Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Economy’s Clear Signal: Boost Demand, Not Loans -Montu Bose and Sibin Kartik Tiwari    </title>
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The poor need food and money, not more loans. Only demand-side interventions will revive the economy.

The Covid-19 pandemic is an unprecedented crisis that almost all countries are struggling to cope with. Like the rest of the world, India is fighting..."/>
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                            <p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The poor need food and money, not more loans. Only demand-side interventions will revive the economy.</em></p><p style="text-align:justify">The Covid-19 pandemic is an unprecedented crisis that almost all countries are struggling to cope with. Like the rest of the world, India is fighting the spread of the disease and its adverse consequences on the health system and its finances. On the economic front, India was already facing a prolonged slowing down. Even before the pandemic touched its territories, the GDP growth rate had gradually decreased. Over the last four financial years, it dropped from 8.3% in 2016-17 to 7% and 6.1% in 2017-18 and 2018-19 respectively. The growth rate fell to 4.2% over 2019-20.</p><p style="text-align:justify">Since 25 March, India has imposed a nationwide lockdown in order to slow down the spread of the Novel Coronavirus which causes the Covid-19 disease. However, the infection only surged during the shutdown. The first Covid-19 infection was reported in January and now, in the first week of June, confirmed cases have crossed 2.39 lakhs. India has climbed to the 6th position among nations in terms of reported cases of Covid-19 infections. &nbsp;</p><p style="text-align:justify">Now, more than 90% of India&rsquo;s workforce is in the informal sector. The nationwide lockdown stretching for over two months has snatched away the sources of income, food and even shelter from many of them, putting worker&rsquo;s lives at stake. Millions of migrant workers returned to their homes in different regions of the country after the wheels of industry were jammed and other economic activities halted by the lockdown. Even as these poor and marginalised millions struggle for survival, cyclones and a locust crisis disproportionately impacted their livelihood in many states.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/Economy-Clear%20Signal-Boost-Demand-Not-Loans?fbclid=IwAR2i9wll5qRgUTvjYM2EStQ03Nm3nYw7GzXfQeR6-e7XM93FKs1k7AXd8nY" title="https://www.newsclick.in/Economy-Clear%20Signal-Boost-Demand-Not-Loans?fbclid=IwAR2i9wll5qRgUTvjYM2EStQ03Nm3nYw7GzXfQeR6-e7XM93FKs1k7AXd8nY">click here</a> to read more.</p><p style="text-align:justify">&nbsp;</p>                                                           
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                            <p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The poor need food and money, not more loans. Only demand-side interventions will revive the economy.</em></p><p style="text-align:justify">The Covid-19 pandemic is an unprecedented crisis that almost all countries are struggling to cope with. Like the rest of the world, India is fighting the spread of the disease and its adverse consequences on the health system and its finances. On the economic front, India was already facing a prolonged slowing down. Even before the pandemic touched its territories, the GDP growth rate had gradually decreased. Over the last four financial years, it dropped from 8.3% in 2016-17 to 7% and 6.1% in 2017-18 and 2018-19 respectively. The growth rate fell to 4.2% over 2019-20.</p><p style="text-align:justify">Since 25 March, India has imposed a nationwide lockdown in order to slow down the spread of the Novel Coronavirus which causes the Covid-19 disease. However, the infection only surged during the shutdown. The first Covid-19 infection was reported in January and now, in the first week of June, confirmed cases have crossed 2.39 lakhs. India has climbed to the 6th position among nations in terms of reported cases of Covid-19 infections. &nbsp;</p><p style="text-align:justify">Now, more than 90% of India&rsquo;s workforce is in the informal sector. The nationwide lockdown stretching for over two months has snatched away the sources of income, food and even shelter from many of them, putting worker&rsquo;s lives at stake. Millions of migrant workers returned to their homes in different regions of the country after the wheels of industry were jammed and other economic activities halted by the lockdown. Even as these poor and marginalised millions struggle for survival, cyclones and a locust crisis disproportionately impacted their livelihood in many states.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/Economy-Clear%20Signal-Boost-Demand-Not-Loans?fbclid=IwAR2i9wll5qRgUTvjYM2EStQ03Nm3nYw7GzXfQeR6-e7XM93FKs1k7AXd8nY" title="https://www.newsclick.in/Economy-Clear%20Signal-Boost-Demand-Not-Loans?fbclid=IwAR2i9wll5qRgUTvjYM2EStQ03Nm3nYw7GzXfQeR6-e7XM93FKs1k7AXd8nY">click here</a> to read more.</p><p style="text-align:justify">&nbsp;</p>                                                           
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Economy’s Clear Signal: Boost Demand, Not Loans -Montu Bose and Sibin Kartik Tiwari

Published on Jun 7, 2020   Modified on Jun 9, 2020

-Newsclick.in The poor need food and money, not more loans. Only demand-side interventions will revive the economy. The Covid-19 pandemic is an unprecedented crisis that almost all countries are struggling to cope with. Like the rest of the world, India is fighting the spread of the disease and its adverse consequences on the health system and its finances. On the economic front, India was already facing a prolonged slowing down. Even before the pandemic touched its territories, the GDP growth rate had gradually decreased. Over the last four financial years, it dropped from 8.3% in 2016-17 to 7% and 6.1% in 2017-18 and 2018-19 respectively. The growth rate fell to 4.2% over 2019-20. Since 25 March, India has imposed a nationwide lockdown in order to slow down the spread of the Novel Coronavirus which causes the Covid-19 disease. However, the infection only surged during the shutdown. The first Covid-19 infection was reported in January and now, in the first week of June, confirmed cases have crossed 2.39 lakhs. India has climbed to the 6th position among nations in terms of reported cases of Covid-19 infections.   Now, more than 90% of India’s workforce is in the informal sector. The nationwide lockdown stretching for over two months has snatched away the sources of income, food and even shelter from many of them, putting worker’s lives at stake. Millions of migrant workers returned to their homes in different regions of the country after the wheels of industry were jammed and other economic activities halted by the lockdown. Even as these poor and marginalised millions struggle for survival, cyclones and a locust crisis disproportionately impacted their livelihood in many states. Please click here to read more.

Newsclick.in, 7 June, 2020, https://www.newsclick.in/Economy-Clear%20Signal-Boost-Demand-Not-Loans?fbclid=IwAR2i9wll5qRgUTvjYM2EStQ03Nm3nYw7GzXfQeR6-e7XM93FKs1k7AXd8nY

Tagged with: Covid-19 Coronavirus Demand Management Effective Demand Economic Deceleration Economic Slowdown Economic Downturn Economic Recession Purchasing Power Public Distribution System PDS John Maynard Keynes Keynesian Economics Lockdown

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