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The post-Covid priority: Budget needs to ramp up spending on health and education -S Mahendra Dev

-The Indian Express Budget needs to ramp up spending on health and education. Pandemic has enhanced inequalities, shown up absence of safety nets. India is committed to achieving the Sustainable Development Goals (SDGs) by 2030, and social sector development is important in reaching them. Progress in this sector has intrinsic (for its own sake) and instrumental (for higher growth) value. It is needed even to build a $5 trillion economy faster. Inequalities...

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Will Congress's NYAY Really Mean Justice for the Poor? -Anjana Thampi and Ishan Anand

-TheWire.in Any policy that seriously intends to reduce poverty and deprivation should increase Social Sector Spending and look to universalise basic services. On Monday, Congress president Rahul Gandhi promised a minimum income guarantee scheme or Nyuntam Aay Yojana (NYAY) if voted to power in the upcoming Lok Sabha elections. The proposal involves a transfer of Rs 72,000 per year to 20% of the poorest families in India. He claimed that this “is...

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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...

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Public hearing reveals poor implementation of NFSA and other entitlement-based schemes

A national-level public hearing, which was organized at the Gandhi Peace Foundation (Delhi) on 15th March, 2018, has revealed that the intended beneficiaries of various entitlement-based welfare schemes and programmes of the Central government are witnessing difficulties and impediments in accessing the benefits and services. During the public hearing, which was organized by the Right to Food Campaign along with partnering grassroots-level organizations, poor and marginalized citizens from across 14 states...

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Budget 2018 to focus heavily on infra, rural spend, says ICRA -Joe C Mathew

-Business Today Social Sector Spending and investments in infrastructure development could be the highlights of the forthcoming Union Budget 2018-19, credit rating agency ICRA forecasts. It expects increase in budgetary allocations for social infrastructure and social security spending, such as NREGA (rural job security), food subsidy (food security), insurance schemes and welfare pensions. Larger allocations for infrastructure related to cold chains, etc., considered to boost the agricultural sector and the rural...

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