-National Herald If the disaster that economy is heading towards is to be avoided, there has to be a massive injection of demand by govt both through transfers and through direct spending on goods and services The GDP growth in the first quarter (April-June) of 2020 over the first quarter of the previous year has been minus 24 per cent according to preliminary official estimates. But most knowLEDgeable people believe that even...
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An agriculture-LED revival as flawed claim -R Ramakumar
-The Hindu The crisis in agriculture demands that the government announce a strong fiscal stimulus for the rural economy A rather confident statement heard in the midst of India’s COVID-19-induced economic slowdown is this: “Agriculture will lead India’s economic revival”. But how valid is this claim put forward by government spokespersons and some observers? Four major arguments are offered. First, India’s food grain production in 2019-20 was 3.7% higher than in 2018-19. The...
More »India needs SC-ST sub-quota. And the Supreme Court just removed one key roadblock -Yogendra Yadav
-ThePrint.in It took the SC 10 years to say that an unjust order on sub-quotas needed a rethink. And then another six years for a Justice Arun Mishra-LED bench to say the court may have been wrong. The last thing you expect me to do in these times is to welcome a Supreme Court judgment by Justice Arun Mishra’s bench. But it so happens that among the various questionable and controversial orders...
More »Tackling malnutrition in times of COVID-19: How Odisha managed this juggling act -Amar Patnaik
-Firstpost.com While Odisha was being considerably ranked low in many indices at the national level, the most important feature of the state government during the current time has been the dynamic and evolving governance structure India is home to half of the wasted children (those with a low weight for their height) globally, according to the recent Global Nutrition Report 2020. Moreover, more than a third (37.9 percent) of our children under...
More »Centre’s Covid-19 fiscal stance is flawed -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line Fiscal policy in India has been very timid amidst harsh, inefficient (in terms of public health outcomes) lockdown spells. Unless this changes, the economy may dive further As India faces the biggest economic crisis since Independence, it is being LED by a central government in denial about the severity of the impact on lives and livelihoods, and spreading false hopes about the immediate future. The Monthly Economic Report of...
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