Rukmini S
-IndiaSpend.com As Researchers caution against declaring India's second COVID-19 wave to be less deadly than the first, we look for clues in excess mortality data from Kerala and Mumbai to shed light on India's comparatively low COVID-19 mortality Chennai: More than one year into the COVID-19 pandemic, India is beginning to take the first steps towards answering a key question--is there something unusual about COVID-19 mortality in India? Mortality is at the...
More »Coronavirus: Pandemic may have doubled poverty in India, says Pew study
-The Hindu Pew Research report suggests middle class may have shrunk by 30% and number of poor risen by 7.5 crore India’s middle class may have shrunk by a third due to 2020’s pandemic-driven recession, while the number of poor people — earning less than ₹150 per day — more than doubled, according to an analysis by the Pew Research Center. In a comparison, Chinese incomes remained relatively unshaken, with just a...
More »India’s middle class shrank by 32 mn in 2020, says Pew report -Asit Ranjan Mishra
-Livemint.com The shrinking of middle class population could have a medium-term impact on India’s growth trajectory The coronavirus pandemic may have shrunk India’s middle-class population by 32 million and driven 75 million below the poverty line in 2020, a Pew Research Centre report said, as a severe recession walloped Asia’s third-largest economy. The report, which is based on an analysis of World Bank data, said that in comparison China fared much better, with...
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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