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Govt withdraws order on compulsory wage payment by firms during lockdown -Somesh Jha

-Business Standard Trade unions slam decision, employers welcome it, saying it was absolutely necessary especially in absence of grants from govt to industry for wage payment  In what may come as a major relief to businesses, the Union government has withdrawn its order directing employers to pay wages to workers, even with units remaining shut during lockdown. On Sunday, the Ministry of Home Affairs (MHA) had issued a fresh set of guidelines which...

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COVID-19 in South Asia: India Lags Behind Pak on Stimulus, Lanka on Overall Performance -Deepankar Basu and Priyanka Srivastava

-TheWire.in In each of the four large South Asian nations, the response of the state to the pandemic has been shaped by long standing and underlying political faultlines. In parts one and two of this article, we have discussed the spread of the COVID-19 pandemic, preparedness (in terms of health infrastructure), and the government’s public health responses to the pandemic in four South Asian countries. In this concluding part, we discuss two...

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Modi's 'Stimulus Package' is a Gigantic Confidence Trick Played on the People of India -Prem Shankar Jha

-TheWire.in Eighty per cent or more of the demand in the Economy has vanished thanks to the lockdown he hastily announced, with no warning or preparation. The only way out is to pump money in to revive demand. In  a discussion on NDTV about the contents of the third tranche of Prime Minister Narendra Modi’s stimulus package for the Economy, Yogendra Yadav, one of India’s most respected psephologists, called it ‘entertainment’. Yadav...

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Will farmers get a better deal after recent reforms? -Roshan Kishore

-Hindustan Times India has moved from a food-scarce Economy to a net exporter of food. However, food production does not guarantee food security. Affordability is what matters. New Delhi: The government has announced major agricultural policy changes as part of the economic package it has unveiled in the wake of the Covid-19 pandemic. These include deregulation of farm foods from the Essential Commodities Act (ECA). Farmers have also been allowed to sell...

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Post-COVID there is a case for a greener GNP -Ganesan Balachander

-Mongabay.com * The COVID-19 pandemic has shown up major fault lines in our development trajectory and one of the issues is how we account for growth and progress with the gross national product (GNP) calculated as a single bottom line, without paying heed to the ecological, environmental and social costs. * Air and water pollution have been shown to add a significant cost to India’s GNP. A greener GNP will take these...

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