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Budget Briefs: FY 2022-23 PM Awas allocation doubled, 77% houses completed - Neeha Susan Jacob, Anwesha Mallick, Avani Kapur

Accountability Initiative, Centre for Policy Research In Financial Year (FY) 2022-23, Government of India (GoI) allocated Rs 20,000 crore Budget Estimates (BEs) for the PM Awaas Yojana - Gramin, slightly lesser than the previous year’s Revised Estimates (REs). With an additional amount of Rs. 28,422 crore allocated as supplementary budget in December 2022, revised allocations stand at Rs 48,422 crore. This is more than double the previous year’s REs. In the first...

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What data told us about India in 2022 - Akshi Chawla

DeCEDA/Qrius 2022 was a milestone year for India. India walked into 2022 with an infectious wave of Covid-19 impacting lakhs of people, the wave receded a few weeks into the year. As hopes for a post-pandemic recovery surged, war in Ukraine brought in new challenges for the economy. With supply chains disrupted, global sanctions imposed on Russia, prices of fuel and food shot up. Inflation, already on a high from pent-up...

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India’s Manufacturing Growth Slowdown a Decadal Problem -Deepanshu Mohan In India’s growth trajectory, for over a decade, domestic private investment levels have remained consistently low and so has (domestic) manufacturing growth.  As per recent quarterly estimates, India’s growth rate slowed to 6.3% in the September quarter of 2022-23. There is evidence of a notable contraction in output of manufacturing that’s pulling down growth. This author has previously argued that quarterly growth estimates may not reveal the real state of an economy....

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ILO regional meet begins on December 6; Director-General calls for social security for all -AM Jigeesh

-The Hindu Strong and effective Gender-responsive policies and institutions of work that are oriented towards human-centred recovery needed in the Asia-Pacific region, says Gilbert F. Houngbo “Integrated policy agenda for a human–centred recovery that is inclusive, sustainable and resilient” is the theme of the 17th Asia and the Pacific Regional Meeting (APRM) of the International Labour Organisation (ILO) beginning in Singapore on Tuesday. In his report on the theme, ILO Director-General Gilbert F....

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