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Thomas Piketty, Professor of Economics at Paris-based School of Advanced Studies in the Social Sciences and expert on inequality, interviewed by Narayan Lakshman (The Hindu)

-The Hindu Nationalism is not going to solve the big problems, says the economist. If the catastrophic human toll of the ongoing COVID-19 pandemic was the first wave to strike the world this year, its severe economic consequences – including loss of livelihoods of the poor across countries, leading to massive internal displacement and starvation in many cases – have been the second wave. It is in this context that the seminal work...

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Post-COVID there is a case for a greener GNP -Ganesan Balachander

-Mongabay.com * The COVID-19 pandemic has shown up major fault lines in our development trajectory and one of the issues is how we account for growth and progress with the gross national product (GNP) calculated as a single bottom line, without paying heed to the ecological, environmental and social costs. * Air and water pollution have been shown to add a significant cost to India’s GNP. A greener GNP will take these...

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Re-imagining food systems crucial for climate, economic resilience: Nutrition report -Chinmayi Shalya

-Down to Earth Novel coronavirus disease (COVID-19) pandemic pushes government to act on reforms of food systems with urgency Food systems must be inclusive, local and diverse to address food security and malnutrition and build economic and climate resilience, according to the latest 2020 Global Nutrition Report. The report — released by the Stakeholder group — placed equity as the cornerstone of all efforts to overcome global malnutrition and insisted on policy...

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Coronavirus tracker Aarogya Setu app gets 2 out of 5 on MIT's tracker index

-Business Today India's Aarogya Setu app, which has over 9 crore users as of now, has scored positive on the timely deletion of user data and collection of only useful data criteria, but it failed to score on voluntary use, limitations of data usage, and transparency criteria The Modi government's Aarogya Setu app, developed to track COVID-19 infected cases, has scored negative on three of five data-privacy and transparency indicators for coronavirus-tracking...

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Slower growth and a tighter fiscal -C Rangarajan and DK Srivastava

-The Hindu India slid into the pandemic crisis in the backdrop of economic downslide; fiscal stimulus has to be structured The impact of COVID-19 will be debilitating for the global as well as the Indian economies. Various institutions have assessed India’s growth prospects for 2020-21 ranging from 0.8% (Fitch) to 4.0% (Asian Development Bank). This wide range indicates the extent of uncertainty and tentative nature of these forecasts. The International Monetary Fund...

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