-The Indian Express The first thing to understand is that, even before the Covid-19 induced global lockdown, crude oil PRIces had been falling over the past few months. US oil markets created history on Monday when PRIces of West Texas Intermediate (WTI), the best quality of crude oil in the world, fell to “minus” $40.32 a barrel in New York. Not only is this the lowest crude oil PRIce ever known —...
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UN agencies flag online education pitfalls -Basant Kumar Mohanty
-The Telegraph Unesco and Unicef advisories carry a huge significance for India, where the lockdown has triggered efforts to promote online teaching from PRImary school to universities New Delhi: Two UN agencies have warned against any large-scale shift towards online education, saying it would deepen socio-economic inequalities and warning that virtual platforms can leave children vulnerable to sexual exploitation. The Unesco and Unicef advisories carry a huge significance for India, where the lockdown...
More »Why Relief Packages for India's Poorest Need Targeted Intervention -Anamitra Roychowdhury and Nivedita Sarkar
-TheWire.in Social policies almost always have multiple, often unintended, consequences. This feature came out sharply, when PRIme Minister Narendra Modi declared a nationwide lockdown to arrest the spread of the novel coronavirus without announcing an immediate or near-simultaneous relief package for India’s poorest. As the fight against COVID-19 unavoidably puts the livelihoods of millions at risk, an ugly truth of Indian society has come out in the open – namely, a large...
More »Coronavirus: PM-CARES donations cut from government staff salaries -PRIscilla Jebaraj, Vijaita Singh & Manojit Saha
-The Hindu Circulars were sent to all departments. Employees from a number of government departments and agencies have donated a day’s salary toward the PM-CARES fund. While the donations, meant for COVID-19 relief, were said to be “voluntary”, government circulars show that the deductions were made directly from salaries. Those unwilling to donate were asked to submit their refusal in writing. Please click here to read more. ...
More »Hans Timmer, World Bank's Chief Economist for South Asia, interviewed by Suhasini Haidar (The Hindu)
-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,...
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