-The Hindu The multiple could go up to 4 if full CRS data is made available The number of “excess deaths” registered by the Civil Registration System (CRS) in Maharashtra ever since the COVID-19 pandemic hit (from April 2020 to May 2021), was an estimated 2,12,589 which is 2.8 times the official reported figure of 75,877 deaths for the same period. The figures were arrived at from data on deaths registered month-wise in...
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Parliamentary panel recommends money in banks, social security measures for informal workers
-The Hindu ‘pandemic has made matters worse for women, the young, self-employed, migrants’. Direct transfer of money into bank accounts of informal workers and an urban employment guarantee scheme were among the recommendations of the Parliamentary Standing Committee on Labour in its report on the impact of the pandemic on rising unemployment and job loss. The report, which was presented in the Lok Sabha and tabled in the Rajya Sabha on Tuesday, said:...
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-The Telegraph Trying to make labour force survey results look artificially attractive by the government may only be an attempt at self-deception The latest Periodic Labour Force Survey data for July 2019 to June 2020 released by the Central government shows a rise in the labour force participation rate and a fall in the unemployment rate even when the economy registered a sharp deceleration in the rate of growth. This is surprising...
More »A cycle of low growth, higher inflation -Anand Srinivasan
-The Hindu Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery In recent times, right-leaning economists have been arguing that the Government does not need to do anything with the economy and that it will revive by itself. They call those who disagree with them, doomsday merchants. These economists reason that, like after the Great Depression, the economy rebounded worldwide, and so will...
More »Most households in rural Bihar faced livelihood crisis during the first wave of COVID-19, reveals a recent study
The pandemic's first wave had a devastating impact on the livelihoods of rural workers in Bihar (including the self-employed) last year, according to a survey based research, jointly done by economists from Centre for Development Economics and Sustainability at Monash University, Australia and the New Delhi-based Institute for Human Development. A recent press note issued by the authors of the study shows that almost 94.4 percent of the households participating...
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