-The Hindu Survey cites logistics issues and absence of orders, among others, as reasons Chennai: About 71% of the MSME establishments were unable to pay either partially or fully the wages due for March 2020 either due to logistics issue or absence of orders, among other issues, according to All India Manufacturers Organisation (AIMO). AIMO, which is an apex trade body focused on the interests of the MSME sector, surveyed over 5,000 traders/MSMEs...
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Why everyone should wear masks -T Jacob John
-The Hindu The pandemic can be slowed only by a lockdown as well as by ensuring universal mask use Flattening the epidemic curve (case distribution curve) is the need of the day. On the curve, Y axis and X axis represent case numbers and time, respectively. A normal epidemic curve is bell-shaped, with an early ascending slope (first phase), a peak (second phase) and a declining slope (third phase). The area under...
More »Three in four COVID-19 cases between 21 to 60 years age group in India -Maitri Porecha
-The Hindu Business Line Every three in four cases that are infected with novel coronavirus (COVID-19) in India belong to active working population between the age group of 21 to 60 years as on date. Ministry of Health and Family Welfare has said that of these 75 per cent of the confirmed cases, the maximum cases up to 42 percent are between 21 to 40 years of age, while 33 percent are...
More »PIL in Supreme Court seeks full wages for MGNREGA workers for coronavirus lockdown period
-The Hindu/PTI The Public Interest Litigation (PIL) was filed by activists Aruna Roy and Nikhil Dey of the Mazdoor Kisan Shakti Sangathan. A fresh PIL has been filed in the Supreme Court seeking a direction to the Centre and authorities to pay full wages to MGNREGA workers for the entire period of the nationwide lockdown. The 21-day lockdown from March 25 was announced by the government to prevent the spread of the...
More »‘Good Economics for Hard Times: Better Answers to Our Biggest Problems’ review: Have plumbers, need architect -Jean Drèze
-The Hindu Seeing economists as ‘plumbers’, Abhijit Banerjee and Esther Duflo show how economic reasoning and evidence can shed light on real-world issues John Maynard Keynes, the founder of Keynesian economics, once said that “if economists could manage to get themselves thought of as a humble, competent people, on a level with dentists, that would be splendid”. Judging from recent opinion polls, economists still have a long way to go. According to...
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