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Clear Cut Magazine

Assam is underwater: Time for corporate India’s relief muscle  to meet a climate emergency

By early August 2026, roughly 481 villages across Assam had gone completely underwater. 90 relief camps were sheltering close to 30,000 people. Another 94 distribution centres supplied essentials to those who had not been evacuated. This is not Assam’s first devastating flood season. Unless something structural changes, it will not be its last. The death…

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It’s your money… It’s your India… One word only: Welfare or Development?

Budget Trends: Welfare vs Capital Expenditure Recent Union budgets have explicitly favored capital investment. The table below summarizes Union spending; the capital (capex) share of total expenditure has climbed from ~17% in FY2022-23 to ~23% in FY2026-27. Revenue expenditure (salaries, subsidies, subsidies etc.) has grown more slowly. States, facing rising debt-to-GSDP ratios (>40% in some)…

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