-IndiaSpend.com More younger workers, and women, lost jobs and struggled to recover them. Even after employment rates recovered, quality of employment deteriorated, with individuals moving into less secure self-employment in agriculture, construction and small-scale trade. Bengaluru: The COVID-19 pandemic has delivered a large and sustained economic shock to the global economy. In India, the effect can be broadly divided into two phases--the shock of the nationwide lockdown in the months of April...
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Don’t doubt Indian vaccines -G Padmanaban
-The Hindu Vaccination is important to prevent a second wave Several people have questioned the emergency approval given to the indigenously developed COVID-19 vaccine. They have demanded efficacy data and cast aspersions on the regulatory machinery. Such views will only increase vaccine hesitancy. It is not the case that the vaccine developed indigenously is being pushed by vested interests, while the international vaccines are great. Questions have been raised about the Moderna and...
More »Financial boom at a time of economic stagnation -Sunanda Sen
-The Hindu The paradox becomes clearer by recognising the circuit of financial flows beyond the real economy Divergences between the booming financial and the stagnant real sectors, which appear rather confounding as well as disconcerting, warrant an explanation. Enumerating the facts in India’s major secondary stock market, the Sensex (the benchmark index of the BSE Limited, or formerly the Bombay Stock Exchange Ltd.) has been found tracking an upward path, from 40,817 on...
More »First rice, now wheat: India rides on global grain trade bandwagon -Harish Damodaran
-The Indian Express The US Department of Agriculture (USDA) on Tuesday upped its forecast of Indian wheat exports for 2020-21 (July-June) to 1.8 million tonnes (mt), as against its earlier estimate of one mt. That would be the highest ever in the last six years After rice, India is set to turn a major exporter of wheat as well – thanks to surging international prices from Chinese stockpiling and ultra-low interest rate...
More »As ‘Trolley Times’ Captures Imaginations, Punjab Remembers Historic Newspapers of Protest -Kusum Arora
-TheWire.in From 1907’s struggle against British land revenue rates, to 202-21’s agitation against the new farm laws, at least five newspapers were launched to provide platforms for those fighting for their rights. Jalandhar: Nearly a century ago, when desperate farmers and labourers in Punjab agitated for their rights in British-ruled India, they found a platform in a newspaper called Kirti (Labourer). This newspaper not only led to the formation of the Kirti...
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