-The Hindu Business Line Fiscal policy in India has been very timid amidst harsh, inefficient (in terms of public health outcomes) lockdown spells. Unless this changes, the economy may dive further As India faces the biggest economic crisis since Independence, it is being led by a central government in denial about the severity of the impact on lives and livelihoods, and spreading false hopes about the immediate future. The Monthly Economic Report of...
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An Expert Explains: Decoding GDP contraction --Neelkanth Mishra
-The Indian Express The contraction seen in first-quarter GDP data is severe, but not unexpected. What should be done — or not done – at the level of govt policy so that the economy gets a chance to rebound as quickly as possible? * How should one read the first-quarter GDP data and the contraction by 23.9%? What signal does it offer for the future? And does it give any idea of...
More »Kesavananda Bharati — the petitioner who saved democracy, but lost his case in Supreme Court -Krishnadas Rajagopal
-The Hindu The historic Fundamental Rights case prevented the nation from slipping into a totalitarian regime Kesavananda Bharati Swamiji, the sole unwitting petitioner in the historic Fundamental Rights case which prevented the nation from slipping into a totalitarian regime, died on Sunday. He was 80. Though the judgment is a landmark, the Swamiji did not win any relief in the case. The amendments in the Kerala land reforms law which he had challenged...
More »Role of collective organisations during economic crises -Indranil De, Mubashshir Iqbal and Rooba Hasan
-The Hindu Business Line The government, market and collectives should have worked in tandem to develop resilience of economic institutions during the slowdown in India The sharp downfall in the economic growth rate could be attributable to a lack of resilience of Indian economy. Only fiscal and monetary policies may not halt the downfall of the economy. Collective organisations, including NGOs, have played an important role in consumption and income-smoothing. The downfall...
More »Prashant Bhushan, noted Supreme Court lawyer and human rights activist, interviewed by Krishnadas Rajagopal (The Hindu)
-The Hindu If you have not said anything wrong and if you fully believe in what you have said, then your ego should be such, your self-righteousness should be such that you don’t cave in just because they are offering you an easy way out, says the civil rights lawyer. Civil rights lawyer Prashant Bhushan was punished for criminal contempt by scandalising the Supreme Court. The court punished him with a ₹1...
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