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Why edible oil prices are on fire -Shubham Shankhdhar

-IndiaToday.in India’s edible oil demand far exceeds domestic production. At least 60 per cent is met through imports, and global prices are soaring. Is there a way out? These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore Garden in West Delhi, finds himself worrying about inflation. He says his monthly spending on essentials like vegetable oils has been steadily rising—a litre of mustard oil now costs him...

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Nobel winner Abhijit Banerjee calls for bigger government cash payments to Covid-hit poor -Paran Balakrishnan

-The Telegraph Poverty research pioneer cites US, UK and EU experience; Niti Aayog vice-chairman disagrees, says there’s no guarantee ‘helicopter money’ will lead to spending Nobel laureate Abhijit Banerjee has stepped up to the firing line by arguing the government should make bigger direct cash payments under the MGNREGA scheme to help people who have slid into poverty due to the pandemic. The government has already indicated it’s not keen on larger direct...

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COVID-19: Report Reveals Severity of Food Crisis Faced by India's Poor in 2020 -Shinzani Jain

-Newsclick.in Report by prominent economist Jean Dreze and Anmol Somanchi highlights the severe economic distress and food crisis suffered by a vast majority of Indian poor following the 2020 lockdown. It demands a stronger wave of relief measures to avoid a repeat of the crisis. On May 31, 2021, prominent economist Jean Drèze and Anmol Somanchi published a detailed report analysing the impact of the COVID-19 crisis on food security, employment, income,...

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Brace up for recession -Aunindyo Chakravarty

-The Tribune Govt must prepare for worst-case scenario as things won’t be resolved on their own In February this year, a restaurateur friend turned optimistic. Business was back to 70 per cent of pre-Covid days and things could only get better. There could be no stronger signal that India’s economy had turned the corner. Experts had predicted that restaurants would be the last places to see a full recovery. They are closed...

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India learns a bitter lesson for disregarding crucial warnings and recommendations on Covid-19

In the month of April this year, there has been an unprecedented upsurge in daily new cases and daily new deaths in the country due to Covid-19. States, which reported large increases in daily new cases and daily new deaths, are Maharashtra, Kerala, Karnataka, Delhi and Uttar Pradesh, to name but a few.   Data accessed from https://www.covid19india.org/, which is a crowdsourced platform and an independent aggregator of daily Covid-19 figures and...

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