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Nobel winner Abhijit Banerjee calls for bigger government cash payments to Covid-hit poor -Paran Balakrishnan

-The Telegraph poverty research pioneer cites US, UK and EU experience; Niti Aayog vice-chairman disagrees, says there’s no guarantee ‘helicopter money’ will lead to spending Nobel laureate Abhijit Banerjee has stepped up to the firing line by arguing the government should make bigger direct cash payments under the MGNREGA scheme to help people who have slid into poverty due to the pandemic. The government has already indicated it’s not keen on larger direct...

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Dr. Amit Basole, head of Azim Premji University’s Centre for Sustainable Employment, interviewed by Rohan Venkataramakrishnan (Scroll.in)

-Scroll.in The head of Azim Premji’s Centre for Sustainable Employment on the tremendous distress hiding beneath job market statistics in India. If you looked at just the bare employment figures for India over 2020, you might think that most people recovered from the shock of the national lockdown and the economic crisis that followed. Yet though there was indeed a recovery before the brutal second wave hit, the headline numbers paper over...

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What is the cost of childhood wasting and severe acute malnutrition in India? -Sujeet Ranjan

-GaonConnection.com Childhood wasting is a silent nutritional emergency in India as it led to an average loss of Rs 60 million every day from the years 2006 to 2018. Community-based care for management of wasting is highly recommended. We often read and talk about malnutrition and undernutrition in children. But it is rarely quantified. A recent study on ‘The Severity of Wasting and Severe Wasting’ among children in India, conducted by The...

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How Second Wave Is Decimating Rural Economy -Rohit Inani

-IndiaSpend.com The government has said that the economic impact from the second Covid-19 wave will be less than that of the first. But economists point to signs of a growing rural economic crisis, and call for urgent relief measures to ward off long-term damage. Siolim, Goa: Ramesh Ram, 31, is listed as a textile industry staff worker in the administration's database of migrant workers in south west Bihar's Kaimur district. But for...

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Overcoming the pandemic’s challenge requires an economic policy reset -Roshan Kishore

-Hindustan Times A long-term look at this government’s economic policies suggests that for it to even consider a response the demand demand for a strong and equitable fiscal stimulus will require a reset of the existing economic policy framework There is now widespread consensus that the second wave of Covid-19 will worsen India’s demand side problem. Even though there is no official data to prove this, most experts and private estimates suggest...

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