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Recent reports predict gloomy days ahead for the overall economy

Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...

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‘Scale of deprivation huge’: 96% stranded workers sans govt ration, says report -Amrita Dutta

-The Indian Express Coronavirus (COVID-19): The report released by a volunteer group has pointed to the scale of the hunger crisis and economic distress among migrant workers stranded in cities. WITH the nationwide lockdown extended till May 3, a report released by a volunteer group has pointed to the scale of the hunger crisis and economic distress among migrant workers stranded in cities. Since March 27, two days after Prime Minister Narendra Modi...

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Are Distress Deaths Necessary Collateral Damage of Covid-19 Response? The Experience of First Three Weeks of the Lockdown in India -Vikas Rawal, Karthik A Manickem and Vivek Rawal

-Vikalp.ind.in India implemented a national lockdown to contain the spread of COVID-19 pandemic. The lockdown was announced suddenly, and without a prior warning to give time to people to prepare for it. The suddenness with which lockdowns were implemented does not seem to have been part of any plan but a reflection of the lack of planning. On March 16, the Prime Minister asked people across the country to self-quarantine just...

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It's time to universalize the PDS to avoid hunger & starvation during lockdown, appeal social activists to the union food minister

-Press release by Right to Food Campaign dated 13th April, 2020 Supported by more than 450 concerned citizens and civil society organisations, an appeal has been sent by the Right to Food Campaign to the Union Minister of Consumer Affairs, Food and Public Distribution Shri Ram Vilas Paswan on 13th April, 2020. In that letter to the food minister, the Right to Campaign -- an informal network of organisations and individuals committed...

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World Bank sees FY21 India growth at 1.5-2.8%, slowest since economic reforms 30 years ago

-The Hindu/ PTI The COVID-19 outbreak came at a time when India’s economy was already slowing due to persistent financial sector weaknesses, says World Bank report. Washington: India is likely to record its worst growth performance since the 1991 liberalisation this fiscal year as the coronavirus outbreak severely disrupts the economy, the World Bank said on Sunday. India’s economy is expected to grow 1.5% to 2.8% in the 2020-21 fiscal which started on...

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