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Can MGNREGA be a tool for post-COVID-19 rural recovery -Shilp Verma

-Down to Earth Agriculture is the least-affected sector of the economy. It is poised to gain and lead economy’s revival process ‘Year of COVID-19’— this is how 2020 is probably going to be remembered. It has been more than six months that the novel coronavirus disease has been dominating public discourse, news cycles, internet searches and even geopolitics. As on July 8, 2020, India had more than 0.7 million cases. It was among...

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139 million people across Indian cities likely to run out of savings by month-end -Ganesh Rao, Praveen Ravi and Vishnu Padmanabhan

-Livemint.com 30% of India’s urban population may deplete their lifetime savings by the end of June and would find it difficult to meet essential consumption In the best of times, India’s poor lead a fragile existence but in the worst of times their situation becomes extremely precarious. The lockdown of the country over the past few months has discomfited everyone but it has hit the urban poor the hardest. Measuring vulnerability accurately is...

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Success story of Telangana welfare schools for SC students chosen for case study in Harvard University -Srinivasa Rao Apparasu

-Hindustan Times The society runs 268 social welfare schools providing free education, food and clothes to nearly 1.5 lakh children from Class 5 to under-graduate courses. Hyderabad: The success story of residential schools being run for students belonging to marginalised sections by the Telangana government has been chosen as a case study for the prestigious Harvard University in the United States of America. A communication to this effect from Harvard University was received...

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Prabhat Patnaik, an economist and former economics professor at the Jawaharlal Nehru University, interviewed by Kaushal Shroff (The Caravan)

-CaravanMagazine.in In the budget unveiled in July, the finance minister Nirmala Sitharaman ambitiously claimed that India’s economy would hit $5 trillion by 2025. In the weeks that followed, the Central Statistics Office revealed that the gross domestic product growth rate for the April–June quarter fell to a six-year low of five percent; the Reserve Bank of India cleared a surplus transfer of Rs 1.76 lakh crore to the union government; and...

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Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)

-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...

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