-IndiaSpend.com More younger workers, and women, lost jobs and struggled to recover them. Even after employment RATes recovered, quality of employment deterioRATed, with individuals moving into less secure self-employment in agriculture, construction and small-scale trade. Bengaluru: The COVID-19 pandemic has delivered a large and sustained economic shock to the global economy. In India, the effect can be broadly divided into two phases--the shock of the nationwide lockdown in the months of April...
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Don’t doubt Indian vaccines -G Padmanaban
-The Hindu Vaccination is important to prevent a second wave Several people have questioned the emergency approval given to the indigenously developed COVID-19 vaccine. They have demanded efficacy data and cast aspersions on the regulatory machinery. Such views will only increase vaccine hesitancy. It is not the case that the vaccine developed indigenously is being pushed by vested interests, while the international vaccines are great. Questions have been raised about the Moderna and...
More »Financial boom at a time of economic stagnation -Sunanda Sen
-The Hindu The paradox becomes clearer by recognising the circuit of financial flows beyond the real economy Divergences between the booming financial and the stagnant real sectors, which appear RATher confounding as well as disconcerting, warrant an explanation. EnumeRATing the facts in India’s major secondary stock market, the Sensex (the benchmark index of the BSE Limited, or formerly the Bombay Stock Exchange Ltd.) has been found tracking an upward path, from 40,817 on...
More »Delhi survey: 10% kids out of school, 80% homes don’t have computers -Sourav Roy Barman
-The Indian Express Nearly three-fourth of the population depends on government facilities; of the 2.60% who suffer from chronic illnesses, most have diabetes. # Two lakh children remain “out of school”, including 64,813 due to “financial constraints”. # Over six lakh between 0-6 years are outside the net of anganwadis, which cover less than half of Delhi’s pregnant women. # Over 63% people use buses for commuting, while only 6% depend on the flagship...
More »Constructive critique is our role, says CAG -Rajeev Jayaswal and Neeraj Chauhan
-Hindustan Times CAG reports in the past have been questioned by critics, for instance its estimate that the 2007-2008 allocation of 2G spectrum had caused a notional loss to the exchequer of ₹1.76 lakh crore, and that the allotment of coal blocks had caused a similar loss of ₹1.86 lakh crore. The Comptroller and Auditor General of India (CAG), Girish Chandra Murmu, says the government auditor is adopting a policy of “constructive...
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