-The Hindu A statement issued by the PMO stated that Mr. Modi discussed India’s initiative at the WTO for relaxation in TRIPS agreement Prime Minister Narendra Modi and U.S. President Joe Biden had a telephone conversation on Monday with assurances exchanged on smoothening out issues related to supply chains for vaccines for COVID-19 and the latter affirming that the U.S. would be supporting India’s efforts to come to grips with the massive...
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Care economy: Why India must recognise and invest in care work -Mitali Nikore
-The Indian Express Building infrastructure and services, including pre-primary education, maternity, disability and sickness benefits, and long-term care, will help ensure that India’s post-COVID recovery is equitable and gender-inclusive. The Cambridge Dictionary defines “infrastructure” as “the basic systems and services that are needed in order to support an economy.” Traditionally, infrastructure has been understood and interpreted to mean physical, immovable assets, primarily in the energy, transport, telecommunications and water sectors. Over the last...
More »US Stimulus: Setting a new agenda? -CP Chandrasekhar
-The Hindu Business line/ Macroscan.org The $1.9 trillion American Rescue Plan signed by Joe Biden is one of the biggest fiscal boosts in the world in recent times. It marks a move away from the fiscal conservatism and dependence on monetary policy instruments characteristic of the neoliberal era that began with Reagan. Please click here to read more. ...
More »Budgeting in a time of crisis -TCA Ramanujam
-The Hindu Keynesian economics offers guidelines for preparing the Budget The Great Depression wrecked the economies of the U.S. and Europe. In the words of Jonathan Alter, when Franklin Roosevelt became the American President in 1933, he was told: “Mr. President, if your programme succeeds you would be the greatest President in American history. If it fails, you will be the worst one”. Roosevelt replied: “If it fails, I will be the...
More »Paris Accord: A race against the clock to keep the planet cool - G Ananthakrishnan
-The Hindu Joe Biden, who won the 2020 presidential race, could take the U.S. back to the leadership position in the fight against climate change The U.S. could become the leader in the world’s quest to avert dangerous climate change under a Joe Biden presidency, marking a return to global cooperation and reversing President Donald Trump’s isolationist rejection of efforts to cut carbon emissions. On November 4, a year after serving notice, and...
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