-The Hindu Public works could provide valuable support to the urban poor, especially if women get most of the jobs The COVID-19 crisis has drawn attention to the insecurities that haunt the lives of the urban poor. Generally, they are less insecure than the rural poor, partly because fallback work is easier to find in urban areas — if only pulling a rickshaw or selling snacks. Still, the urban poor are exposed...
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Questionable data, little room for exuberance -R Nagaraj
-The Hindu Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest The decline in the quarterly GDP growth rate, by 7.5% during July-September 2020 (FY 2020-21: Q2), compared to a 24% decline in the first quarter has raised expectations of a sharp economic recovery after the novel coronavirus pandemic and the national lockdown. But is such optimism justified? A tracker India’s GDP at current...
More »Shanties make way for Modi in Varanasi -Piyush Srivastava
-The Telegraph Police arrive to demolish shelters of 200-odd residents of the city's Sujabad slum ahead of PM's visit Lucknow: When the police arrived on Tuesday to demolish their shanties, the 200-odd residents of Varanasi’s Sujabad slum knew that Prime Minister Narendra Modi would be visiting the neighbourhood again. The homes of these 70 families had been demolished also on February 12, four days before Modi’s previous trip to his constituency. Modi will now...
More »‘Shaken out of slumber, turned turtle’: HC raps Delhi govt over rising Covid-19 cases
-The Indian Express The court noted that the quantum of fine for not wearing masks, not maintaining social distancing did not appear to be a deterrent in controlling the cases. The Delhi High Court Thursday pulled up the Arvind Kejriwal-led AAP government over the rising coronavirus cases in the city, saying why did it wait to take precautions like reducing the number of attendees at weddings when the cases were on the...
More »Fixing the rules of the economy -Arun Maira
-The Hindu The fundamentals of the game have to change as they currently favour wealthy investors and not workers and tiny enterprises India has an incomes crisis: incomes of people in the lower half of the pyramid are too low. The solutions economists propose are: free up markets, improve productivity, and apply technology. These fundamentals of economics must be re-examined when applied to human work. Three solutions Economists say markets should be freed up...
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