-The Indian Express In mid-May, Sitharaman had announced five tranches of the AtmaNirbhar package, adding up to an economic package of Rs 20 lakh crore. AFTER MORE THAN 100 days since Finance Minister Nirmala Sitharaman announced an economic package, six weeks after a series of meetings at the highest level underlined the need for a stimulus and official estimates indicating the worst-ever first quarter GDP contraction of 23.9 per cent, the government...
More »SEARCH RESULT
Total Matching Records found : 84
The COVID-19 fiscal response and India’s standing -Amit Basole and Jonathan Coutinho
-The Hindu The relief measures do not seem to be commensurate with the economic disruption caused by the lockdown How does India compare in the quantity and quality of its COVID-19 response to other developing countries? Here we extend our earlier analysis of India’s fiscal response (The Hindu online, “India must enhance fiscal support for COVID-19 relief and rebuilding”, April 18, 2020) drawing on the International Monetary Fund Policy Tracker, the COVID-19...
More »Jean Drèze, development economist and social activist, interviewed by Shreehari Paliath (IndiaSpend.com)
-IndiaSpend.com Bengaluru: Global economic output is expected to contract by 4.9% in 2020 owing to the COVID-19 lockdown. India announced a lockdown on March 24, 2020, which was extended over two months, and continues in pockets of states depending on the spread of the disease, which has now infected more than half a million people in the country. The lockdown impacted millions of inter-state migrant workers who form the bulwark of India’s...
More »COVID-19: Bracing for agrarian crisis and food insecurity -Manjari Balu
-Down to Earth Distress among marginal farmers and unavailability of food to migrant labourers has been largely ignored in Union government’s economic stimulus Agriculture and allied activities are considered ‘essential’ and officially face no restriction to harvest and supply to the market, even in the middle of the novel coronavirus disease (COVID-19) pandemic. But an agrarian crisis stemming from systemic failures needs to be considered for immediate policy response. The current distress...
More »The Great MSME Stimulus Muddle -Kulwinder Singh Sethi
-Newsclick.in The Rs 3 lakh crore credit guarantee scheme for micro, small and medium enterprises is unclear, contradictory and practically difficult to implement. The scheme may create more problems than it solves. On May 12, in his televised address to the nation, Prime Minister Narendra Modi announced the Atma Nirbhar Bharat Abhiyan or the “campaign to make India self-reliant,” comprising what was claimed to be a Rs 20 lakh crore package to...
More »
