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How will India emerge out of the lockdown? -G Ananthakrishnan

-The Hindu An opening up has to be accompanied by an increase in relief budget for the most vulnerable After a 39-day lockdown, what will be the shape of things to come? How should one strike a balance between ensuring livelihoods, minimising strife, and maintaining social distancing? In a discussion moderated by G. Ananthakrishnan, Reetika Khera, and Giridhar R. Babu examine the options. Edited excerpts: * With less than a fortnight left for...

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Food activists meet Jharkhand CM with relief measure demands

-Press release by Right to Food Campaign, Jharkhand, dated 21 April, 2020 Representatives of the Right to Food Campaign, Jharkhand met the Jharkhand Chief Minister on 21st April, 2020 to discuss the need to ramp up relief measures. The campaign had also met the food minister on 21st April, 2020 to discuss the food relief related issues and demands. Please click here to access the letter written to the Chief Minister of...

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India must enhance fiscal support for COVID-19 relief and rebuilding -Jonathan Coutinho and Amit Basole

-The Hindu The trend across developing countries is to give State governments as much discretion as possible India urgently needs to increase fiscal support for COVID-19 relief and rebuilding. Among comparable developing countries with similar Gross Domestic Product (GDP) per capita, India has spent the least as a share of its GDP. While the Central government has announced measures amounting to 0.8% of GDP, the International Monetary Fund (IMF) estimates that State-level relief...

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Recent reports predict gloomy days ahead for the overall economy

Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...

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Lockdown extended: But where are the big bang fiscal stimulus measures? -Radhika Merwin

-The Hindu Business Line In a bid to curb the spread of Covid-19, Prime Minister Narendra Modi extended the ongoing lockdown till May 3. While the move was imperative to save lives, taking stock of the massive impact of the extended lockdown on jobs and livelihoods is equally critical. More importantly, the Centre will have to announce big bang fiscal measures soon, to address the fallout of the virus-induced lockdown that...

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