-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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How India's Financial Inclusion Infrastructure Failed During the Pandemic -Isabelle Guérin, Nithya Joseph and G Venkatasubramanian
-TheWire.in Despite the fact that India's financial inclusion infrastructure has a complex mix of self-help groups and small private banks offering credit to the poor, it has failed to deliver during the pandemic. When the pandemic struck, policymakers and prominent economists across the world called for financial infrastructures to be strengthened. They argued this would support the efficient channeling of relief through cash transfers or cheap loans. India was no exception to...
More »Why the poor are leaning right -Pranab Bardhan
-Business Standard How support for left and right-leaning parties is changing in social composition Some decades back the typical voting pattern in many democracies used to be that the rich and upper middle classes used to vote in general for right-leaning parties, while the relatively poor voted for left-leaning parties. But in recent decades this pattern has been shifting: many of the professional or more educated voters in some of those countries...
More »It’s time to protect the poor and the migrants from rising edible oil prices
In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
More »Support sought for economists' relief package for 80% rural, 70% urban households
-Counterview.net A civil society statement, prepared for endorsement from workers’ organisations and concerned citizens by senior economists Amit Basole, Babu Mathews, Gautam Bhan, Jean Dreze, Rajendran Narayan and Ravi Srivastava after several rounds of discussion with trade unions, lawyers and grassroots organisation, has insisted that the Government of India come up with a national relief and recovery package immediately. “Without the direct support of such a package, simply unlocking the economy will...
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