-Outlook India Indian Economist Jean Drèze, in an interview with Outlook, says that because of the Coronavirus lockdown, there won’t be any employment under MNREGA now and Bihar will be the worst-hit. Belgian-born Indian economist, Jean Dreze, says that the central government needs to take immediate measures to address the situation that has emerged in the wake of mass exodus of migrant workers due to the Coronavirus lockdown. In an interview with...
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Jayati Ghosh, development economist and professor at Jawaharlal Nehru University (JNU), interviewed by Rajat Mishra (Outlook India)
-Outlook India The government needs to have a large fiscal stimulus. It needs to put more money in the hands of the poor and vulnerable, Jayati Ghosh, development economist, and professor at Jawaharlal Nehru University tells Outlook. The government recently announced Rs 1.7 lakh crore economic package to help the poor deal with the impact of coronavirus and a 21-day nationwide lockdown imposed to contain the spread of the disease. Experts think...
More »Size of the population susceptible to coronavirus infection is significant
Between 25th and 30th of March, 2020, the total number of confirmed COVID-19 cases in India has more than doubled i.e. from 519 to 1,251, according to the data released by the Ministry of Health and Family Welfare (MoHFW). In a span of 6 days, the total number of deaths from COVID-19 has more than trebled i.e. from 9 to 32. In a health situation like this, when the coronavirus...
More »Mass migration defeats Corona preventive measures, MHA tells SC -Krishnadas Rajagopal
-The Hindu Blames ‘fake’ online messages for the panic The Ministry of Home Affairs (MHA) told the Supreme Court on Tuesday that the 21-day national lockdown was “inevitable” in the face of an “unprecedented global crisis” like COVID-19. The government blamed “fake and misleading” messages on social media about COVID-19 for creating widespread panic, which led to mass “barefoot” journey of migrant workers from cities to their native villages. Please click here to...
More »Recession To Hit Developing Nations, May Spare China, India: UN Report
-United Nations/ PTI/ NDTV With two-thirds of the world's population living in developing countries facing unprecedented economic damage from the COVID-19 crisis, the UN is calling for a USD 2.5 trillion rescue package for these nations. United Nations: The world economy will go into recession this year with a predicted loss of trillions of dollars of global income due to the coronavirus pandemic, spelling serious trouble for developing countries with the...
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