Friday, May 28, 2021

Trust comes from power of the vote-bank.

Economic well-being of a nation is based on trust, wrote Vani S Kulkarni & Raghav V Gaiha, "A striking pattern emerges in the state government by expenditure tercile." "The share of those with a great deal of confidence fell from the extremely poor to the affluent sharply; of those with only some confidence also fell, but moderately; and of those with hardly any confidence rose moderately with rising expenditure/ income." "Segments of the extremely poor benefited from quotas in education and public employment and thus were dependent on state governments, while the affluent had other options." Mint. India has a plethora of social schemes to help the poor, wikipedia, to which more schemes have been added by the present government, Jagran Josh. While Indian Administrative Service (IAS) officers get pension, Dearness Allowance and free healthcare for life, income taxpayers not only do not receive any benefits at all, they are treated as thieves by having to link their income tax Permanent Account Number (PAN), Business Today, to the flagrant surveillance biometric Aadhaar number, The Wire. However, the brutal severity of the second wave of the coronavirus, BBC, has diverted attention from the suffering of the poor to the lack of health infrastructure in India. One year back, "India's workers asserted their rights and made themselves heard by walking home in March 2020," wrote Yamini Aiyar. Tens of thousands of families, often with little children, walked hundreds of miles back to their villages,Times of India (TOI), as Prime Minister Narendra Modi ordered a total lockdown on 25 May last year with just 4 hours notice when there were only 500 cases in all of India, India.com. "It is a measure of how easily the State abandons its people that two months into the second wave, the looming livelihood crisis awaits acknowledgement by the government and relief, such as it is, remains sporadic and inadequate. The poor, long abandoned by India's broken health system, is now being forced to suffer the indignity of abandoning their dead," Hindustan Times (HT). "India's holiest river, the Ganges, has been swollen with bodies in recent days. Hundreds of corpses have been found floating in the river or buried in the sand of its banks," BBC. "The death toll increasing in leaps and bounds, cremation grounds across UP are now witnessing harrowed families struggling to cremate their loved ones. They are being overcharged and have no option but to pay in the name of Covid crisis," India Today. Having to borrow money while weeping for the dead must be the ultimate insult. "A Hunger Watch survey points out that in October 2020, one in three respondents reported skipping meals 'sometimes' or 'often', and 71% of households reported a worsening in the nutritional quality of their food intake." "Within rural areas, the spread is far worse in states and districts with higher concentrations of the poor and lower access to health infrastructure. Rural areas, therefore, hold the key to dealing with the pandemic," Prof Himanshu. "Numbers form the labour bureau suggest that real wages for March 2021 were lower than in March 2019 for both agricultural and non-agricultural workers. On the other hand, data from the Centre of Monitoring Indian Economy (CMIE) shows that rural unemployment rate increased from less than 6% in the first week of March to more than 14% in the most recent week," Mint. "As per Reserve Bank of India (RBI) data, Indian household debt rose to 37.1% of gross domestic product (GDP) in the second quarter of 2020. Overall debt held by households was roughly valued at Rs 43.5% trillion, as of March 2021," wrote Deepanshu Mohan and Advaita Singh. Rising debt with rising unemployment, a toxic combination. The poor trust the government because they know they have the power of being the vote-bank. The middle class seethe in silence.  

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