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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Govt citing lack of fiscal space for reluctance to provide adequate support to economy is odd -Jahangir Aziz
-The Indian Express What needs to be ensured is that the recovery is not hamstrung by damaged household and SME balance sheets because of the extended loss of wages and incomes. This requires extensive income support now. Sometimes we miss the forest for the trees, and at other times the trees themselves become the story. That seems to be the case with India’s 3Q20 GDP print. Some have exulted over headline growth printing...
More »Fertility rate falls in major states but rises in Kerala -Sumi Sukanya Dutta
-The New Indian Express While the state now has a TFR of 3, as compared to the last survey when it stood at 3.4, Kerala and Goa are among 8 states where the sex ratio at birth has worsened. NEW DELHI: Even as the Centre has expressed its intent of adopting measures to control population growth, the total fertility rate in a large part of the country has shown a considerable fall...
More »Fertility rate falling, 2001-11 saw sharpest drop in 100 yrs: Census
-IANS/ Business Standard The health ministry has emphasised India can achieve the goal of population stabilisation and at present India is knocking at the door of achieving replacement level fertility India is witnessing a constant decline in the Total Fertility Rate (TFR), and as per Census 2001-2011, the sharpest decline in population has been recorded in this decade, in the last 100 years, the Centre has informed the Supreme Court. "Furthermore, as per...
More »The pandemic will leave India with worse inequality -Rahul Jacob
-Livemint.com A failure to protect incomes could widen the gap between have-nots and haves and thus hurt growth When the facts change, I change my mind," John Maynard Keynes is believed to have said almost a century ago. Responding to the economic after-shocks of the covid pandemic, governments and central banks have been living by this maxim. In the UK and US, supposedly fiscally conservative governments have spent with abandon to prop...
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