-The Hindu The Centre must recognise that winning the war on COVID-19 is linked to the States being armed with enough resources The scale of disruption caused by the COVID-19 pandemic has never been seen before. Even as we are in the midst of the second phase of the national lockdown, there is no clarity on the time it will take to come out of the crisis, the extent of damage it...
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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...
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 »Are Distress Deaths Necessary Collateral Damage of Covid-19 Response? The Experience of First Three Weeks of the Lockdown in India -Vikas Rawal, Karthik A Manickem and Vivek Rawal
-Vikalp.ind.in India implemented a national lockdown to contain the spread of COVID-19 pandemic. The lockdown was announced suddenly, and without a prior warning to give time to people to prepare for it. The suddenness with which lockdowns were implemented does not seem to have been part of any plan but a reflection of the lack of planning. On March 16, the Prime Minister asked people across the country to self-quarantine just...
More »Lockdown extended: But where are the big bang fiscal stimulus measures? -Radhika Merwin
-The Hindu Business Line In a bid to curb the spread of Covid-19, Prime Minister Narendra Modi extended the ongoing lockdown till May 3. While the move was imperative to save lives, taking stock of the massive impact of the extended lockdown on jobs and livelihoods is equally critical. More importantly, the Centre will have to announce big bang fiscal measures soon, to address the fallout of the virus-induced lockdown that...
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