-The Hindu Alarming inequality, failing health care and border tensions loom large and the economic situation needs full attention As the country prepares to enter a new financial year after an ominous and gloomy 2020-21, there are great expectations about green shoots and the shape of the economic recovery. The havoc wreaked by the novel coronavirus pandemic on people’s lives and livelihoods is deep and enormous. The impact of the COVID-19 induced...

-The Hindu Money financing is a viable route to take us back to pre-COVID-19 levels of output Former Prime Minister Dr. manmohan singh and his Congress party colleague Praveen Chakravarty have, in these pages, written on the appropriate policy response to the currently depressed state of the economy. Given Dr. Singh’s deep understanding of the subject, this is in the nature of invaluable counsel. Unlike the dispensation in power, he and his...

-The Hindu The path to a sustained recovery is to improve sentiments in society, using economic tools These are extraordinarily difficult times for our nation and the world. People are gripped with the fear of disease and death from COVID-19. This fear is ubiquitous and transcends geography, religion and class. The inability of nations to control the spread of the novel coronavirus and the lack of a confirmed cure for the disease...

-The Hindu India risks losing benefits of the demographic dividend by not creating enough jobs for new entrants, warns Professor Mehrotra. Santosh K Mehrotra, Professor of Economics at the Centre for Informal Sector & Labour Studies at Jawaharlal Nehru University and author of the recently launched book Reviving Jobs: An Agenda For Growth said the current reverse migration has set the country back by 15 years, and stressed that the economic stimulus...

-The Hindu The virus reveals how dependence on private sector-led economic growth has proved to be disastrous  Dr. manmohan singh’s 1991-92 Budget speech marked the beginning of the end of the ‘Licence Raj’ in India. The Budget also announced the reduction of import duties and paved the way for foreign-manufactured goods to flow into India. Following this, most of the manufacturing sector was opened up to foreign direct investment. India’s industrial policy...