-PTI/ The Hindu Using test positivity as guiding factor may create challenges: Oxford Economics States’ reopening strategy in the wake of a decline in COVID-19 cases is not “prudent” and might even result in a rise in infections as vaccine coverage remains low in many States, global forecasting firm Oxford Economics said on Wednesday. In a report, it also said, “we remain cautious and maintain our 2021 growth forecast at 9.1%”, pointing out...
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The state of India’s poor must be acknowledged -Seema Chishti
-The Hindu This is ‘abject poverty’, and if the economy is to be repaired, the number of the poor has to be meticulously counted The son of a corn merchant-turned sociologist, Charles Booth had little patience for Charles Dickens and others in his time, who used lyrical prose to describe the desperation of the poor in working class London. Booth was also angry, in 1885, over the claims made by F.D. Hyndman,...
More »Covid has devastated India’s self-employed women -Mirai Chatterjee
-ThePrint.in Women employed as domestic workers in India’s cities have lost work in vast numbers, forcing many to return to their home villages. Lasuben Shivlal Raval is a 70-year-old grandmother from Ahmedabad in India. She has worked as a ‘headloader’ – a goods carrier – in one of the city’s biggest wholesale cloth markets for decades. Her work was always tough, but life became immeasurably harder for Lasuben and her fellow workers...
More »‘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...
More »Save water: We need a lot of blue to stay green -Niraj Kumar and Sagarika Mishra
-The Financial Express According to a study, by 2025, agricultural productivity is likely to fall by 68 percent in more than one-third of India's districts that are currently under water stress. The covid-19 pandemic’s impact on the country’s economy has been colossal. Nevertheless, Indian agriculture to date has resisted the onslaught. Though in the FY 2020-21, India’s GDP contracted by 7.7 percent, including negative growth in industry and services agriculture delivered a...
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