Kerala Demographic Challenge and the Way Forward

-
Image
#opinion Kerala is a state that is often considered one of the best places to live in India. It ranks high on multiple indices of the NITI Aayog and boasts impressive Human Development Indicators such as literacy rate, healthcare, education, and low corruption. This success is attributed to the contributions of visionary leaders, irrespective of political affiliation, as well as public participation in socio-politics, policymakers, subject experts, the erstwhile Travancore Kingdom, and many others. This collective effort has led to what is known as the Kerala Model of Development. The state is among the top ten in terms of both GDP and per capita income. Despite Kerala's significant progress in quality of life and human development parameters, there are other fronts where this success is lacking. Today, Kerala is in the news for negative reasons such as a financial crisis, decreased revenue, rising debt, high unemployment, brain drain, and other challenges. While some issues are ov
Post a Comment

Important takeaways from Indian Financial Budget 2021

-

On February 1st 2021, the Finance Minister of India, Mrs Nirmala Sitharaman presented the financial budget for the financial year 2021-2022. It was a significant budget this time as the country is going through the biggest pandemic of the century. On 29th January, the minister had submitted the Economic Survey for the year 2020-2021. 

Credits- The Indian Wire


Challenges to the budget

  • Economic revival 
  • Increase public spending 
  • Employment generation 
  • Fiscal deficit (9.5%)

The main takeaways from the budget

  1. A major push for digitalisation, as the FM read out the budget from a Made in India tablet. An app was also unveiled for people to know and understand the budget as well. 

  2. The speech was just over one and a half hours. 

  3. Increase in Health spending for this year at Rs 2.2 lakh Cr and Rs 35,000 Cr for Covid-19 vaccination. 

  4. Introduction of PM Atmanirbhar Swasth Bharat Yojana for improving healthcare infrastructure. 

  5. No change in Income tax slabs this year.

  6. Exemption for senior citizens from Income Tax returns. 

  7. Increase in customs duty on electronics, cars etc. These are aimed to reduce imports and promote indigenous products. Increase in customs duty on agricultural products as well. 

  8. Customs duty reduced on Shoes, Gold, Silver, Platinum, Iron and Copper. 

  9. MSP for agriculture to be at 1.5 times production cost. 

  10. A new portal for the unorganised sector.

  11. Privatisation of PSUs, as well as disinvestment. Aimed at growth and employment generation. 

  12. Support for Startups and Small business. Including tax holidays. 

  13. Reduction in spending for the Education Sector. 

  14. Introduction of Agricultural (AIDC) cess in Petrol and Diesel. Rs 2 and Rs 4 respectively. 

  15. Support for fisheries and Seaweed cultivation. 

  16. More fund allocation for metros across the country, including Phase 2 of Kochi Metro.

  17. Push for Road infrastructure in poll-bound states of Tamil Nadu, Kerala, Assam, West Bengal, etc.

  18. Increase in FDI Insurance from 49 to 74%. 

  19. Fitness test for vehicles over 20 years and new vehicle scrapping policy. 

  20. Listing of LIC IPO. 

Hope this list is helpful to you for understanding the crux of this budget. Let's hope that Indian economy will further improve in the coming months. 

Suggested Reading 


Do read all posts on this blog by clicking on Info Daily.
This article will be upon Medium soon. 


Do read out old post and go-to medium to read more posts. 

Follow us 

Comments

Post a Comment

Popular posts from this blog

European Refugee Crisis- A Podcast

-
Image
Greetings to all listeners!! Human Rights have been the hot topic of the previous decade. It will continue to be a hot topic as we go ahead. But the main reason Human Rights came into the mainstream discussion was Refugee Crisis. It is not a new concept, but found relevance in the last decade due to a series of events starting from the Syrian Civil War in 2011, then war against terror in Iraq, Libya, Yemen, parts of Africa etc. Although the debate of Refugee crisis grabbed global attention only after it reached Europe. The first massive refugee crisis was soon after World War, after the massive destruction it created throughout Europe. That was when the 1951 Refugee Convention came into effect, later there was the 1967 Geneva Protocol. Now, we have seen another refugee crisis in Europe were refugees from the Middle East, Afghanistan, Africa etc came to the doorstep of Europe knocking the doors of the EU. Today we are decoding the events leading to that, how Europe reacted, it's
Read more

News Capsule for the Month of December 2023

-
Image
Following are the top news for the month.   If you wish to follow and get notifications of future articles, you can sign up using the email on the left sidebar.  Article of the month Kerala  'Unwarranted Intervention Of Kerala Govt': Supreme Court Quashes Re-Appointment Of Kannur University Vice-Chancellor. Kerala Varma College polls: SFI candidate wins by 3 votes in recounting, setback for KSU. IYC is marred with fake voter ID allegations. CPIM leader interrupts the rise of the K-SWIFT bus.   Supreme Court Stays HC Order Holding That Land Over 25 Cents Can Be Converted By Paying Fee Under Section 27A, Kerala Paddy Land Act.  Kerala High Court Berates Cyber Bullying Of LGBTQ  Community.  Former IAS Officer Dr Christy Fernandez passed away. 7 tourists from Kerala killed in Zojila Pass road accident: Report. CPI(M), CPI ask Rahul Gandhi not to contest polls from Kerala again.  Movie Director Jeo Baby stopped at Farook College.  C Raghunath quits Congress and joins BJP. Cardinal M
Read more

Election 2023: Hits and Misses- Why Congress got decimated in the three states

-
Image
On the third of December in the morning, everyone thought that Congress was going well in all the states as per both opinion and exit polls. Later it turned out to be the worst day the Congress party could have ever dreamt of. From winning one more state, it lost its sure-shot bet which is Chhatisgarh. It couldn't also pick up Madhya Pradesh which it won in 2018 but BJP was ruling the same state for more than 18 years. Besides winning Telangana Congress has nothing to cheer in an election where the party even saw many of its senior leaders underperforming.  Check our latest Newscapsule  Here are a few reasons why Congress got decimated in an election that it could have at least won three out of four states. This was a massive missed opportunity for Congress to make a nationwide revival in the country as well as have a revival over the grand opposition INDIA alliance.  Overconfidence When Opinion polls came out one month back, all polls predicted an edge to Congress in Chhatisgarh a
Read more