-The Hindu The longer-term decline in the labour participation rate can be attributed to a host of factors The COVID-19 pandemic has disrupted economies across the world and presented policymakers with the unenviable task of sustaining employment amidst lockdowns. However, the academic and political debates in India on unemployment, which is widely attributed to jobless growth amidst stagnation in the agricultural and manufacturing sectors, predate the pandemic. It will be useful to...

-Newsclick.in Weavers in Prime Minister Modi’s constituency, reeling under the triple blow of demonetisation, GST and lockdown, are on a week-long token protest against hiked electricity bills. Lucknow: To keep his home fires burning, Mohammad Obaid had to sell three handlooms and a wrapping machine that he had bought with his hard-earned money following demonetisation (November 2016) and the imposition of goods and services tax (GST). Now, the coronavirus pandemic-induced over three...

-The Hindu Not only are the States not paid what is due to them, they have also lost the powers to raise their own sales tax revenues Karur MP S Jothimani recently conducted a telephonic survey of 30 lakh people in Tamil Nadu on the re-opening of liquor shops in the State during lockdown 3.0. An overwhelming 89% were opposed to the move. The Maharashtra government too decided to permit liquor shops to...

-The Hindu There are clear, implementable steps the Centre can take in fiscal terms to revive the economy and support livelihoods The Prime Minister has just announced Lockdown 4.0. Despite some resulting increase in economic activity, vast numbers of working people will remain without their regular incomes. He also announced a package of ₹20 lakh crore, but this includes already allocated money of ₹6-lakh crore and monetary policy directives to banks and...

-Newsclick.in The BJP government’s centralising tendency and its attitude towards the financial needs of states during this pandemic, is symptomatic of a thinking that will weaken the very foundations of modern India. Despite repeated demands by the states, the Centre has still not released what is their legitimate due, namely, compensation for their revenue loss owing to the introduction of goods and services tax or GST; this has not been paid since...