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Calculating the benefits of lockdowns -Dipankar Dasgupta

-The Hindu Lockdowns need to be guided by trade-offs between harsh and mild policies Data show that as of now 26.2% of the world population has received at least one dose of a COVID-19 vaccine. Of them, only 1% live in low-income countries. By contrast, the richer nations, such as the U.S., Canada, Germany and Britain, registered above 50% vaccination by July 17. For India, the percentage of the adult population that...

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Jean Drèze, economist and honorary professor at the Delhi School of Economics, interviewed by Down to Earth

-Down to Earth The Government of India amended the payment procedure for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) some time ago. Due to this, MGNREGA workers in the states and Union territories faced a delay in their wage payment. This delay came at a time when the second wave of the novel coronavirus disease (COVID-19) was wreaking havoc across the country. MGNREGA was started in 2006. Economist and honorary...

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Trade unions, industries paint a grim picture of employment scenario -AM Jigeesh

-The Hindu Business Line Trade union seeks urgent measures to alleviate pain of joblessness, drastic fall in income Trade unions and industrial associations painted a grim picture of the unemployment scenario in the country at a recent meeting of the Labour Standing Committee. The trade unions demanded urgent measures such as direct cash transfers to address job loss and wage loss, while the representatives of industries demanded a re-look at the current...

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Several studies but one conclusion -- poorly planned COVID-19 induced national lockdown hurt the poor the most

The recent Supreme Court of India’s judgments (please click here and here) related to ensuring food security of the migrant and unorganised sector workers through the provision of dry ration, running of community kitchens and proper implementation of the 'One Nation One Ration Card' scheme should come as no surprise to us. A recent review of some of the robust studies, which relied on multi-state surveys (or reference surveys), having...

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'Pushing Urban Poor to Take Loans is Wrong, Govt Needs to Give Income Support Instead' -Karan Thapar

-TheWire.in Professor of Economics at the University of Massachusetts at Amherst, Jayati Ghosh, says over the last 16 months of the pandemic the government’s handling of the economic crisis has been cruel and incompetent. One of India’s well-known and highly regarded economists has said the government’s refusal to provide income support to the unemployed and poor and instead asking them to take government guaranteed loans which the Chief Economic Advisor has said...

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