-The Hindu How the public health versus economic health trade-off can be resolved during this pandemic As it fights COVID-19 with its meagre healthcare resources, India has chosen to bring the economy to a near halt with no clear idea of how many lives can be saved in this manner. What is going to be the cost of this decision? The 21-day lockdown will reduce the gross value added (GVA) during this...
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Perils of lockdown and informal sector workers: Reflections in the time of Covid-19 -Amrita Ghatak & Kingshuk Sarkar
-Vikalp.ind.in The unprecedented fear of Covid-19 leading to ‘social distancing’ through lockdown in the entire India has yet again unfolded the plight of informal sector workers even in the midst of a universal public health crisis worldwide. The lockdown, for a huge number of informal sector workers is associated with the loss of livelihood; but for others engaged in low-valued essential works such as home delivery, scavenging and cleaning the society,...
More »Move to cash transfers will lead to savings, put agriculture on sustainable growth path -Ashok Gulati
-The Indian Express All such investments will go a long way to augment farmers’ incomes in a sustainable manner. Else, I am afraid, much of the talk in the Union budget for agri-reforms will remain mere rhetoric. Although the Union budget is basically an accounting exercise of revenues and expenditures for the coming year, economy-watchers anxiously wait for the finance minister to announce major economic reforms. In that sense, the budget of...
More »The Data Protection Bill only weakens user rights -Apar Gupta
-The Hindu A culmination of flawed policy proposals, this piece of legislation will refine, store and trade personal information In the continuing social churn and widespread citizen protests, it would seem out of place to direct thought towards issues such as data protection. The Personal Data Protection Bill, 2019, which was introduced in the Lok Sabha this month, is a revolutionary piece of legislation that promises to return power and control to...
More »Dr. Surjit S Bhalla, economist and Executive Director for India on the board of International Monetary Fund (IMF), interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line “Join the Regional Comprehensive Economic Partnership (RCEP), but do not ignore your internal market and demand. Ninety per cent of our bad export story is domestic challenges, 10 per cent is external environment or external policy,” says Economist Surjit S Bhalla. Seventy-one-year old Bhalla has a tough task ahead — to make New Delhi’s voice louder at the international forums as he is set to take charge...
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