-Livemint.com Rural India was battling economic difficulties even before the pandemic. The pandemic-induced lockdown increased hardships even further. The historic contraction in India’s gross domestic product (GDP) figure for the June-ended quarter has raised several questions on what the future holds, and what that contraction has meant for ordinary people. Macro-economic statistics can often fail to capture the diverse realities of a country as large as India, and hence it is useful...

Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....

-Scroll.in In absence of any overarching policy protecting them, home-based workers are one of the worst affected in the coronavirus pandemic. Around 41.85 million workers in India work from their homes as home-based producers. They have always done so, even before the pandemic. The poor quality of their homes and the deficits in housing and urban infrastructure policies have grave economic consequences for them, which are being exacerbated by the Covid-19 crisis. At...

-Newsclick.in Municipal official says corporation “acted upon” February orders, issued by NGT; no prior notice was served, alleged the aggrieved residents. The multiple calls to stay at and work from home to curb the COVID-19 outbreak ceased to be a crude joke for residents in Gurugram’s Sikanderpur area, after the municipal body carried out a demolition drive, rendering almost 600 families homeless earlier this week. The shanties – which were home to many...

-Newsclick.in Why has there been a tendency toward persistent ‘excess supply’ in the foodgrain market when growth rate of foodgrain output has barely exceeded the population growth rate? The pandemic and the lockdown are certainly causing an absolute shrinkage in the gross domestic product (GDP) of the Indian economy. But these tend to obscure something very serious that was happening even earlier, namely, a real income decline for vast numbers of working...