-The Hindu West Bengal has effectively used the vaccines supplied by the Centre, economist says West Bengal Chief Minister Mamata Banerjee on Thursday met Nobel laureate Abhijit Vinayak Banerjee and discussed India’s management of the COVID-19 pandemic with him. Mr. Banerjee, who is a member of West Bengal’s COVID-19 management committee, said that his sense is that the biggest problem is that the Centre is not capable of generating the supply of vaccines...
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Poverty in India is on the rise again -Santosh Mehrotra and Jajati Keshari Parida
-The Hindu In the absence of CES data, the Periodic Labour Force Survey shows a rise in the absolute number of the poor India has not released its Consumption Expenditure Survey (CES) data since 2011-12. Normally a CES is conducted by the National Sample Survey Office (NSO) every five years. But the CES of 2017-18 (already conducted a year late) was not made public by the Government of India. Now, we hear...
More »Most households in rural Bihar faced livelihood crisis during the first wave of COVID-19, reveals a recent study
The pandemic's first wave had a devastating impact on the livelihoods of rural workers in Bihar (including the self-employed) last year, according to a survey based research, jointly done by economists from Centre for Development Economics and Sustainability at Monash University, Australia and the New Delhi-based Institute for Human Development. A recent press note issued by the authors of the study shows that almost 94.4 percent of the households participating...
More »A cycle of low growth, higher inflation -Anand Srinivasan
-The Hindu Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery In recent times, right-leaning economists have been arguing that the Government does not need to do anything with the economy and that it will revive by itself. They call those who disagree with them, doomsday merchants. These economists reason that, like after the Great Depression, the economy rebounded worldwide, and so will...
More »Calculating the benefits of lockdowns -Dipankar Dasgupta
-The Hindu Lockdowns need to be guided by trade-offs between harsh and mild policies Data show that as of now 26.2% of the world population has received at least one dose of a COVID-19 vaccine. Of them, only 1% live in low-income countries. By contrast, the richer nations, such as the U.S., Canada, Germany and Britain, registered above 50% vaccination by July 17. For India, the percentage of the adult population that...
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