-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...
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How Relief And Support Systems Failed Migrant Workers Again -Shubham Kaushal and Vikas Kumar
-IndiaSpend.com Massive job losses, up to 51% decline in earnings and reduced food intake--migrant workers struggled to survive through the recent lockdown in Gujarat, finds a study. Migrants received no relief during the second wave, and the measures taken in the last lockdown were not adequate, it shows Ahmedabad: Migrant workers were weeks from running out of food, struggled to access healthcare and faced acute livelihood problems during the partial lockdowns imposed...
More »Govt’s data apathy harming pandemic response: Experts -Tanay Sukumar and Pramit Bhattacharya
-Livemint.com Policymakers are flying blind when it comes to designing an effective response to the pandemic As the second wave of covid-19 ebbs in India and policy focus shifts to the economic damage caused by lockdowns for the second consecutive year, economists are finding it hard to assess the extent and spread of the damage. The absence of benchmark survey data in the pre-pandemic period, the abrupt halt to most survey work during...
More »Retail inflation soars to 6.3%, a 6-month high
-The Hindu Rural areas see sharper spurt; WPI inflation races to record 12.94% spurred by rise in fuel, edible oils Retail inflation hit a six-month high of 6.3% in May, thanks to a persistent rise in fuel and edible oil prices, which also played a part in pushing wholesale prices to a record 12.94% inflation in the month, as per data released on Monday. Consumers experienced an inflation of 11.58% for the ‘fuel...
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...
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