-Hindustan Times Don’t bank on V-shaped recovery. The Centre must discard dogmas, enhance investment News of a contraction of almost 24% of the gross domestic product (GDP) in the first quarter of this year would have come as a shock to every responsible citizen. The degree of contraction exceeds that in any major world economy. This is not surprising as India combined the world’s most stringent lockdown with the weakest economic stimulus. For...
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Centre’s Covid-19 fiscal stance is flawed -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line Fiscal policy in India has been very timid amidst harsh, inefficient (in terms of public health outcomes) lockdown spells. Unless this changes, the economy may dive further As India faces the biggest economic crisis since Independence, it is being led by a central Government in denial about the severity of the impact on lives and livelihoods, and spreading false hopes about the immediate future. The Monthly Economic Report of...
More »100 days and GDP shrink: Government works on a fresh stimulus -Aanchal Magazine and P Vaidyanathan Iyer
-The Indian Express In mid-May, Sitharaman had announced five tranches of the AtmaNirbhar package, adding up to an economic package of Rs 20 lakh crore. AFTER MORE THAN 100 days since Finance Minister Nirmala Sitharaman announced an economic package, six weeks after a series of meetings at the highest level underlined the need for a stimulus and official estimates indicating the worst-ever first quarter GDP contraction of 23.9 per cent, the Government...
More »Sangh seeks ban on book Modi released -KM Rakesh
-The Telegraph The work eulogises a prominent leader of the 1921 Malabar Rebellion, Variyamkunnath Haji, who the Right wing describes as 'anti-Hindu' Social media forwards of excerpts from a central Government-published book eulogising a rebel against British rule who the Right wing describes as “anti-Hindu” has caused embarrassment to the Sangh parivar, more so because the compilation had been released by Prime Minister Narendra Modi. Dictionary of Martyrs of India’s Freedom Struggle (1857-1947),...
More »Kesavananda Bharati — the petitioner who saved democracy, but lost his case in Supreme Court -Krishnadas Rajagopal
-The Hindu The historic Fundamental Rights case prevented the nation from slipping into a totalitarian regime Kesavananda Bharati Swamiji, the sole unwitting petitioner in the historic Fundamental Rights case which prevented the nation from slipping into a totalitarian regime, died on Sunday. He was 80. Though the judgment is a landmark, the Swamiji did not win any relief in the case. The amendments in the Kerala land reforms law which he had challenged...
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