-Moneycontrol.com Jean Dreze, the Belgian-born hunger economics expert, on the devastation of Covid, what plagues MNREGA, central government’s relief measures, stimulus packages, vaccination drive and more. The big lesson from the havoc wrought by Covid-19 is that India must abandon the “fragmented” US model of healthcare, which is a colossal failure, according to developmental economist Jean Dreze. A Belgian-born hunger economics expert who has co-authored books with Nobel laureates Amartya Sen and...
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How Second Wave Is Decimating Rural Economy -Rohit Inani
-IndiaSpend.com The government has said that the economic impact from the second Covid-19 wave will be less than that of the first. But economists point to signs of a growing rural economic crisis, and call for urgent relief measures to ward off long-term damage. Siolim, Goa: Ramesh Ram, 31, is listed as a textile industry staff worker in the administration's database of migrant workers in south west Bihar's Kaimur district. But for...
More »COVID-19: Report Reveals Severity of Food Crisis Faced by India's Poor in 2020 -Shinzani Jain
-Newsclick.in Report by prominent economist Jean Dreze and Anmol Somanchi highlights the severe economic distress and food crisis suffered by a vast majority of Indian poor following the 2020 lockdown. It demands a stronger wave of relief measures to avoid a repeat of the crisis. On May 31, 2021, prominent economist Jean Drèze and Anmol Somanchi published a detailed report analysing the impact of the COVID-19 crisis on food security, employment, income,...
More »No Savings, Scanty Jobs: Why Second Wave Has Been Harder For Migrant Workers -Shreehari Paliath
-IndiaSpend.com Migrant workers in different states have been struggling to find work, wages and rations, say activists and researchers. The Public Distribution System must be universalised, they say, and free rations must be provided for at least six more months. Bengaluru: Sudhir Paswan, 29, is back to square one--in his village in Bihar's Muzaffarpur district, counting his losses. It has been more than a week since he returned, after failing to secure...
More »GDP shrinks by 7.3%; Q4 uptick moderates 2020-21 carnage -Vikas Dhoot
-The Hindu On inflation, the Chief Economic Adviser said it is expected to be range-bound and should not exceed the prescribed level. India's Gross Domestic Product (GDP) contracted by 7.3% in 2020-21, as per provisional National Income estimates released by the National Statistical Office on Monday, marginally better than the 8% contraction in the economy projected earlier. GDP growth in 2019-20, prior to the COVID-19 pandemic, was 4%. The Gross Value Added (GVA)...
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