-The Hindu Disruptions in the supply chain and panic buying can lead to price spikes: Hans Timmer In a report released this month, the World Bank has predicted a ‘dire’ situation for South Asia due to the economic impact of measures to counter the novel coronavirus pandemic, suggesting that the eight SAARC countries (Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan, Maldives and Sri Lanka) will experience their worst economic performance in 40 years,...
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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...
More »Coronavirus Lockdown: As Hunger Grows, the Fear of Starvation Is Real -Kabir Agarwal
-TheWire.in Over 100 million people face food insecurity if the PDS is not universalised. Meerut: Tek Narayan and Shyam Kishore Singh are migrant labourers who were employed at a construction site earning Rs 300 a day. Since the lockdown was announced, they have been stranded at the site, which is located on the outskirts of Meerut. Their homes are over 1,200 kilometres away in Latehar, one of the most backward districts of...
More »Foodgrain stocks bountiful, yet the Poor are going hungry -Furquan Ameen
-The Telegraph Provide emergency ration cards, universalise PDS in rural areas and urban slums, says Dreze India’s foodgrain stocks have never been so bountiful, yet the government is struggling to ensure that no one remains hungry in the middle of the coronavirus pandemic that has sparked an unprecedented emergency involving jobless migrant workers, thousands of whom are stranded away from their homes. Stocks with Food Corporation of India was estimated to be around...
More »‘More than 100mn excluded from PDS as govt uses outdated Census 2011 data’
-India Spend Team The public distribution system (PDS) is meant to play a key role in disbursing government support to the Poorest Indians during the ongoing COVID-19 crisis. However, the system leaves more than 100 million people excluded from its reach, as per academics Jean Drèze, Reetika Khera and Meghana Mungikar, because the central government uses 2011 population figures from the last census to calculate state-wise PDS coverage. Under the National Food...
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