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Budget 2021: Rejigging Social Sector Spending Priorities in the Wake of COVID-19

Budget 2021: Rejigging Social Sector Spending Priorities in the Wake of COVID-19 Besides the health sector, which obviously needs to be strengthened, both NREGA and NRLM deserve an allocation boost. A woman worker in the construction sector. Photo: Reuters/Adnan Abidi Preparation for the presentation of Union Budget 2021-22 is underway. Unlike in the past, it is expected that the priorities of this year’s budget will be different. The pandemic-battered Indian economy is struggling to bring itself back on track due to its falling GDP growth rate, the rise in unemployment and the impact that COVID-19 has left on people’s health. While COVID-19, followed by the lockdown, has contracted India’s GDP and revenue, demand for jobs, especially in the rural sector, and a shortage of health infrastructure need greater attention of the government.

Far from liberating farmers, farm laws put them at the mercy of government ( )

Mainstream Mainstream, VOL LIX No 3, New Delhi, January 2, 2021 Far from liberating farmers, farm laws put them at the mercy of government | Jean Drèze Saturday 2 January 2021 Synopsis It is, of course, right to make space for regulation in the trade area. The idea that unregulated markets serve the public interest, quite flawed in general, is also odd in the case of agricultural marketing. Unregulated agricultural markets often raise problems related to uncertainty, equity, collusion, quality control, asymmetric information, economies of scale, contract enforcement and abuse of non- economic power, among other possible sources of so-called ‘market failure’. It is not difficult to take sides in the ongoing dispute between India’s farmers and GoI. On one side is a sea of brave, astute farmers who are giving us a beautiful example of solidarity and non-violent protest. On the other, an authoritarian government is doing its best to vilify and divide their movement. Naturall

View: Far from liberating farmers, the farm laws put them at mercy of government

Synopsis ​​It is, of course, right to make space for regulation in the trade area. The idea that unregulated markets serve the public interest, quite flawed in general, is also odd in the case of agricultural marketing. Unregulated agricultural markets often raise problems related to uncertainty, equity, collusion, quality control, asymmetric information, economies of scale, contract enforcement and abuse of non-economic power, among other possible sources of so-called ‘market failure’. AP There is no prize for guessing that these powers will be largely exercised on behalf of agribusiness and other corporate interests. It is not difficult to take sides in the ongoing dispute between India’s farmers and GoI. On one side is a sea of brave, astute farmers who are giving us a beautiful example of solidarity and non-violent protest. On the other, an authoritarian government is doing its best to vilify and divide their movement. Naturally, one’s heart goes out to the farmer

DRAMA at the Farm Gate

DRAMA at the Farm Gate December 22, 2020, 1:07 AM IST By Jean Drèze It is not difficult to take sides in the ongoing dispute between India’s farmers and GoI. On one side is a sea of brave, astute farmers who are giving us a beautiful example of solidarity and non-violent protest. On the other, an authoritarian government is doing its best to vilify and divide their movement. Naturally, one’s heart goes out to the farmers. That, however, does not settle the merits of the case. Could it be that the farmers are mistaken or misled? That is what GoI and its supporters are trying to argue. The farmers, they claim, are confused about their own interests. Unbeknown to them, they stand to gain from the three Acts that the government magnanimously passed for their benefit, particularly the Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act 2020.

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