-The Indian Express One year since the Covid-19 lockdown was imposed, there’s been little change in the hunger levels and unemployment rate among migrant workers, especially women. Today marks the first anniversary of the day the central government announced an ill-planned national lockdown. India is home to nearly 500 million informal sector workers with practically non-existent social security and the unilateral decision pushed them into perilous circumstances, triggering their great exodus from...
More »SEARCH RESULT
Modi’s India proves that liberal economics can happily coexist with political illiberalism -Indrajit Roy
-Scroll.in Going against conventional wisdom, the Indian middle class is not a source of liberalism. A profound contradiction lies at the heart of contemporary India’s political economy. On the one hand, it embraces economic liberalism. In September 2020, it legislated laws aimed at liberalising agriculture from state-guaranteed protections. The recent budget, passed in February, was high on promises of accelerating divestment of public sector undertakings. On the other hand, however, this enthusiasm...
More »Coronavirus: Pandemic may have doubled poverty in India, says Pew study
-The Hindu Pew Research report suggests middle class may have shrunk by 30% and number of poor risen by 7.5 crore India’s middle class may have shrunk by a third due to 2020’s pandemic-driven recession, while the number of poor people — earning less than ₹150 per day — more than doubled, according to an analysis by the Pew Research Center. In a comparison, Chinese incomes remained relatively unshaken, with just a...
More »Explained: Post-pandemic job survey in Delhi, and what it says on female participation in workforce -Sourav Roy Barman
-The Indian Express A Delhi government-commissioned employment survey has captured the severity of the job crisis plaguing the national capital. What is the highlight of the report? What does it say on female participation in the workforce? A Delhi government-commissioned employment survey, carried out between September-November 2020, has captured the severity of the job crisis plaguing the national capital, which continues to reel under the impact of the pandemic and the consequent...
More »The bad news from state budgets -Ishan Bakshi
-The Indian Express States have spent less in this year, may focus on fiscal consolidation in the year to come. This belies hopes of a public-spending-led recovery. Over the past few weeks, several state governments have presented their budgets for the financial year 2021-22. These budgets shed light not only on how state finances have fared during the current year (2020-21) but equally critically, detail the expenditure stance of these governments during...
More »