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Raw deal for farmers -Vijoo Krishnan

-Frontline.in The Budget lacks any serious effort to address the main issues of unemployment, agrarian distress and falling incomes, revealing a high level of official insensitivity. A Budget during a time of recession, increasing unemployment, agrarian distress, falling incomes, demand constraint and malnutrition would have done well to first acknowledge the mess that policies have created and then taken steps to provide employment, boost rural incomes, increase purchasing power and thereby demand. Coming...

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Economic Survey: Focus on wealth of big business than wealth and health of nation -Surajit Das

-Newsclick.in The Economic Survey 2019-20 indicates that the government’s broad policy direction will remain the same -- of neglecting the social sector and serving the interests of the big businesses. This year’s Economic Survey begins with emphasising the importance of wealth of nations (inspired by Adam Smith) and depicts long-term contributions of the US, China, India and various other countries in world GDP (gross domestic product). The shares of China and India...

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What economic slump really means for workers -Shiv Inder Singh

-Newsclick.in Punjab is industrialised and its agriculture is mechanised. The state is in the grip of a downturn which has hurt the migrant poor most. The Union Budget is the talk of the town, but the economic downturn is not. The prevailing economic situation has hurt all sectors of the business and economy. One symptom of the downturn is that unemployment has broken a 45-year record. Even if these facts are known,...

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An SOS from Bharat's poorest citizens -Sayantan Bera

-Livemint.com * The budget barely increased funding to social welfare schemes at a time India’s poorest desperately need succour * At the beginning of every financial year, social schemes start with arrears, leading to delayed payments. To break this vicious cycle, funding needs to be increased MUZAFFARPUR (BIHAR): "Dena hi padega BDO, dena hi padega Har haath ko kaam aapko, dena hi padega." (You have to, oh BDO, you have to You have to give work...

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MGNREGA allocation is way off the mark to uplift the rural economy & address economic downturn, say Right to Work activists

  The Union Budget 2020-21, which was presented by the Finance Minister Smt. Nirmala Sitharaman on 1st February, 2020 has failed to impress civil society activists and farmers' rights groups (click here  and here). Through their press releases and notes, members of CSOs were demanding as well as suggesting the Union Government for hiking the budgetary allocation for schemes like Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and Pradhan Mantri...

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