-IndiaToday.in The Modi govt has told Parliament it does not have data of migrant workers who died during the lockdown. India Today sheds light on data documenting those who died while desperately trying to reach their homes. While presenting the Union Budget 2020 in Parliament on February 1, Finance Minister Nirmala Sitharaman outlined the importance of data and said that in order to meet challenges of real-time monitoring of India's increasingly complex...
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An economic disaster foretold -Amit Bhaduri and Deepankar Basu
-The Hindu The reported contraction of the economy is likely an underestimate for reasons of omission and commission According to data released by the Ministry of Statistics and Programme Implementation of the Government of India on August 31, 2020, real quarterly GDP contracted by a whopping 23.9% between April-June 2019 and April-June 2020. This magnitude of real GDP decline is unprecedented since the country started publishing quarterly GDP estimates in 1996. This...
More »No Data On Migrant Deaths, So No Compensation, Says Government: 10 Points -Sunil Prabhu
-NDTV Parliament Session: The ministry, however, admitted that more than 1 crore migrants made their way back to their home states from various corners of the country. New Delhi: There is no data on migrant deaths so the "question does not arise" of compensation, the Union labour ministry said in parliament on Monday to a question on whether families of those who had lost their lives while trying to reach home in...
More »Impact of Covid-19 Pandemic on the Indian Economy: A Critical Assessment by R Ramakumar and Tejal Kanitkar
-National Institute of Advanced Studies (NIAS), Bengaluru, Working Paper: NIAS/NSE/EEP/U/WP/18/2020 The paper entitled Impact of Covid-19 Pandemic on the Indian Economy: A Critical Assessment by R Ramakumar and Tejal Kanitkar provides an analysis of the economic impact of the Covid-19 pandemic in India. First, using secondary data published by various sources, the paper attempts to document the trajectory of the infections and the lockdown in India. Secondly, the paper explains the...
More »Retail inflation to come down with easing of lockdowns: CEA
-PTI/ The Hindu “Overall, the difference between wholesale and retail inflation is primarily due to supply-side factors which should decrease and therefore going forward even the retail inflation should ease,” Mr. Subramanian said. Attributing the rise in inflation to supply-side frictions, Chief Economic Adviser K V Subramanian has exuded confidence that retail inflation will come down in the days ahead with the easing of lockdowns. According to the government data, retail inflation rose...
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