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    BOLSA FAMILIA INCREASE

    Brazil Presidential Election run off: Who is winning Donald Trump's ally Flavio Bolsonaro or Luiz Inacio Lula da Silva whom Barack Obama once called 'world's most popular politician'?

    Brazil Presidential run off: Lula, who at 80 is one of the world's oldest heads of state, is Brazil's 35th and 39th president, having served from 2003-2010 and again since 2023. Bolsonaro, 45, aims to return his family name to power while his father serves time for attempting a coup to prevent the end of his 2019-2022 presidency.

    Brazil's Lula opens state toolbox to woo voters in runoff against Bolsonaro. Here's what is on offer

    President Luiz Inacio Lula da Silva is campaigning against Flavio Bolsonaro in Brazil's upcoming presidential runoff election. Lula is proposing various populist promises aimed at securing voter support and winning the election. These promises include reducing the workweek and expanding welfare benefits through Bolsa Familia. Additionally, Lula's plans involve debt relief for low-income Brazilians and measures to reduce transportation costs.

    The trilemma of inequalities

    India's economic growth over two decades has reduced poverty but not equitably. Covid-19 increased income, expenditure, and savings inequality, highlighting structural barriers and the importance of sustained social policies. Targeting income generation, consumption equity, and wealth creation is crucial for inclusive development.

    Aadhaar: A bit of resin is putting India’s welfare system at risk

    Aadhaar is being very successfully used — by fraudsters. Blame it on ubiquity combined with lax controls. While the unique ID was conceived to make welfare programs more efficient, private entities didn’t lose any time in realizing its potential.

    Lessons from Brazil to get rid of poverty

    In Brazil, income inequality, measured by Gini coefficient, declined from 0.553 in 2002 to 0.500 in 2011.

    Don’t rush with cash transfers as it needs preparation

    Cash transfers to hand out subsidies is sensible, but a national rollout needs preparation as it can reduce inter-generational transmission of poverty and inequality.

    The Economic Times
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