-The Hindu The interest of each and the interests of all now coincide, not only within nations but for all humanity How will it all end? Policies to address the worldwide crisis brought about by COVID-19 must satisfy three criteria. First, they must aim to minimise the loss of life directly resulting from the disease, while recognising that there remain deep uncertainties about its true nature. Second, they must restore the elements of...
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Why India Should Support an SDR Issue by the International Monetary Fund -Jayati Ghosh
-TheWire.in New Delhi shouldn’t ignore the interests of developing economies over worries that the funds may be used for ‘extraneous reasons’. The global economy is in the grip of an unprecedented crisis, once never experienced before in its history. The virus pandemic has yet to run its course in most countries, but meanwhile, the containment measures – which have involved major restrictions on mobility, gatherings and economic activity – have already imposed...
More »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-Scroll.in The Central government is using outdated population figures to determine grain allocations to states under the food security law.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 »A different economic approach -Puja Mehra
-The Hindu How the public health versus economic health trade-off can be resolved during this pandemic As it fights COVID-19 with its meagre healthcare resources, India has chosen to bring the economy to a near halt with no clear idea of how many lives can be saved in this manner. What is going to be the cost of this decision? The 21-day lockdown will reduce the gross value added (GVA) during this...
More »FM’s announcement of Rs 1.7 lakh crore in the wake of COVID-19, is less than half of the Rs. 3.75 lakh crores required to fulfill the minimal “emergency measures”, convey concerned citizens & grassroots activists
-Press releases by NREGA Sangharsh Morcha dated 26th March, 2020 Civil society activists and concerned citizens have responded to the emergency measures that were announced by the Finance Minister on 26th March, 2020 for the poor, the vulnerable and the migrant & informal workers. An open letter by NREGA Sangharsh Morcha -- an umbrella organisation of CSOs and social activists working for the unorganised sector and MGNREGA workers -- has been issued...
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