Budget 2023's allocations for most critical social security schemes have declined in real terms, says economist Jean Dreze - IndiaSpend The last full Union budget before the next general elections in 2024, which was presented on February 1, gets "a big zero" in terms of welfare spending from economist and social activist Jean Dreze. Budget allocations for most critical social security schemes have declined in real terms, Dreze said. The Union government withdrew...
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Monetary Policy Alone Inadequate To Tame Inflation -Dr. Amar Patnaik
-NDTV.com At a time when Consumer Price Index (CPI) inflation has remained above RBI's upper tolerance level of 6% for seven consecutive months and the WPI inflation rates are at the highest levels since January 2007, it is good that the issue was finally discussed in parliament and the RBI's recent rate hike signals recognition of the concern. However, during the debate in the parliament, the Treasury bench largely took a...
More »Is there a case for free rides for women? -Sandip Chakrabarti & Akshaya Vijayalakshmi
-The Hindu Revenues from appropriately charging personal transport can make public transport cheap Women may soon get to travel for free on buses and Metro trains in Delhi. This gender-based public transport fare subsidy programme, announced by the Aam Aadmi Party government, has not been tested anywhere in India in the past. Proponents claim that the policy will protect and liberate women. Critics argue that it is financially unviable and unfair. As...
More »Why linking MGNREGA payments to Aadhaar is a mistake -Debmalya Nandy
-Down to Earth How did the government apply Section 7 of the Aadhaar Act to the payments of MGNREGA remuneration, which in no way seem to be in accordance with the guidelines of the Act The payments of wages in MGNREGS (Mahatma Gandhi Rural Employment Guarantee Scheme) are done through the Aadhaar Payments Bridge (APB) using the Direct Benefit Transfer (DBT) systems. Section 7 of the Aadhaar Act has been applied to...
More »Jean Dreze, development economist, interviewed by G Sampath (The Hindu)
-The Hindu The Indian education system would be a good place to start with reforms, says the development economist Jean Drèze is possibly the world’s most famous Belgian-Indian. He has lived in India since 1979, and is an Indian citizen. As a development economist and activist, he has helped draft some startlingly pro-people legislations, such as the Mahatma Gandhi National Rural Employment Guarantee Act, 2005, and the National Food Security Act, 2013....
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