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Telephone survey shows high understanding of social distancing, support for lockdown -Sonalde Desai & Santanu Pramanik

-The Indian Express When asked about how many people they had come in contact with outside the house over the preceding 24 hours, over 50 per cent responded that they had not come in contact with anyone. With the nation in the midst of an extended lockdown to prevent the spread of COVID-19, the question of what to do next looms large. We are operating in a brave new world where modern...

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Covid-19 inflicts a daily loss of Rs.224 crore to India’s fishery sector -V Sajeev Kumar

-The Hindu Business Line Kochi: The Covid-19 lockdown has put the country’s marine fishery sector in deep sea, inflicting a daily loss of ₹224 crore, a report prepared by the Central Institute of Fisheries Technology (CIFT) said. The monthly loss for the sector is estimated to be about ₹6,838 crore; the Kochi-based institute has put ₹6,008 crore loss to mechanised sector and ₹830 crore for non-mechanised sector. However, the loss incurred in...

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Hans Timmer, World Bank's Chief Economist for South Asia, interviewed by Suhasini Haidar (The Hindu)

-The Hindu Disruptions in the supply chain and panic buying can lead to price spikes: Hans Timmer In a report released this month, the World Bank has predicted a ‘dire’ situation for South Asia due to the economic impact of measures to counter the novel coronavirus pandemic, suggesting that the eight SAARC countries (Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan, Maldives and Sri Lanka) will experience their worst economic performance in 40 years,...

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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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Shocks caused by COVID-19: Addressing chronic poverty, its inter-generational transfer -Aasha Kapur Mehta & Rupal Dalal

-Down to Earth Any health shock causes entry into poverty for most of those who suffer from it We are living through a time of extreme adversity. The entire country is in lockdown in an attempt to survive the threat of the novel coronavirus disease (COVID-19) pandemic. Economic activity is at a standstill. All plans and goals, whether related to sustainable development or otherwise, have gone for a toss. There is simply no chance...

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