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Any decision on extending coronavirus lockdown must be based on extreme circumspection, realistic cost-benefit analysis -Aruna Sundararajan

-The Indian Express Efficacy of universal lockdown isn’t completely endorsed, nor is there indisputable evidence to suggest it is optimal response. As the country approaches the end of its nationwide lockdown on April 14, one question dominates national discourse: Should India extend the lockdown? Never before has India confronted a public policy dilemma that impacts the lives and fates of millions so critically. A number of states have already announced extension of the...

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India can’t bear the costs of the lockdown anymore -Shashi Shekhar

-Hindustan Times It is causing grave anxiety, unemployment, and can undermine the nation’s agriculture and industry sectors On Sunday afternoon, an SUV tried to enter the sabzi mandi in Patiala. The Punjab police personnel on the premises tried to stop the vehicle. The driver veered into the barricades and tried to push on ahead. But since the barricade got entangled with the car, it got stuck. Upon this, five Nihangs ( a...

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World Bank sees FY21 India growth at 1.5-2.8%, slowest since economic reforms 30 years ago

-The Hindu/ PTI The COVID-19 outbreak came at a time when India’s economy was already slowing due to persistent financial sector weaknesses, says World Bank report. Washington: India is likely to record its worst growth performance since the 1991 liberalisation this fiscal year as the coronavirus outbreak severely disrupts the economy, the World Bank said on Sunday. India’s economy is expected to grow 1.5% to 2.8% in the 2020-21 fiscal which stARTed on...

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Coronavirus: Industrial activity can be restARTed in at least 15 sectors, says Industries DepARTment

-The Hindu They are key to improve economic activity and liquidity, says Industries Ministry The Commerce and Industries Ministry has called for far-reaching measures to be taken to mitigate the effects of the COVID-19 lockdown, urging the Home Ministry to allow relaxations of the restrictions on a number of industry sectors. In a letter to Home Secretary Ajay Kumar Bhalla on Saturday, Industries Secretary Guruprasad Mohapatra said “more activities with reasonable safeguards must...

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