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India’s nutrition crisis has widened during the pandemic – especially for women and children -Deepanshu Mohan, Vanshika Shah and Advaita Singh

-Scroll.in The focus is on providing food grains to the very poor as against supporting that with more funding for existing nutrition-focussed welfare programmes. Data collated from a recent paper -studying the impact of the Covid-19 lockdown in 2020 by Jean Dreze and Anmol Somanchi reflect the grim condition of India’s looming malnutrition crisis. In a co-authored essay around April 2020, we had argued how the “hidden costs of this pandemic” (and the...

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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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States reopening not prudent as vaccination rates still low: Oxford Economics

-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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Rural term deposits fall for first time in eight years -Vivek Kaul

-Livemint.com As of 31 March, the total outstanding term deposits with banks in rural India contracted by 1.05% to ₹6.99 trillion from a year earlier Every three months, the Reserve Bank of India (RBI) declares region wise data for term deposits. As of 31 March, the total term deposits of commercial banks in India rose 8.42% to ₹86.4 trillion from a year earlier. Term deposits are money that depositors keep in a bank...

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Retail inflation soars to 6.3%, a 6-month high

-The Hindu Rural areas see sharper spurt; WPI inflation races to record 12.94% spurred by rise in fuel, edible oils Retail inflation hit a six-month high of 6.3% in May, thanks to a persistent rise in fuel and edible oil prices, which also played a part in pushing wholesale prices to a record 12.94% inflation in the month, as per data released on Monday. Consumers experienced an inflation of 11.58% for the ‘fuel...

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