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Vicious cycle -Prabhat Patnaik

-The Telegraph A system without any steering control An essential characteristic of modern capitalism is that the living conditions of millions of people are determined by the whims and caprices of a handful of financial speculators; indeed, that is what ‘leaving things to the market’ really entails. Consider what is happening in India today. There is a massive outflow of finance from the country because of which the rupee is depreciating  vis-à-vis...

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Tuberculosis deaths and disease increase during the COVID-19 pandemic

-Press release by World Health Organisation dated 27 October, 2022 An estimated 10.6 million people fell ill with tuberculosis (TB) in 2021, an increase of 4.5% from 2020, and 1.6 million people died from TB (including 187 000 among HIV positive people), according to the World Health Organization’s 2022 Global TB report. The burden of drug-resistant TB (DR-TB) also increased by 3% between 2020 and 2021, with 450 000 new cases...

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WHO report draws our attention to the human cost of non-communicable diseases

If you are not serious about non-communicable diseases, then this single piece of information is enough to scare you -- during 2019, almost two-third of deaths in India occurred due to such diseases i.e., NCDs.   The newly released report by World Health Organization shows that out of the total deaths in 2019 in our country, about 28 percent were caused by cardiovascular diseases (CVDs), 10 percent by cancers, 12 percent by chronic...

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A reality check -Renu Kohli

-The Telegraph India’s economic recovery is uneven India’s ranking as one of the world’s fastest growing economies — a bright spot in a troubled and slowing world economy — routinely figures in the public discourse. It was upheld even as oil prices zoomed and inflation surged early this year. It did not waver when growth forecasts were lowered some six months ago. It wasn’t rattled when growth underperformed in the April-June quarter....

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Macro policy for uncertain times -Sonal Varma

-Business Standard External storms are morphing into hurricanes. India is in a relatively better position than many other countries, but this period of heightened volatility will require agility and clarity on policy Despite recovering from the pandemic, repeated global shocks have presented numerous challenges for India’s economy this year, driving inflation and evoking balance of payments (BoP) pressures. These shocks will likely persist for much longer.  In the US, even amidst signs of...

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