A recent survey conducted by National Centre for Promotion of Employment for Disabled People (NCPEDP) -- a Delhi-based non-profit organisation -- shows how persons with disabilities in the country were disproportionately affected by the COVID–19 crisis. The report by NCPEDP has observed that persons with disabilities, particularly those from economically deprived sections, went through severe hardship during the lockdown. Without sufficient access to food or money, many of them faced hunger...
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Thomas Piketty, Professor of Economics at Paris-based School of Advanced Studies in the Social Sciences and expert on inequality, interviewed by Narayan Lakshman (The Hindu)
-The Hindu Nationalism is not going to solve the big problems, says the economist. If the catastrophic human toll of the ongoing COVID-19 pandemic was the first wave to strike the world this year, its severe economic consequences – including loss of livelihoods of the poor across countries, leading to massive internal displacement and starvation in many cases – have been the second wave. It is in this context that the seminal work...
More »The Modi Sarkar’s Project for India’s Informal Economy -Barbara Harriss-White
-TheWire.in From demonetisation to GST and now the lockdown, the government's policies towards the 'unorganised sector' has spelt nothing but rack and ruin. What has the BJP-led government of Narendra Modi done since 2014 that does not suggest it wishes to destroy the informal economy, also known as the unorganised sector? While the ‘unorganised’ informal economy now accounts for roughly half of India’s GDP – and is shrinking relative to the share of...
More »Panic Buying In Tamil Nadu Ahead Of "Intense Lockdown" In 5 Major Cities -J Sam Daniel Stalin
-NDTV Covid-19 lockdown: Tamil Nadu has reported over 1,800 coronavirus cases and 22 deaths so far with 452 cases in state capital Chennai, 141 in Coimbatore, 110 in Tirupur, 56 in Madurai 56 and 30 in Salem Chennai: Vegetable shops and grocery stores in Tamil Nadu will remain open till 3 pm, Chief Minister Edappadi K Palaniswami said this morning after panic buying of Essential Goods was witnessed in major cities ahead...
More »Recent reports predict gloomy days ahead for the overall economy
Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...
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