-The Hindu Disruptions in the supply chain and panic buying can lead to price spikes: Hans Timmer In a report released this month, the World Bank has predicted a ‘dire’ situation for South Asia due to the economic impact of measures to counter the novel coronavirus pandemic, suggesting that the eight SAARC countries (Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan, Maldives and Sri Lanka) will experience their worst economic performance in 40 years,...

-The Indian Express Prime Minister demanded discipline and sacrifice from the people, while offering no measures to alleviate distress of those who have lost their dignity and livelihoods. Millions of migrant workers, and other vulnerable groups, have lost their livelihoods, income security, and sense of dignity in three short weeks. They knew that they were vulnerable to the virus, but for them, the cure of an extended lockdown is already worse than...

-CaravanMagazine.in Farmers suffer under the coronavirus lockdown At the beginning of this year, things looked good for Indian farmers. As per advance estimates of the agriculture ministry, the country was expected to produce a record 106.21 million tonnes of wheat in 2019–20, 2.61 million tonnes more than what was produced the previous year. This increase was mainly attributed to increased acreage under wheat production and optimum soil moisture on account of a...

Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...

-The Hindu The trend across developing countries is to give State governments as much discretion as possible India urgently needs to increase fiscal support for COVID-19 relief and rebuilding. Among comparable developing countries with similar Gross Domestic Product (GDP) per capita, India has spent the least as a share of its GDP. While the Central government has announced measures amounting to 0.8% of GDP, the International Monetary Fund (IMF) estimates that State-level relief...