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How Covid has flattened prices, shifted demand curve for agri-commodities -Harish Damodaran

-The Indian Express Lockdown has led to demand destruction similar to demonetisation even for commodities such as potato and milk that were till recently in short supply While there is debate on how much the lockdown has helped in “flattening the Covid-19 curve”, one thing is clear: It has led to a flattening of prices through a “leftward shift in the demand curve”. The best way to illustrate this is through two agricultural...

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Recent reports predict gloomy days ahead for the overall economy

Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...

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Covid-19: Kerala shows the way -AM Jigeesh

-The Hindu Business Line Boasting a determined political leadership, Kerala has set a record of sorts in flattening the Covid-19 curve On January 18, KK Shailaja — “Shailaja Teacher”, as she is popularly known for her no-nonsense, science teacher demeanour — summoned a meeting of the Kerala health department, a ministry she had efficiently steered through unprecedented floods in 2018-19 and the outbreak of Nipah virus. There was no cause for alarm...

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Why everyone should wear masks -T Jacob John

-The Hindu The pandemic can be slowed only by a lockdown as well as by ensuring universal mask use Flattening the epidemic curve (case distribution curve) is the need of the day. On the curve, Y axis and X axis represent case numbers and time, respectively. A normal epidemic curve is bell-shaped, with an early ascending slope (first phase), a peak (second phase) and a declining slope (third phase). The area under...

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136 million jobs at risk in post-corona India -Goutam Das

-Livemint.com * There will be a tsunami of job losses for employees who don’t have a regular salary, people without a written contract * A labour market crunch right now can easily turn into a nightmare. Besides the possibility of social unrest, expect more demands for more reservations in government On a Monday afternoon, a day before India announced a 21-day lockdown to Flatten the curve of covid-19 infections, Sunil Gupta, chairman and...

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