-Scroll.in Besides, by making states responsible for buying vaccines, Modi’s government has deftly deflected possible criticism for future shortages. Over the past few weeks, the second wave of Covid-19 infections and the acute shortage of vaccines had led to considerable public anger against the government. Despite being fully aware of a potential vaccine shortage, the Union government had held back permissions for new vaccines, such as the Sputnik V, to be used in...
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Care economy: Why India must recognise and invest in care work -Mitali Nikore
-The Indian Express Building infrastructure and services, including pre-primary education, maternity, disability and sickness benefits, and long-term care, will help ensure that India’s post-COVID recovery is equitable and gender-inclusive. The Cambridge Dictionary defines “infrastructure” as “the basic systems and services that are needed in order to support an economy.” Traditionally, infrastructure has been understood and interpreted to mean physical, immovable assets, primarily in the energy, transport, telecommunications and water sectors. Over the last...
More »The virus threatens India’s economic recovery again. But don’t panic yet -Sonal Varma and Aurodeep Nandi
-The Indian Express The spectre of lockdowns is looming large once more, and while there are bright spots, there are also risks and uncertainties to watch out for. As India’s economy embarks on a new financial year, a dark cloud is on the horizon: The second wave. Every day brings further reconfirmation that the second wave is no longer a Maharashtra-centric phenomenon. With the daily run-rate of cases surpassing the first-wave peak,...
More »During COVID-19 pandemic, India’s debt to GDP ratio increased from 74% to 90%, says IMF
-PTI/ The Hindu In 2020, fiscal policy also contributed to mitigate falling economic activity and employment. India’s debt to GDP ratio increased from 74% to 90% during the COVID-19 pandemic, the International Monetary Fund has said, noting that it expects this to drop down to 80% as a result of the country’s economic recovery. Paolo Mauro, Deputy Director, IMF’s Fiscal Affairs Department told reporters at a news conference here on Wednesday, “In the...
More »India falls 28 spots on 2021 Global Gender Gap index to 140th rank
-Scroll.in India was the third-worst performer in South Asia, after Afghanistan and Pakistan. Bangladesh topped the list in the region. India has fallen 28 spots to rank 140th among 156 countries on the World Economic Forum’s Global Gender Gap index. In 2020, India had ranked 112th among 153 countries on the index. “The index benchmarks the evolution of gender-based gaps among four key dimensions – Economic Participation and Opportunity, Educational Attainment, Health and...
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