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COVID-19 deaths may be higher than reported -Hemant Deepak Shewade and Giridara Gopal Parameswaran

-The Hindu The death figures for India may have to be adjusted for low coverage of medical CERTification of cause of death As on July 31, India had the third highest burden of COVID-19 globally (based on total reported cases). According to the Union Ministry of Health and Family Welfare (MoHFW), there were 35,747 reported COVID-19 deaths and 5,45,048 active cases. India had 26 COVID-19 deaths per million population. This has been...

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Food Consumption Trends Point at Real Income Decline Before Pandemic -Prabhat Patnaik

-Newsclick.in Why has there been a tendency toward persistent ‘excess supply’ in the foodgrain market when growth rate of foodgrain output has barely exceeded the population growth rate? The pandemic and the lockdown are CERTainly causing an absolute shrinkage in the gross domestic product (GDP) of the Indian economy. But these tend to obscure something very serious that was happening even earlier, namely, a real income decline for vast numbers of working...

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Centre unable to pay GST dues to States: Union Finance Secretary -Sobhana K Nair

-The Hindu GST Act allows change in formula, Ajay Bhushan Pandey tells Parliamentary Standing Committee on Finance. Finance Secretary Ajay Bhushan Pandey told the Parliamentary Standing Committee on Finance, headed by BJP MP Jayant Sinha, at a meeting on Tuesday that the government is in no position to pay the GST share of States as per the current revenue sharing formula, sources said. According to at least two members who attended the meeting,...

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What sold or didn’t in lockdown: Bread, jam up, ice-cream down -Pranav Mukul and Anil Sasi

-The Indian Express While the two-month national lockdown generally dampened spending, fast-moving consumer goods (FMCG) companies saw CERTain unusual trends in demand in CERTain product categories, company executives said. As India remained locked down in April and May to control the spread of the novel coronavirus, people bought more bread, cheese, coffee, and jams — but less fruity cakes. They expectedly bought a lot of hand sanitisers — but not so expectedly,...

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The harvest of collaboration -Vijay C Roy

-The Tribune Farmer producer organisations (FPOs) attempt to address problems faced by small and marginal farmers, such as dwindling income, rising input costs and decreasing landholding Perturbed about his dwindling farm income, Kamalvir Singh, a marginal farmer from the nondescript village of Sirkapra in Patiala district, registered Nojvan Farmer Producer Company Limited in 2017. The idea was to assist small and marginal farmers and raise their income by involving them in an...

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