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'Pushing Urban Poor to Take Loans is Wrong, Govt Needs to Give Income Support Instead' -Karan Thapar

-TheWire.in Professor of Economics at the University of Massachusetts at Amherst, Jayati Ghosh, says over the last 16 months of the pandemic the government’s handling of the economic crisis has been cruel and incompetent. One of India’s well-known and highly regarded economists has said the government’s refusal to provide income support to the unemployed and poor and instead asking them to take government guaranteed loans which the Chief Economic Advisor has said...

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Jean Drèze, development economist and right to food activist, interviewed by Shriya Mohan (The Hindu Business Line)

-The Hindu Business Line The development economist, now part of Tamil Nadu’s Economic Advisory Council, says that public expenditure on health is just 0.6 per cent of the state domestic product, one of the lowest ratios among Indian states * Universal quality education, health care and social security are still distant goals * A well-designed system of emergency cash transfers would be quite useful in this situation of recurrent crises, which may last...

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Esther Duflo, Raghuram Rajan, Arvind Subramanian in economic advisory council to Tamil Nadu CM -Janardhan Koushik

-The Inidan Express A white paper detailing the true state of Tamil Nadu’s finances will be released in July, said Governor Banwarilal Purohit during the first session of the 16th state legislative assembly in Chennai. Chennai: The Tamil Nadu government will form an economic advisory council comprising Nobel laureate Esther Duflo of the Massachusetts Institute of Technology (MIT), USA and former Reserve Bank of India governor Raghuram Rajan to advise the chief...

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SBI report emphasises on vaccination, says nearly half of the new cases in rural India

-The Hindu ‘Economy taking a severe hit from 2nd wave; Growth hopes fading' The second wave of the COVID-19 pandemic has engulfed rural India, spreading far beyond the worst hit cities and districts, with nearly half the country’s new cases being reported from rural districts, an SBI research report said on Friday. Red-flagging the slowing vaccination pace from an average 28 lakhs per day in April to just 17 lakhs per day, the...

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Dismantling the labyrinth: What I learnt about power and privilege when I quit Ashoka in 2016 -Rajendran Narayanan

-Scroll.in To truly create sanctuaries of learning and questioning, the right to be heard impartially must be universal. Pratap Bhanu Mehta’s resignation from Ashoka University has been met with widespread condemnation from various academics. Rightly so. He is one of the foremost scholars and an articulate commentator on the Indian Constitution and politics. His resignation triggered the resignation of the renowned economist, Arvind Subramanain, who was India’s Chief Economic Advisor between 2014...

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