-TheWire.in Eighty per cent or more of the demand in the economy has vanished thanks to the lockdown he hastily announced, with no warning or prepaRATion. The only way out is to pump money in to revive demand. In a discussion on NDTV about the contents of the third tranche of Prime Minister Narendra Modi’s stimulus package for the economy, Yogendra Yadav, one of India’s most respected psephologists, called it ‘entertainment’. Yadav...
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How COVID-19 is amplifying gender inequality in India -Kadambari Shah, Sahil Gandhi, and Gregory Randolph
-The Indian Express Women are bearing a disproportionate amount of the burden that the imposition of lockdowns, shrinking of economic opportunity has created. While much of COVID-19’s epidemiology remains shrouded in mystery, we know that it claims the lives of men more than women — at double the RATe in some countries. Other coronavirus outbreaks, such as the 2003 SARS and 2012 MERS epidemics, were also more deadly for men than women. But...
More »States cannot be left to the Centre’s mercy -Praveen Chakravarthy
-The Hindu Not only are the States not paid what is due to them, they have also lost the powers to raise their own sales tax revenues Karur MP S Jothimani recently conducted a telephonic survey of 30 lakh people in Tamil Nadu on the re-opening of liquor shops in the State during lockdown 3.0. An overwhelming 89% were opposed to the move. The Maharashtra government too decided to permit liquor shops to...
More »Are India’s labour laws too restrictive? -Suresh Seshadri
-The Hindu For employers, availability of skilled workforce and worker-management ties are more vital Some State governments including Uttar Pradesh (U.P.) and Madhya Pradesh (M.P.) have proposed ordinances to exempt manufacturing establishments from the purview of most labour laws. In a discussion modeRATed by Suresh Seshadri, Amit Basole (Associate Professor of Economics, Azim Premji Unversity, Bengaluru) and K.R. Shyam Sundar (Professor of Human Resource Management, XLRI, Jamshedpur) look at the backdrop for...
More »Most small farmers outside formal credit system. Sitharaman’s announcements won’t help them -Shoumitro Chatterjee and Mekhala Krishnamurthy
-ThePrint.in An RBI report says that despite numerous existing initiatives, at most 40 per cent of India’s small and marginal farmers are covered by formal credit. There is no doubt that agricultural credit is a critical element of both agricultural production and marketing across India. However, during a period of acute crisis, the government needs to bank on channels that are relatively robust and far-reaching. Unfortunately, especially when it comes to small...
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