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Rebooting Economy 64: Budget numbers don't add up to 10% or more growth in FY22


Rebooting Economy 64: Budget numbers don t add up to 10% or more growth in FY22
Little attention to direct income support, health and education deprivations, and revival of small businesses will keep the demand and production of goods and services depressed in FY22
Prasanna Mohanty | February 6, 2021 | Updated 18:35 IST
Just ahead of the budget, the FY20 growth was reduced from 4.2% to 4%, which will lift the FY22 growth rate
True to the trend, the budget for FY22 neither acknowledges nor seeks to address the biggest challenges that the pandemic-induced lockdown brought: massive loss of jobs and businesses, particularly smaller businesses; deepened poverty and hunger and worsened health and education inequalities. (For more read ....

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Rebooting Economy 63: Budgeting FY22 with critical information gaps


Rebooting Economy 63: Budgeting FY22 with critical information gaps
India has no data on jobs lost and businesses shut; no estimate of how many would have slipped into poverty or how income, health and education inequalities would have risen due to the pandemic. How will the Budget 2021 allocate resources appropriately to revive growth and bring development?
Prasanna Mohanty | January 30, 2021 | Updated 13:58 IST
Credible and adequate data is needed for the budget to determine the path to revive demand, incipiently pre-pandemic but worsened due to the lockdown
A few days to go for the first post-pandemic budget, there are great expectations from it, especially since the first advance estimates (AE) project the GDP growth to fall to minus 7.7% in FY21. The expectations are not just about quick recovery in the GDP growth but also revival of jobs, businesses and investments lost first to the pre-pandemic slowdown and then to the lockdown. It has been a long and painf ....

Nirmala Sitharaman , Aatmanirbhar Bharat , Pradhan Mantri Garib , Ayushman Bharat , Azim Premji University , Brookings Institute , Ministry Of Home Affairs , National Crime Record Bureau , Periodic Labour Force Survey , Partnership Summit On , Finance Minister Nirmala Sitharaman , Pradhan Mantri Garib Kalyan Rozgar Yojana , Outlook Report , Difficult Ascent , Niti Aayog , Drugs Controller General , Bharat Biotech , Home Affairs , ப்ர்யாட்ஹந் மந்திரி காறிப் , ஆயுஷ்மான் பாரத் , அஸிம் ப்ரேம்ஜி பல்கலைக்கழகம் , ப்ரூக்கிங்ஸ் நிறுவனம் , அமைச்சகம் ஆஃப் வீடு வாழ்க்கைத்தொழில்கள் , தேசிய குற்றம் பதிவு பணியகம் , குறிப்பிட்ட கால இடைவெளியில் தொழிலாளர் படை கணக்கெடுப்பு , கூட்டு உச்சிமாநாடு ஆன் ,