-The Hindu Loss of livelihoods has pushed poor families to opt for early marriages The COVID-19 pandemic and subsequent lockdown have proved to be new drivers of child marriages in rural Madhya Pradesh with several reports of such ceremonies from different parts of the State during the ongoing marriage season. “I am a widow and I don’t have any kind of social security. Marriage is the only safe option for my daughters,” said...
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Study points towards hunger and destitution amidst hope for a V-shaped economic recovery
Preliminary findings of a survey among 3,994 respondents from 11 states reveal that most vulnerable households and communities, such as SCs, STs, OBCs, PVTGs, slum dwellers, daily wage labourers, farmers, single women headed households, etc. continue to witness depressed incomes during September-October in comparison to their income levels prior to the lockdown. The face-to-face survey conducted by the Right to Food Campaign and Center for Equity Studies (instead of telephonic...
More »The dangers of misplaced optimism -CP Chandrasekhar
-The Hindu The government’s economic recovery hype is off track and this is not a time for fiscal conservatism Preliminary evidence that India’s economy contracted by 7.5% in the second quarter of financial year 2020-21 was, as news, both good and bad. Good because that figure is far lower than the 23.9% contraction registered in the first quarter of this financial year. Bad because a 7.5% second quarter contraction is high both...
More »There’s Nothing to Celebrate About Q2 GDP Estimates -Prabhat Patmaik
-Newsclick.in The statistics are dubious because there is a substantial increase in GDP under the head “discrepancies”, which is synonymous with errors and omissions. It is ironic that government spokespersons should exhibit so much euphoria over the second quarter (July-September) gross domestic product (GDP) estimate, which shows a drop “only” of 7.5% compared with the second quarter 2019-20. The expectation had been that the drop would be larger, about 8 to 9%;...
More »Questionable data, little room for exuberance -R Nagaraj
-The Hindu Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest The decline in the quarterly GDP growth rate, by 7.5% during July-September 2020 (FY 2020-21: Q2), compared to a 24% decline in the first quarter has raised expectations of a sharp economic recovery after the novel coronavirus pandemic and the national lockdown. But is such optimism justified? A tracker India’s GDP at current...
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