-Centre for Pastoralism, dated 20th April, 2020 There are an estimated 30-35 million pastoralists distributed across several states in the country. These communities manage a wide range of livestock, through long-distance migrations that often span multiple states. India’s wool, leather, meat and milk economies are directly or indirectly linked to these communities. This report attempts to capture core problems confronting these communities with the COVID lockdown and identifies solutions to help...
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Explained: How reverse repo rate became benchmark interest rate in the economy -Udit Misra
-The Indian Express Like most other central banks in the world, the Reserve Bank of India, too, has tried to cut interest rates to boost the economy. New Delhi: The Indian economy’s slowdown during 2018 and 2019 is becoming much worse in 2020 with the spread of COVID-19 and the stalling of almost all economic activity. Like most other central banks in the world, the Reserve Bank of India, too, has tried...
More »COVID-19 is wake up call for global food systems, say experts -Vineet Kumar
-Down to Earth Current industrial agriculture models drive habitat loss, create conditions for viruses to emerge and spread The novel coronavirus disease (COVID-19) has exposed a crisis in the global food system, the International Panel of Experts on Sustainable Food Systems (IPES-Food) — a panel of developmental economists, agronomists, nutritionists and sociologists from 18 countries — said in April 2020. The vulnerability of food systems to climate and disease-related disruptions was clear long...
More »‘Are we animals?’: Migrants bear brunt of South Asia’s lockdown -Joydeep Gupta, Zofeen T Ebrahim and Ramesh Bhushal
-TheThirdPole.net Migrant workers in India, Pakistan and Nepal are crushed by poverty as earnings come to an abrupt halt in the lockdown forced by the Covid-19 pandemic Across South Asia, the impact of the Covid-19 on livelihoods has been extreme. Despite being an outlier in terms of low infection rates, and even low casualties, most South Asian countries have been left reeling due to the impact that shutdowns have had on migrant...
More »Hans Timmer, World Bank's Chief Economist for South Asia, interviewed by Suhasini Haidar (The Hindu)
-The Hindu Disruptions in the supply chain and panic buying can lead to price spikes: Hans Timmer In a report released this month, the World Bank has predicted a ‘dire’ situation for South Asia due to the economic impact of measures to counter the novel coronavirus pandemic, suggesting that the eight SAARC countries (Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan, Maldives and Sri Lanka) will experience their worst economic performance in 40 years,...
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