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US Inflation and India’s Economic Recovery -Prabhat Patnaik

-NetworkIdeas.org The very day, December 11, when the Indian finance ministry spuriously claimed a robust recovery in the post-pandemic Indian economy, newspapers carried news of an acceleRATion in the US inflation RATe. The inflation RATe in November 2021 over November of the preceding year had been 6.8 per cent in the US, which was higher than the corresponding RATe in any month over the previous 40 years; in particular, petrol prices...

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As Uttar Pradesh Heads to Polls, How Does the Yogi Govt's Economic Performance Hold Up? -Santosh Mehrotra

-TheWire.in Employment trends are dismal under the 'double engine government' of Modi and Adityanath. Several claims made in ads do not appear to hold up. Uttar Pradesh’s per capita income was barely half (Rs 41,023) of India’s average (Rs 86,659) in 2019-20. The per capita income of UP (at 2011-12 prices) is ranked 32 out of 36 states and Union Territories. That the state’s economy has been one of the poorly performing...

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Wholesale inflation is at a 30-year high. Why is govt not worried? -Vivek Kaul

-National Herald Hindi films have rarely had songs on inflation. But of the few that have, the 1974 flick Roti, Kapda aur Makaan and the 2010 release Peepli Live stand out. Roti, Kapda aur Makaan had the superhit song …bhaaki kuch bachcha to mehangai maar gayi (…whatever was left, inflation took it away). The Peepli Live song went like this, …sakhi saiyan to khub hi kamaat hain, mehangayi daiyan khaaye jaat hai (O,...

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Omicron: India eye on South Africa, North America to gauge bed needs -GS Mudur

-The Telegraph Given hospitalisation trends in the West, we may not see extreme pressures on hospitals as during second wave, say experts Indian health officials are monitoring Covid-19 hospitalisation RATes in South Africa and Europe to try and predict how omicron-fuelled surges might impact the demand for critical care beds in India. The early signals appear to uncouple deaths from infection spikes. The daily new cases in South Africa, Denmark, Norway and the...

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Omicron: Why A Potential Surge Might Need Hybrid Testing -Nimmy Dominic, Pankaj Jindal, Ashish Sachdeva and Sarang Deo

-IndiaSpend.com Using a combination of RT-PCR tests with Rapid Antigen Tests (RAT) helps detect more cases faster during a surge in cases, in remote areas with little access to RT-PCRs and in Covid-19 hotspots. Hyderabad, Mumbai and Mohali: To quickly detect Covid-19 positive cases and slow the virus' spread in case of a possible surge due to the Omicron variant, India must increase its use of Rapid Antigen Tests (RAT, which take...

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