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Rs 150,000 crore plus: the govt stimulus for rural areas post lockdown -Harish Damodaran

-The Indian Express That’s the actual liquidity pumped into rural areas by government post lockdown – through grain procurement, PM-Kisan and MGNREGA wages. There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of their impact on India’s farm economy. Both resulted in the same thing – demand destruction – albeit through different routes. Notebandi caused a haemorrhaging of liquidity from the predominantly cash-based farm...

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COVID-19 widened educational divide: UNESCO report

-The Hindu School closures also interrupted support mechanisms from which many disadvantaged learners benefit The COVID-19 pandemic has exacerbated inequalities in education systems across the world. According to a UNESCO report released on Tuesday, about 40% of low- and lower-middle-income countries have not supported learners at risk of exclusion during this crisis, such as the poor, linguistic minorities and learners with disabilities. The 2020 Global Education Monitoring Report noted that efforts to maintain...

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The Modi Sarkar’s Project for India’s Informal Economy -Barbara Harriss-White

-TheWire.in From demonetisation to GST and now the lockdown, the government's policies towards the 'unorganised sector' has spelt nothing but rack and ruin. What has the BJP-led government of Narendra Modi done since 2014 that does not suggest it wishes to destroy the informal economy, also known as the unorganised sector? While the ‘unorganised’ informal economy now accounts for roughly half of India’s GDP – and is shrinking relative to the share of...

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COVID-19: Can we flatten the un-sustainability curve? -Venkatesh Dutta

-Down to Earth The Earth needs to resurrect and heal. It is the right time to define collective growth and prosperity, not in terms of rising income but rising ecological wellbeing Severe Acute Respiratory Syndrome, Middle East Respiratory Syndrome and Ebola have shaken the global economy and society in the last two decades. The novel coronavirus disease (COVID-19) disease is following suit. The nature has hit a reset button. Economies are in a...

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India May See An Unintended Baby Boom Due To COVID-19 Lockdown. Is Govt Prepared? -Nandita Saikia and Jayanta Kumar Bora

-Outlook India While nationwide lockdown is unavoidable and is a wise decision to contain the spread of the virus, there is a need to address the possibility of an unintended baby boom among poor and vulnerable groups. With most countries following nationwide lockdown or stay at home orders due to the novel coronavirus outbreak, there has been a debate on a possible unintended baby boom across the world. Although many demographers from...

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