Total Matching Records found : 56

The country should worry about further deepening of economic inequality in the post-COVID period

The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...

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Compared to other South Asian countries, India fares poorly in terms of food and nutrition security, indicates SOFI 2020 report

In his Mann ki Baat speech delivered on 30th August, 2020, Prime Minister Shri Narendra Modi said that the month of September 2020 will be observed as Nutrition Month (POSHAN Maah) in the entire nation. In his address to the nation on that day, he highlighted that for children to be well-nourished, the mother should receive proper and adequate nutrition. In this context, it is important to discuss the 11 different...

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Prabhat Patnaik, an economist and former economics professor at the Jawaharlal Nehru University, interviewed by Kaushal Shroff (The Caravan) In the budget unveiled in July, the finance minister Nirmala Sitharaman ambitiously claimed that India’s economy would hit $5 trillion by 2025. In the weeks that followed, the Central Statistics Office revealed that the gross domestic product growth rate for the April–June quarter fell to a six-year low of five percent; the Reserve Bank of India cleared a surplus transfer of Rs 1.76 lakh crore to the union government; and...

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NYAY is an important first step toward social justice -Vani S Kulkarni and Raghav Gaiha

-Hindustan Times Better health and education facilities, and expansion of old age pension and insurance must follow to improve the socio-economic status of the people . A battle cry of the Congress in the current election is the Nyuntam Aay Yojana (Nyay), which promises Rs 6,000 per month to the poorest 20% of the households. Some have questioned its rationale. Others have questioned its feasibility. Still others have been laudatory about it....

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Limits of handout politics -Rama Bijapurkar and Rajesh Shukla

-The Indian Express Congress may be talking to economists and experts. But is it listening to the voter? Congress president Rahul Gandhi’s plan for a “surgical strike on poverty” is built around some key numbers: Rs 12,000, the target minimum monthly income for a household; 5 crore households (amounting to 20 per cent of all Indian households); Rs 6,000, their average monthly earning; and therefore, Rs 6,000, the monthly amount required...

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