-The Hindu Instead of embracing the welfare state path, the BJP government is encouraging greater privatisation The novel coronavirus is a global threat, but the pandemic has had an uneven impact across countries and within countries. Historically, social inequality has always been extreme in India. However, the lockdown has sharpened the edges of inequality even further, especially because of the way it has been implemented. Many countries have imposed lockdowns but not...
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How public health boosts an Economy -K Srinath Reddy
-The Hindu A stronger health system in a country can lead to better outcomes on the economic growth front When public health sneezes, the Economy catches cold. Dire predictions for the post-COVID-19 global Economy have come from the International Monetary Fund, which called the present crisis the worst downturn since the Great Depression. Grim forebodings for the Indian Economy have been sounded by many distinguished economists and the Governor of the Reserve...
More »Thomas Piketty, Professor of Economics at Paris-based School of Advanced Studies in the Social Sciences and expert on inequality, interviewed by Narayan Lakshman (The Hindu)
-The Hindu Nationalism is not going to solve the big problems, says the economist. If the catastrophic human toll of the ongoing COVID-19 pandemic was the first wave to strike the world this year, its severe economic consequences – including loss of livelihoods of the poor across countries, leading to massive internal displacement and starvation in many cases – have been the second wave. It is in this context that the seminal work...
More »Chhattisgarh to reward farmers through new scheme -Varghese K George
-The Hindu Baghel says scheme will cover rice, maize and sugarcane farmers to begin with, and will expand to other crops later Farmers in Chhattisgarh would get up to ₹13,000 an acre a year under a new income support programme announced by the State government. The Rajiv Gandhi Kisan Nyaya Yojana would kick off on Thursday, 19th death anniversary of the former Prime Minister. In the first instalment, ₹1,500 crore would be...
More »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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