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How public health boosts an economy -K Srinath Reddy

-The Hindu A stronger health system in a country can lead to better outcomes on the economic Growth front When public health sneezes, the economy catches cold. Dire predictions for the post-COVID-19 global economy have come from the International Monetary Fund, which called the present crisis the worst downturn since the Great Depression. Grim forebodings for the Indian economy have been sounded by many distinguished economists and the Governor of the Reserve...

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The Modi Sarkar’s Project for India’s Informal Economy -Barbara Harriss-White

-TheWire.in From demonetisation to GST and now the lockdown, the government's policies towards the 'unorganised sector' has spelt nothing but rack and ruin. What has the BJP-led government of Narendra Modi done since 2014 that does not suggest it wishes to destroy the informal economy, also known as the unorganised sector? While the ‘unorganised’ informal economy now accounts for roughly half of India’s GDP – and is shrinking relative to the share of...

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Post-COVID there is a case for a greener GNP -Ganesan Balachander

-Mongabay.com * The COVID-19 pandemic has shown up major fault lines in our development trajectory and one of the issues is how we account for Growth and progress with the gross national product (GNP) calculated as a single bottom line, without paying heed to the ecological, environmental and social costs. * Air and water pollution have been shown to add a significant cost to India’s GNP. A greener GNP will take these...

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Will Indian Agriculture Come out Relatively Unscathed in FY'21? -Siraj Hussain and Jugal Mohapatra

-TheWire.in The outlook for kharif 2020 contains a few good signs, but much will depend on the monsoon. Since the harvesting of most rabi crops was completed in time, despite the nationwide lockdown from March 24 onwards, an impression has gained ground that all is well with Indian agriculture. It is true that due to extraordinary efforts made by government machinery, procurement of wheat in Punjab, Haryana and Madhya Pradesh has been more...

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1,000+ Experts From Around the World Call for 'DeGrowth' After COVID-19 Pandemic

-TheWire.in This, they say, will require an overhaul of the capitalist system. A group of over 1,000 experts and organisations have written an open letter questioning the world’s strategy, and suggesting a transformative change as we move beyond the COVID-19 pandemic that has gripped us all. For a more just and equitable society, they argue, “deGrowth” is the way to go. This, they say, will require an overhaul of the capitalist system –...

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