-The Telegraph Labour ministry weighs proposal for essential goods, economists advise time limit The central government is likely to allow select factories that produce essential items to engage workers beyond the stipulated eight hours a day. The move is aimed at curbing footfall to ensure social distancing at workplaces and also averting a disruption in the supply chain of products like grocery items, medicines and processed food. The suggestion for such a step —...
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100 million Indians fall through gaps in food safety net, economists urge rethink on Covid-19 relief
-Scroll.in The Central government is using outdated population figures to determine grain allocations to states under the food security law. Millions of Indians live on the verge of hunger even in normal times. Now, with the coronavirus epidemic sweeping the world and India declaring a five week-long economic lockdown to contain it, hunger threatens an even larger population which has no income to buy food. As part of its economic central government has...
More »Dreze and Rajan see dark clouds, list options
-PTI/ The Telegraph Social unrest as a result of the lockdown had already started: Dreze The Indian macroeconomic situation is bleak and, economically, the country is facing possibly its greatest emergency since Independence, renowned economists Jean Dreze and Raghuram Rajan have said. In a blog, Rajan said the country needed to plan for the post-lockdown phase and made several suggestions. Please click here to read more. ...
More »‘Good Economics for Hard Times: Better Answers to Our Biggest Problems’ review: Have plumbers, need architect -Jean Drèze
-The Hindu Seeing economists as ‘plumbers’, Abhijit Banerjee and Esther Duflo show how economic reasoning and evidence can shed light on real-world issues John Maynard Keynes, the founder of Keynesian economics, once said that “if economists could manage to get themselves thought of as a humble, competent people, on a level with dentists, that would be splendid”. Judging from recent opinion polls, economists still have a long way to go. According to...
More »Count work, not workers -Sonalde Desai
-The Indian Express Decline in women work participation rates can be traced to poor quality of data collection processes. India is one of the few countries in the world where women’s work participation rates have fallen sharply — from 29 per cent in 2004-5 to 22 per cent in 2011-12 and to 17 per cent in 2017-18. Both the NDA and UPA governments have found themselves in a hot seat trying to...
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