-The Hindu More than half the defence budget is allocated for pensions every year while less than 5% is allocated for research and development One key reason for the Agnipath scheme, which aims to recruit defence personnel in short-term contracts, could be to reduce increasing pension payments in the Army, Navy, and Air Force. More than half the defence budget is allocated for pensions every year while less than 5% is allocated...
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India's military spending 3rd highest in world after US, China: Reports
-ANI/ DeccanChronicle.com According to the Stockholm based institute, India's military spending was up by 0.9 per cent from 2020 and by 33 per cent from 2012 Stockholm (Sweden): World Military expenditure reached an all-time high of USD 2.1 trillion in 2021, the Stockholm International Peace Research Institute (SIPRI) said on Monday, adding that the top three largest spenders were the United States, China and India. "Total global Military expenditure increased by 0.7 per...
More »Maitreesh Ghatak, Professor of Economics at London School of Economics, interviewed by Tathagata Bhattacharya (National Herald)
-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
More »Why We Need to Abandon Target-Driven Welfare -Manabi Majumdar
-TheWire.in Based on a militarised notion of ‘targeting’, such welfare policies deny citizens the right to basic services. In an incisive analysis on anti-poverty and other social security programmes, Professor Amartya Sen astutely asks why the notion of targeting, which is essentially a military concept, is so routinely invoked in analytical discourses on basic welfare rights for the people as well as in policy framing in this respect. Indeed, why would an...
More »Where have all the women gone? -Charan Singh
-The Hindu Business Line The government must open up conventional and unconventional avenues for women to find their way into the workforce Officials in the finance ministry are busy with budgetary consultations. At the outset, it needs to be recognised that the Union Budget is more than a mere accounting exercise as it lays out the vision of the government and provides a strategy to implement it during the course of that year. In...
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