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How Covid-19 hurt household savings in India -Shoaib Daniyal

-Scroll.in A drop in household savings has caused concern about economic recovery in the country. On Wednesday, the Reserve Bank of India released data on household savings for the third quarter of 2020-’21. This covered the October-December 2020 period, which means the data captured the aftermath of first Covid-19 wave in India and the economic disruptions that containment measures such as lockdowns caused. The numbers are disappointing with a sharp dip in the...

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The rural economy can jump-start a revival -Himanshu

-The Hindu The Government needs to reverse its neglect and policy missteps as key indicators show the sector has resilience The second wave of the COVID-19 pandemic could be slowly receding with a decline in the official estimates of daily infections and deaths. The economy is also very gradually getting back to normal, with many States beginning to ease some of the restrictions imposed in their lockdowns. However, the challenge of an...

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South Asia’s healthcare burden -Syed Munir Khasru

-The Hindu Despite the debilitating pandemic, state investment in the health sector remains deeply inadequate. On May 18 this year, India recorded 4,529 deaths from COVID-19, the highest daily death toll recorded in the world after the United States in January saw 4,468 deaths. As India combats the pandemic, its neighbours are experiencing spillover from the menacing second wave. The virus has swept through Nepal, while Sri Lanka added as many as...

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What is the cost of childhood wasting and severe acute malnutrition in India? -Sujeet Ranjan

-GaonConnection.com Childhood wasting is a silent nutritional emergency in India as it led to an average loss of Rs 60 million every day from the years 2006 to 2018. Community-based care for management of wasting is highly recommended. We often read and talk about malnutrition and undernutrition in children. But it is rarely quantified. A recent study on ‘The Severity of Wasting and Severe Wasting’ among children in India, conducted by The...

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GDP shrinks by 7.3%; Q4 uptick moderates 2020-21 carnage -Vikas Dhoot

-The Hindu On inflation, the Chief Economic Adviser said it is expected to be range-bound and should not exceed the prescribed level. India's gross domestic product (GDP) contracted by 7.3% in 2020-21, as per provisional National Income estimates released by the National Statistical Office on Monday, marginally better than the 8% contraction in the economy projected earlier. GDP growth in 2019-20, prior to the COVID-19 pandemic, was 4%. The Gross Value Added (GVA)...

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