Framework to measure economic well-being considers new, free goods and services; adding digital goods boosts growth
Welfare measurement is among the most fundamental questions in economics. Policymakers and others use gross domestic product ...
Why the social pain of welfare reform overshadows any economic gain
As welfare accounts for almost a third of public spending in 2024-5, it is inevitably a target when savings are needed. Put ...
Is cutting benefits the only way to save money on welfare?
Billions in rumoured welfare cuts are set to be announced by work and pensions secretary Liz Kendall today as ministers ...
Devdiscourse5d
Labour Government Faces Welfare Policy Dilemma Amid Economic Challenges
The UK's Labour government plans to cut over £5 billion from the welfare budget by 2029/30 to manage rising costs amid economic challenges. Aimed at balancing public spending and tax revenues, the ...
Inequality destroys the benefits of positive economic growth for the poor
A unique analysis of district-level data reveals why inequality is so destructive to the household consumption welfare of people living below the poverty line. During negative economic growth, the ...
Devdiscourse5d
Labour Government Unveils Controversial Welfare Cuts Amid Fiscal Challenges
The UK Labour government plans to reduce welfare spending for disabilities and long-term health conditions due to rising costs, despite growing internal party dissent. These cuts precede a forthcoming ...
The UK is cutting welfare spending to urge people to work. Critics say it will hurt the vulnerable
Britain’s Labour Party government has announced an overhaul of the welfare system it says will save the cash-strapped ...
Telangana Budget 2025: ₹3 trn allocated with focus on welfare, development
Telangana Budget 2025 proposes ₹2,26,982 crore for revenue expenditure and ₹36,504 crore for capital expenditure ...