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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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The pandemic in data: Not only are India’s poor eating less, they are eating less nutritious food -Shoaib Daniyal

-Scroll.in Indians need more relief measures during the second Covid-19 wave. Even before the pandemic hit, India was one of the world’s most malnourished countries. As could be expected for such a country with such poor development indicators, Covid-19 hit India’s poor hard. To compound the problem, the Indian government put in place what was the world’s harshest lockdown with little planning. A new paper by economists Jean Drèze and Anmol Somanchi has...

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How Second Wave Is Decimating Rural Economy -Rohit Inani

-IndiaSpend.com The government has said that the economic impact from the second Covid-19 wave will be less than that of the first. But economists point to signs of a growing rural economic crisis, and call for urgent relief measures to ward off long-term damage. Siolim, Goa: Ramesh Ram, 31, is listed as a textile industry staff worker in the administration's database of migrant workers in south west Bihar's Kaimur district. But for...

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Large Number of Women Do Not Have Access to Maternity Benefits: Survey -Ditsa Bhattacharya

-Newsclick.in The paper by economists Jean Dreze, Reetike Khera, and Anmol Somanchi is based on the findings of the Jaccha Baccha Survey (JABS), a survey of pregnant and nursing women in rural India conducted in June 2019. A large majority of Indian women are still deprived of maternity benefits they are entitled to under the National Food Security Act, 2013, according to a recent paper by economists Jean Dreze, Reetike Khera, and...

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Expected growth of 12.5% for India but “ very severe downside risks” due to COVID wave: IMF -Sriram Lakshman

-The Hindu Averting divergent outcomes would mean “resolving the health crisis everywhere” the report says After an estimated contraction of 8% in the fiscal year that ended March 31, India is projected to grow at 12.5 % during the current year, settling down to 6.9% growth year (FY22/23), according to the World Economic Outlook (WEO): Managing Divergent Recoveries, released by the IMF as the World Bank IMF Spring Meetings kick off virtually....

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