-The Indian Express A month ago, on March 24, when the Centre announced the FIRst phase of the lockdown, states were left to manage its sudden consequences such as the massive disruption in supply chain, and migrant labour walking hundreds of miles to their homes. Late Friday night, as the Centre issued orders allowing shops and markets in rural areas and stand-alone shops in urban areas to open for sale of even...
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Phasing out India's Lockdown Is Essential, but With More Nuance Than What's Been Done So Far -Prem Shankar Jha
-TheWire.in A market economy is not an automobile that can stop and restart at the touch of a button. When Prime Minister Narendra Modi announced a total lockdown of the country to fight COVID-19, he did it perhaps with one idea in his mind. The spread of the virus had to be stopped FIRst, no matter what it cost the economy. A trade-off between saving lives and saving incomes was unavoidable and...
More »The Exodus of Finance from the Third World -Prabhat Patnaik
-Newsclick.in This unwillingness of finance to stay in, or move to, the Third World, is impairing the ability of several countries to pay for their imports and to service their external debt. There is an exodus of finance from the Third World at present, far exceeding in scale what had occurred in 2008 after the financial crisis. Even more important than the actual outflow is the desire on the part of finance...
More »How will India emerge out of the lockdown? -G Ananthakrishnan
-The Hindu An opening up has to be accompanied by an increase in relief budget for the most vulnerable After a 39-day lockdown, what will be the shape of things to come? How should one strike a balance between ensuring livelihoods, minimising strife, and maintaining social distancing? In a discussion moderated by G. Ananthakrishnan, Reetika Khera, and Giridhar R. Babu examine the options. Edited excerpts: * With less than a fortnight left for...
More »The COVID-19 paradox in South Asia -Deepak Nayyar
-The Hindu It is surprising that South Asia has far fewer infections and deaths compared with North America and Western Europe The oldest and largest democracies in the world are often compared. This time is different. The FIRst person tested positive for COVID-19 on January 21 in the United States and on January 30 in India. Roughly three months later, on April 20, the total number of infections was 7,23,605 in the...
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