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Calculating the benefits of lockdowns -Dipankar Dasgupta

-The Hindu Lockdowns need to be guided by trade-offs between harsh and mild policies Data show that as of now 26.2% of the world population has received at least one dose of a COVID-19 vaccine. Of them, only 1% live in low-income countries. By contrast, the richer nations, such as the U.S., Canada, Germany and Britain, registered above 50% vaccination by July 17. For India, the percentage of the adult population that...

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Midday meals leave a long-lasting impact: study

-The Hindu Lower stunting among children with mothers who had access to free school lunches, shows data from 1993-2016. Girls who had access to the free lunches provided at government schools, had children with a higher height-to-age ratio than those who did not, says a new study on the inter-generational benefits of India’s midday meal scheme published in Nature Communications this week. Using nationally representative data on cohorts of mothers and their children...

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Inflation remains above 6% for second month

-The Hindu  Growth impulses remained fragile, manufacturing output tanked 9.5% After touching a six-month high in May, India’s retail inflation was virtually unchanged in June at about 6.3%, remaining out of the central bank’s comfort zone for a second month in a row. economists expect the Reserve Bank of India (RBI) to revisit its inflation estimate of 5.1% for 2021-22 and stressed that lack of fiscal policy action to cool prices could precipitate...

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'Pushing Urban Poor to Take Loans is Wrong, Govt Needs to Give Income Support Instead' -Karan Thapar

-TheWire.in Professor of Economics at the University of Massachusetts at Amherst, Jayati Ghosh, says over the last 16 months of the pandemic the government’s handling of the economic crisis has been cruel and incompetent. One of India’s well-known and highly regarded economists has said the government’s refusal to provide income support to the unemployed and poor and instead asking them to take government guaranteed loans which the Chief Economic Advisor has said...

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The Poverty of Economic Conservatism -Prabhat Patnaik

-NetworkIdeas.org In terms of economic policy, the Modi government must be perhaps the most conservative in the world. During the entire period of the pandemic when millions of people lost their incomes and livelihood support, most governments around the world provided universal cash transfers to the people, but not the Modi government. True, many other third world countries too did not provide such universal cash transfers, but their hands were tied;...

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