-The Inidan Express A white paper detailing the true state of Tamil Nadu’s finances will be released in July, said Governor Banwarilal Purohit during the first session of the 16th state legislative assembly in Chennai. Chennai: The Tamil Nadu government will form an economic advisory council comprising Nobel laureate Esther Duflo of the Massachusetts Institute of Technology (MIT), USA and former Reserve Bank of India governor Raghuram Rajan to advise the chief...
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Govt’s data apathy harming pandemic response: Experts -Tanay Sukumar and Pramit Bhattacharya
-Livemint.com Policymakers are flying blind when it comes to designing an effective response to the pandemic As the second wave of covid-19 ebbs in India and policy focus shifts to the economic damage caused by lockdowns for the second consecutive year, economists are finding it hard to assess the extent and spread of the damage. The absence of benchmark survey data in the pre-pandemic period, the abrupt halt to most survey work during...
More »Do excess deaths suggest mortality crossed one million? -R Prasad
-The Hindu Besides models, all-cause mortality numbers from India’s Civil Registration System suggest that official figures may have been exceeded by far If the official count as on May 15 was over 0.27 million deaths in India since the pandemic began, based on modelling, The economist had estimated around one million COVID-19 deaths as on May 15. Against a daily tally of over 4,000 deaths in May this year, the report estimated...
More »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...
More »It’s time to protect the poor and the migrants from rising edible oil prices
In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
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