-The Hindu Seeing economists as ‘plumbers’, Abhijit Banerjee and Esther Duflo show how economic reasoning and evidence can shed light on real-world issues John Maynard Keynes, the founder of Keynesian economics, once said that “if economists could manage to get themselves thought of as a humble, competent people, on a level with dentists, that would be splendid”. Judging from recent opinion polls, economists still have a long way to go. According to...
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PIL in Supreme Court seeks full wages for MGNREGA workers for coronavirus lockdown period
-The Hindu/PTI The Public Interest Litigation (PIL) was filed by activists Aruna Roy and Nikhil Dey of the Mazdoor Kisan Shakti Sangathan. A fresh PIL has been filed in the Supreme Court seeking a direction to the Centre and authorities to pay full wages to MGNREGA workers for the entire period of the nationwide lockdown. The 21-day lockdown from March 25 was announced by the government to prevent the spread of the...
More »Making the private sector care for public health -Rama V Baru
-The Hindu India needs a national policy providing for free testing and treatment of COVID-19 patients in private hospitals As India enters the second week of a national lockdown imposed in response to COVID-19, it is still unclear how well prepared the healthcare system is in dealing with the pandemic. Given the resource constraints of both the Central and State governments, it is clear that government hospitals alone will not be able...
More »New Lancet study puts China’s death per virus infections rate at 0.66% -Abantika Ghosh
-The Indian Express Till April 1, 8.53 lakh cases of COVID-19 had been reported world-wide, with 41,887 deaths. China has seen 82,295 cases and 3,310 deaths. An average coronavirus patient may be in hospital for about 25 days and the mean duration from the onset of symptoms to death is about 18 days, a study in The Lancet Infectious Diseases has said. The study also concluded that the overall infection fatality rate...
More »India's food security discussed at WTO amidst Covid-19 pandemic -Sachin Kumar Sharma & Adeet Dobhal
-The Hindu Business Line WTO rules restrict India’s ability to build its food stock as the procurement of food grains at MSP is subject to strict limits With almost all economic activities likely to remain at a low key in the coming months, the Covid-19 pandemic could have a devastating impact on the livelihood and food security of millions of people across India. It is generally recognised that food stocks of 58...
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