-The Hindu Business Line The breaking down of supply chains during Covid has exposed the perils of centralisation. Giving a boost to boutique shops that promote local, nutritious and sustainable food is the way forward The first Satyagraha of Mahatma Gandhi was from Champaran in April 1917. He protested against the high-handedness of the British who coaxed peasants to cultivate ndigo as a cash-crop and later dictated prices. Farmers starved as food...
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No economic reason to privatise banks -Aunindyo Chakravarty
-The Tribune Is there a case to be made for privatisation to help the government raise funds and reduce its fiscal burden and avoid having to recapitalise them every now and then? It is based on an entirely faulty understanding of why the govt needs to own banks. Banks are instruments through which capital flows into the Economy. Bank privatisation is a hot topic again. It kicked off when Finance Minister Nirmala...
More »An invisible humanitarian crisis in India -Harsh Mander
-The Hindu The state and the rich and middle classes remain indifferent as millions slip into chronic hunger and intense poverty India’s labouring poor have largely disappeared even from the inner pages of newspapers and from television screens. It is as though, after the country has gradually unlocked and most migrants have returned home, the wrenching distress of mass hunger and sudden unemployment that racked their lives has somehow passed. The reality...
More »How to pay for the stimulus -Pulapre Balakrishnan
-The Hindu Money financing is a viable route to take us back to pre-COVID-19 levels of output Former Prime Minister Dr. Manmohan Singh and his Congress party colleague Praveen Chakravarty have, in these pages, written on the appropriate policy response to the currently depressed state of the Economy. Given Dr. Singh’s deep understanding of the subject, this is in the nature of invaluable counsel. Unlike the dispensation in power, he and his...
More »Rebuild India’s confidence, revive the Economy -Manmohan Singh and Praveen Chakravarthy
-The Hindu The path to a sustained recovery is to improve sentiments in society, using economic tools These are extraordinarily difficult times for our nation and the world. People are gripped with the fear of disease and death from COVID-19. This fear is ubiquitous and transcends geography, religion and class. The inability of nations to control the spread of the novel coronavirus and the lack of a confirmed cure for the disease...
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