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Modi 2.0: Dark clouds have engulfed the nation -Sitaram Yechury

-Hindustan Times The government has undermined secular democracy; social justice; federalism; and economic self-reliance Surreal is, perhaps, the only way to describe marking of the first anniversary of the Modi 2.0 government. As the government data detailing the pre-coronavirus disease destruction of the economy and the consequent ruination of crores of lives during the last year was being released, Prime Minister (PM) Narendra Modi was writing to all of us describing the...

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How public health boosts an economy -K Srinath Reddy

-The Hindu A stronger health system in a country can lead to better outcomes on the economic growth front When public health sneezes, the economy catches cold. Dire predictions for the post-COVID-19 global economy have come from the International Monetary Fund, which called the present crisis the worst downturn since the Great Depression. Grim forebodings for the Indian economy have been sounded by many distinguished economists and the Governor of the Reserve...

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Recent reports predict gloomy days ahead for the overall economy

Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...

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Give basic income of Rs 4,260 to all individuals in informal sector for 6 months: INBI -Tina Edwin

-The Hindu Business Line INBI has said that emergency basic income should be completely unconditional Close on the heels of the United States (US) and the United Kingdom (UK) announcing measures to protect incomes of vulnerable households through cash transfers and other fiscal measures, the Indian Network for Basic Income (INBI), an advocacy group working in the area of basic income transfers, has asked the Central Government to consider an emergency basic...

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What economic slump really means for workers -Shiv Inder Singh

-Newsclick.in Punjab is industrialised and its agriculture is mechanised. The state is in the grip of a downturn which has hurt the migrant poor most. The Union Budget is the talk of the town, but the Economic Downturn is not. The prevailing economic situation has hurt all sectors of the business and economy. One symptom of the downturn is that unemployment has broken a 45-year record. Even if these facts are known,...

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