-The Indian Express What is needed is ample income support for households and firms now so that the recovery is not hamstrung by excessively damaged balance sheets Even a cursory reading of Brazil’s recent history will confirm that the adoption of the all-encompassing cap on government spending in late 2016 was critical in rescuing the economy from the crisis of 2014-16. After riding the commodity boom of the 2000s, economic mismanagement and a...
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No data of dead Healthcare staff: Harsh Vardhan
-The Tribune After failing to come up with data on the number of migrants killed while making their way back to villages, the government said it did not have the complete data on the number of Healthcare staff, including doctors, nurses, support staff and ASHA workers, who have been affected by and died of Covid. However, the government said kin of 155 Healthcare staff, including 64 doctors, had sought relief under...
More »Tumbling down -Renu Kohli
-The Telegraph The slump in the GDP and the pain ahead The -23.9 per cent shrinkage in the April-June GDP is not a surprise as nearly half the period witnessed a national lockdown. It’s also not surprising that this loss is the world’s steepest for India’s lockdown was the most stringent and the accompanying fiscal policy response the weakest. But the quarter per cent slump did surprise most analysts who have since...
More »No Data On Migrant Deaths, So No Compensation, Says Government: 10 Points -Sunil Prabhu
-NDTV Parliament Session: The ministry, however, admitted that more than 1 crore migrants made their way back to their home states from various corners of the country. New Delhi: There is no data on migrant deaths so the "question does not arise" of compensation, the Union labour ministry said in parliament on Monday to a question on whether families of those who had lost their lives while trying to reach home in...
More »How to reduce food, job insecurity in rural areas -Binoy Acharya, Ved Arya, Pratyaya Jagnannath, and PS Vijayshankar
-Hindustan Times Launch a massive programme to rehabilitate returnee migrants; allocate an additional Rs 50,000 crore for MGNREGS; extend the free ration scheme for six more months; revive and strengthen public systems of service deliver; RBI should give a directive to banks to extend a top-up loan of Rs 10,000 crore to Self-help Groups After the Covid-19 outbreak, 66% of rural households fell short of cash for food. About 40% reduced their...
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