The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
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Firing a warning shot across big tech’s bows -Jayati Ghosh
-The Hindu Lawsuits and regulatory moves in the West suggest that their easy, unchecked expansion may be coming to an end It was a long time coming, but the day of reckoning for the big digital companies may finally have arrived. Despite the growing monopoly power of big tech and their use of anti-competitive practices, earlier attempts to regulate them (such as an attempt by the U.S. Department of Justice in 1998...
More »Malnutrition in kids worsens in key states 2015-19 -Udit Misra and Nushaiba Iqbal
-The Indian Express This is one of the startling revelations in the first-phase data of the National Family Health Survey (NFHS) 2019-20 — released by the Union Ministry of Health and Family Welfare on December 12 — and marks a shift since the last NFHS in 2015-16. Several states across the country have reversed course and recorded worsening levels of child malnutrition despite dramatic improvements in sanitation and better access to fuel...
More »Farmers Denied Rs 1,900 Crore Due to Sales Below MSP in Last Two Months -Kabir Agarwal and Dheeraj Mishra
-TheWire.in The Wire's analysis reinforces the fact that the announcement of MSP for most crops remains mostly on paper as farmers are rarely able to sell it for these prices. New Delhi: If the government’s minium support price (MSP) programme helped in properly creating a minimum floor price, farmers across 11 major agricultural states would have, on average, earned almost Rs 1,900 crore more by selling their produce. According to The Wire’s analysis...
More »The perils of deregulated imperfect agrimarkets -R Ramakumar
-The Hindu The Farm Acts were legislative misadventures, while much more is needed to address the genuine fears of farmers The eruption of massive farmers’ protests across India against the Farm Acts has shocked those in the seat of power in Delhi. According to the government, many private markets will be established, middlemen would disappear, farmers would be free to sell to any buyer and farmgate prices would rise. But the protesting...
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