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Core’s contraction: On slowing economy

-The Hindu As output and demand slow, India must retain twin focus on the pandemic and economy Output in the eight core industries suffered an overall contraction for a third straight month in May, shrinking 23.4%, as the pandemic-induced lockdown kept large parts of the economy shuttered, the Commerce Ministry’s provisional figures show. Of the eight, all but one posted declines in production compared with a year earlier, with six sectors witnessing...

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Govt’s rural focus could hit urban economy -Aunindyo Chakravarty

-The Tribune This is a crucial moment for Modinomics. Till now, government schemes have been used to help the poorest of the poor survive, even when they do not have any regular source of income. The middle class has continued to back the PM, hoping his policies will yield dividends. The industrial recession has shaken that belief. It could well be the beginning of their disenchantment with the PM. IN 2014, journalist...

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COVID-19 Lockdown: Impact on Agriculture and Rural Economy -Vikas Rawal, Manish Kumar, Ankur Verma and Jesim Pais

-Society for Social and Economic Research Monograph 20/3 Key Messages Lack of planning and preparation by the Central government for tackling the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. Harvesting of Rabi crops • Unplanned and sudden imposition of the lockdown resulted in a massive and unprecedented disruption to agricultural activities such as harvesting, sale of agricultural produce, and purchase...

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New Research: How lockdown has impacted Indian farmers, their yields -Seema Chishti

-The Indian Express The survey has found a “very strong association between food insecurity & farm size, with landless farmers 10 times more likely to skip a meal in the past month compared to large farmers”. Preliminary findings of a survey of more than 1,000 Agricultural households across 12 Indian states show that 60% of those who did harvest reported a yield loss, and 1/10th of them could not harvest their crop...

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Almost 60% of farm households that harvested crops in April faced a yield loss, shows a recent telephone survey conducted across 12 states

-Press release by Centre for Sustainable Agriculture (Hyderabad), Harvard TH Chan School of Public Health, and Public Health Foundation of India, dated 20th May 2020 The Centre for Sustainable Agriculture (CSA, Hyderabad), Public Health Foundation of India (PHFI, New Delhi), and Harvard T.H. Chan School of Public Health (Boston) recently completed a telephone survey of 1,429 Agricultural households across 12 states and 200 districts in India. The study was conducted between...

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