-The Hindu Business Line Suppressing data that point to low growth, rising joblessness and poverty impedes effective policymaking in a crisis Finance Minister Nirmala Sitharaman, in her Budget speech, said “data is the new oil” and stressed on the credibility of data to combat the difficulties in real-time monitoring of the Indian Economy. She even proposed building data centre parks throughout the country so that skilful incorporation of data in every step...
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The coronavirus battle and its ripple effects on the Economy -Niranjan Rajadhyaksha
-Livemint.com Direct handouts and fiscal rather than monetary action could help tide over the current shock and its potential after waves The Covid-19 pandemic is, above all, a human tragedy. The impact on the Economy is at best second in the list of public policy concerns right now. Governments across the world have done well to sacrifice economic activity in an attempt to contain the spread of the virus. However, the economic...
More »Kumar Sambhav, independent researcher and co-founder of Land Conflict Watch, interviewed by Aditi Phadnis (Business Standard)
-Business Standard State govts are failing to realise that farmers, landowners are much more aware of the actual market value of their land and about the legal provisions related to consent and rehabilitation etc Independent researcher Kumar Sambhav, who has co-founded Land Conflict Watch - the first and largest database of ongoing land conflicts in India - tells Aditi Phadnis that while India has enacted laws to protect the rights of marginalised...
More »UP to compensate daily earners for livelihood loss due to Covid-19 -Virendra Singh Rawat
-Business Standard Schools across the state shut till April 2, while protests and demonstrations banned Lucknow: In the backdrop of the coronavirus scare expected to hit the livelihood of daily wage earners due to slowing down of Economy, the Uttar Pradesh government on Tuesday announced to constitute a high-level committee to provide them the required monetary support. The three-member committee, headed by the UP finance minister and comprising the state agriculture and labour...
More »Problematic revisions: We need fewer, quicker economic growth estimates -AK Bhattacharya
-Business Standard The CSO releases as many as 6 estimates of India's annual economic output growth; believe it or not, these estimates for the same year's economic output are released over a period of three years! When the Central Statistics Office (CSO) declared India’s gross domestic product (GDP) growth figure for 2016-17 on January 6, 2017, economic policy makers in the Narendra Modi government were disappointed. The GDP growth figure was only...
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