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The Poverty of Economic Conservatism -Prabhat Patnaik

-NetworkIdeas.org In terms of Economic Policy, the Modi government must be perhaps the most conservative in the world. During the entire period of the pandemic when millions of people lost their incomes and livelihood support, most governments around the world provided universal cash transfers to the people, but not the Modi government. True, many other third world countries too did not provide such universal cash transfers, but their hands were tied;...

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Anjali Bhardwaj, transparency activist and founder of the Delhi-based Satark Nagrik Sangathan (SNS), interviewed by Shreehari Paliath (IndiaSpend.com)

-IndiaSpend.com To fight hunger and distress due to the pandemic, India must universalise foodgrain distribution, expand the food basket in its rations scheme and provide cash transfers, activist Anjali Bhardwaj tells us in this interview Bengaluru: The pandemic-induced lockdowns have had a profound impact on livelihoods, affecting poor Indians' food intake, studies show. In October 2020, more than half the respondents of a Hunger Survey said their rice/wheat consumption had declined during...

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The rural economy can jump-start a revival -Himanshu

-The Hindu The Government needs to reverse its neglect and policy missteps as key indicators show the sector has resilience The second wave of the COVID-19 pandemic could be slowly receding with a decline in the official estimates of daily infections and deaths. The economy is also very gradually getting back to normal, with many States beginning to ease some of the restrictions imposed in their lockdowns. However, the challenge of an...

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Govt’s data apathy harming pandemic response: Experts -Tanay Sukumar and Pramit Bhattacharya

-Livemint.com Policymakers are flying blind when it comes to designing an effective response to the pandemic As the second wave of covid-19 ebbs in India and policy focus shifts to the economic damage caused by lockdowns for the second consecutive year, economists are finding it hard to assess the extent and spread of the damage. The absence of benchmark survey data in the pre-pandemic period, the abrupt halt to most survey work during...

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‘Record’ FDI inflows, yes, cause for celebration, no -Biswajit Dhar and KS Chalapati Rao

-The Hindu The inflows during 2020-21 have not been in sync with the Government’s priorities for economic recovery In an otherwise gloomy economic scenario, one area of cheer for the Government has been the numbers on inflows of foreign direct investment (FDI). In a recent press release, the Ministry of Commerce and Industry announced that “India has attracted highest ever total FDI inflow of U.S.$81.72 billion during the financial year 2020-21 and...

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