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Ratan Tata and Justice K.T. Thomas appointed as trustees for PM CARES Fund

-The Telegraph The ambit of the corpus created to fight public health emergencies widened but its veil stays intact The veil on the PM CARES Fund — the corpus created to battle the Covid-19 crisis without the tiresome need for any audit scrutiny — remained firmly in place even as its newly-appointed trustees decided on Wednesday to widen the scope of its operations. Prime Minister Narendra Modi chaired a virtual meeting of the...

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Delhi HC to hear pleas over legal status of PM CARES fund on January 31

-PTI/ The Hindu In July, the court had asked the Centre to file a ‘detailed and exhaustive’ reply on the petition by Samyak Gangwal seeking to declare the PM CARES Fund a ‘State’ The Delhi High Court on September 16 listed for hearing on January 31 pleas concerning the legal status of the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) under the Constitution and the Right...

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Wheat export ban, food security and public health -Harinder Happy And Shivam Mogha

-The New Indian Express Rice has never been a staple food of Punjab, and the irony is that the rice crop covers the largest fertile area in Punjab. The recent developments regarding the international trade of Indian wheat has sparked a debate about India’s export policies. Besides the economics of the export ban move and India’s foreign policy, the public health perspective should also influence decisions regarding  the trading and distribution of...

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All is Not Well With India's Gig Economy -Nilanjan Banik

-TheWire.in The bargain between companies and their 'employees' must become more equitable. The continuation of the Russia-Ukraine war is raising the fear of an imminent stagflation (a combination of inflation and unemployment led by a low growth). Worldwide inflation numbers are on the rise. Most sources of data are suggesting a higher inflationary regime. In March 2022, the US, the largest economy in the world, recorded a 41-year high inflation of 8.1%....

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PM CARES Collected Rs.10,990 Crore Till March 2021, Spent ₹ 3,976 Crore -Arvind Gunasekar

-NDTV.com Billed as a "dedicated fund with the primary objective of dealing with any kind of emergency...", PM CARES spent ₹ 3,976 crore in the first year of its operation New Delhi: 64 per cent of the Rs.10,990 crore collected by the PM CARES Fund between March 27, 2020, and March 31, 2021, remained unused as of the latter date, according to data accessed by NDTV. As of March 2021, the PM CARES...

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