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Economy’s Clear Signal: Boost Demand, Not Loans -Montu Bose and Sibin Kartik Tiwari

-Newsclick.in The poor need food and money, not more loans. Only demand-side interventions will revive the economy. The Covid-19 pandemic is an unprecedented crisis that almost all countries are struggling to cope with. Like the rest of the world, India is fighting the spread of the disease and its adverse consequences on the health system and its finances. On the economic front, India was already facing a prolonged slowing down. Even before...

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India let 65 lakh tonnes of grain go to waste in four months, even as the poor went hungry -Vikas Rawal, Manish Kumar, Ankur Verma and Jesim Pais

-Scroll.in ‘In a period when people have been dying of hunger, the government has increased the amount of grain it is hoarding in its godowns.’ Instead of using its grain stocks to feed the poor and hungry during the coronavirus-lockdown crisis, the Indian government is letting this food rot in its godowns. The government does not have proper storage facilities for stocking such a large amount of excess grain. Since much of...

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Need new stimulus of Rs.10 lakh crore: Economists Collective

-The Hindu Economists urge cash transfers to 80% of households to revive economy. The Centre needs to announce a ₹10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy at this time, the Heterodox Economists Collective has urged. Employment guarantees must be expanded for both rural and urban workers at a time of soaring joblessness, the group of economists...

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COVID-19 Lockdown: Impact on Agriculture and Rural Economy -Vikas Rawal, Manish Kumar, Ankur Verma and Jesim Pais

-Society for Social and Economic Research Monograph 20/3 Key Messages Lack of planning and preparation by the Central government for tackling the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. Harvesting of Rabi crops • Unplanned and sudden imposition of the lockdown resulted in a massive and unprecedented disruption to agricultural activities such as harvesting, sale of agricultural produce, and purchase...

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India’s dairy sector has helped lift the rural economy and improve livelihoods -Yashobanta Parida and Deepika Yadav

-The Hindu Business Line The country must now usher in a new era of development for the dairy sector, by building procurement infrastructure in milk deficit States and adopting appropriate technology in these regions World Milk Day was established by the Food and Agriculture Organisation (FAO) on June 1, 2001, to recognise the importance of milk as a global food. This year we celebrate the 20th anniversary of World Milk Day. This...

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