Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »SEARCH RESULT
Differential impact of COVID-19 and the lockdown -Ashwini Deshpande and Rajesh Ramachandran
-The Hindu The resultant distress in India has exacerbated pre-existing structures of disadvantage based on social identity In his book, The Great Leveler, Walter Scheidel, the Austrian economic historian, argues that throughout human history, there have been four types of catastrophic events that have led to greater economic equality: pandemic, war, revolution and state collapse. Currently, the world is going through one of them: a massive COVID-19 pandemic. In Scheidel’s analysis, the...
More »An invisible humanitarian crisis in India -Harsh Mander
-The Hindu The state and the rich and middle classes remain indifferent as millions slip into chronic hunger and intense poverty India’s labouring poor have largely disappeared even from the inner pages of newspapers and from television screens. It is as though, after the country has gradually unlocked and most migrants have returned home, the wrenching distress of mass hunger and sudden unemployment that racked their lives has somehow passed. The reality...
More »How Much Do We Really Know About the Migrants Who Shuttle Between Bharat and India? -Malvika Tyagi
-TheWire.in A recent survey conducted becomes invaluable in terms of data on the socio-economic backgrounds of seasonal and short-term migrants. The lack of a comprehensive database on India’s migrants has been one of the foremost hurdles preventing the Indian government from providing direct cash transfers to them. The most that the government has been able to say about migrants is their aggregate number. Indeed, one of the biggest non-medical tragedies of the COVID-19...
More »India needs an urban replica of MGNREGA -Nitya Chutani
-Livemint.com As a part of the relief measures, while the PDS system could reach a vast majority of people both in rural and urban areas, the system has failed to identify the affected informally employed labour force in largely urban areas. This makes a case for introducing an urban replica of MGNREGA With laudable measures like the increased allocation in Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and the Pradhan Mantri...
More »