-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...
More »SEARCH RESULT
Why India Should Support an SDR Issue by the International Monetary Fund -Jayati Ghosh
-TheWire.in New Delhi shouldn’t ignore the interests of developing economies over worries that the funds may be used for ‘extraneous reasons’. The global economy is in the grip of an unprecedented crisis, once never experienced before in its history. The virus pandemic has yet to run its course in most countries, but meanwhile, the containment measures – which have involved major restrictions on mobility, gatherings and economic activity – have already imposed...
More »A blueprint to revive the economy -P Chidambaram & Praveen Chakravarty
-The Hindu A carefully crafted economic proposal for consideration of the Indian government to help our fellow citizens “We have no food, no home, no income. My children are starving,” cried Prachi to a TV anchor on April 14. Prachi, a migrant worker from Bihar, is one of the roughly 400 million workers in India who are dependent on daily wages for their survival. She has lost her source of livelihood because...
More »COVID-19: Centre issues standard operating procedure to guide farmers during kharif crops sowing
-PTI/ Financial Express Paddy is the main kharif (summer) crop, besides pulses, oilseeds and commercial crops like cotton and sugarcane. The Union Agriculture Ministry on Thursday laid down the standard operating procedure (SOP) to guide farmers on safety precautions that need to be strictly followed during planting of kharif crops amid the threat of COVID-19 pandemic. Paddy is the main kharif (summer) crop, besides pulses, oilseeds and commercial crops like cotton and sugarcane....
More »A long haul, spend wisely, but don’t skimp on the truly needy -Amartya Sen , Abhijit Banerjee & Raghuram Rajan
-The Indian Express Amartya Sen, Raghuram Rajan, Abhijit Banerjee write: As it becomes clear that the lockdown will go on for quite a while, the biggest worry right now, by far, is that a huge number of people will be pushed into dire poverty or even starvation by the combination of the loss of their livelihoods and interruptions in the standard delivery mechanisms. We in India worry a lot about the possible...
More »