-India Spend/ Scroll.in Reservations are not the answer to every social and economic problem. More needs to be done to provide safety nets to vulnerable groups. About 10 crore to 12 crore Indians lost their jobs in the immediate aftermath of the countrywide lockdown to contain the spread of Covid-19, IndiaSpend reported in April. But the lockdown has impacted the disadvantaged caste groups with a far greater magnitude than the upper castes, found...

-Down to Earth Exceptional growth in agriculture and acreage in kharif season precipitate a crisis like never before for farmers   In recent times, agriculture made headlines for all the wrong reasons: Farmers quitting cultivation; the sector turning into a perennial loss-making enterprise; and the country’s official policy to downsize the dependence on agriculture to reduce overall economic hardship among the poorest of the population. Agriculture’s fast-declining economic importance reached such an extent...

-The Indian Express The contraction seen in first-quarter GDP data is severe, but not unexpected. What should be done — or not done – at the level of govt policy so that the economy gets a chance to rebound as quickly as possible? * How should one read the first-quarter GDP data and the contraction by 23.9%? What signal does it offer for the future? And does it give any idea of...

-The Hindu The resultant distress in India has exacerbated pre-existing structures of disadvantage based on social identity In his book, The Great Leveler, Walter Scheidel, the Austrian economic historian, argues that throughout human history, there have been four types of catastrophic events that have led to greater economic equality: pandemic, war, revolution and state collapse. Currently, the world is going through one of them: a massive COVID-19 pandemic. In Scheidel’s analysis, the...

-Livemint.com * As consumers bear the brunt of high food costs, growers see no benefit. How long will this strange dynamic last? * Many lower income consumers are also not enrolled under the federal food security scheme. An estimate suggests that over 100 million eligible Indians are excluded Ramesh Pangal calls it a season of miseries: Farmers running around with vegetables to find a buyer; leaving tomatoes to rot in the field; dumping...