-The Hindu The reported contraction of the economy is likely an underestimate for reasons of omission and commission According to data released by the Ministry of Statistics and Programme Implementation of the Government of India on August 31, 2020, real quarterly GDP contracted by a whopping 23.9% between April-June 2019 and April-June 2020. This magnitude of real GDP decline is unprecedented since the country started publishing quarterly GDP estimates in 1996. This...

-NDTV Parliament Session: The ministry, however, admitted that more than 1 crore migrants made their way back to their home states from various corners of the country. New Delhi: There is no data on migrant deaths so the "question does not arise" of compensation, the Union labour ministry said in parliament on Monday to a question on whether families of those who had lost their lives while trying to reach home in...

-National Institute of Advanced Studies (NIAS), Bengaluru, Working Paper: NIAS/NSE/EEP/U/WP/18/2020 The paper entitled Impact of Covid-19 Pandemic on the Indian Economy: A Critical Assessment by R Ramakumar and Tejal Kanitkar provides an analysis of the economic impact of the Covid-19 pandemic in India. First, using secondary data published by various sources, the paper attempts to document the trajectory of the infections and the lockdown in India. Secondly, the paper explains the...

-The Hindu Business Line The MPICC will hold workshop to take State Reform Action Plan forward A Multidimensional Poverty Index (MPI) Parameter Dashboard to rank States and UTs and a State Reform Action Plan (SRAP) are at an advanced stage of development, according to the NITI Aayog, the nodal agency for the Global MPI to drive reforms in India. “The inaugural meeting of the MPI Coordination Committee (MPICC) was held on September 2,...

-Down to Earth Exceptional growth in agriculture and acreage in kharif season precipitate a crisis like never before for farmers   In recent times, agriculture made headlines for all the wrong reasons: Farmers quitting cultivation; the sector turning into a perennial loss-making enterprise; and the country’s official policy to downsize the dependence on agriculture to reduce overall economic hardship among the poorest of the population. Agriculture’s fast-declining economic importance reached such an extent...