-Hindustan Times The World Bank should ensure “greater transparency and accountability” while factoring in subjective opinion-based indices as inputs for its World Governance Indicators (WGI) that has significant weightage in sovereign ratings, the Economic Advisory Council to the Prime Minister (EAC-PM) said in a series of tweets citing an internal working paper, and called for independent Indian Think Tanks to bring out similar perception-based indices for the world in order to...

-The Hindu Post-COVID learning for children should be accelerated, says World Bank’s Global Director for Education Jaime Saavedra. World Bank’s Global Director for Education Jaime Saavedra was in India last week to meet Union Education Minister Dharmendra Pradhan and governments of Gujarat and Uttar Pradesh to discuss concerns over learning losses for children due to the COVID-19 pandemic and the need for concerted efforts to bridge these gaps. In a sit-down interview...

-The Hindu There are many indices of proof that seriously contradict the tall claims of employment generation in India Reports on and the visuals of the recent agitations by railway job applicants reveal a widespread problem of massive job insecurity among India’s youth. Alarming figures of unemployment have been recurrent even before the huge dislocation unleashed by lockdowns imposed in 2020-21 in the wake of the COVID-19 pandemic. Much before the pandemic,...

-The Hindu In any new National Water Policy, the aim should also be to encourage conserving water resources and efficient usage The complexity and scale of the water crisis in India calls for a locus specific response, that can galvanise and integrate the ongoing work of different Ministries and Departments through new configurations. Such an integrated approach must necessarily cut across sectoral boundaries and not stop at the merger achieved between the...

Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...