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Finance Ministry not for lockdown

-The Hindu Ministry concedes Q1 growth to be hit, bats for expanding vaccination pace. The second COVID-19 wave which is spreading fast beyond the worst-affected districts in the country, could dent economic activity till June this year, and expanding vaccination pace in the country is the “need of the hour”, the Finance Ministry said on Friday. The Ministry also indicated it is not in favour of a national lockdown to curb the pandemic,...

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Study shows that hold of caste and social standing persists despite affirmative actions like reservations. Cities offer better occupational Mobility than villages -Shalinee Mishra

-GoIMonitor.com Study shows that hold of caste and social standing persists despite affirmative actions like reservations. Cities offer better occupational Mobility than villages ARE YOU likely to be poor and socially backward if your grandfather was too?  A latest paper finds that educational levels have increased in India over three generations but people are still holding same occupations. So, there is clear evidence of “grandfather effect”. This multigenerational Mobility differs in social groups....

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The virus threatens India’s economic recovery again. But don’t panic yet -Sonal Varma and Aurodeep Nandi

-The Indian Express The spectre of lockdowns is looming large once more, and while there are bright spots, there are also risks and uncertainties to watch out for. As India’s economy embarks on a new financial year, a dark cloud is on the horizon: The second wave. Every day brings further reconfirmation that the second wave is no longer a Maharashtra-centric phenomenon. With the daily run-rate of cases surpassing the first-wave peak,...

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Recovery? Different numbers tell different stories -Jahangir Aziz

-The Indian Express With a more accurate way of measuring GDP growth, the pace of recovery is much slower in real terms Imagine driving a car whose speedometer cannot tell the current speed but only relative to what it was four hours ago. Apart from the comical encounters with police when stopped for speeding and the predicament in defining a “speed limit”, there is a more fundamental problem it would create. The...

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'I Don’t Have the Option to Rent a House': How Migrant Workers Differ From the Urban Poor -Malay Kotal

-TheWire.in The mass exodus of migrant workers from cities after the nationwide lockdown has amplified the housing crisis for migrant workers in cities. ‘Low-income migrants’ in cities have always subsumed under the blanket, but arguably vague, term ‘urban poor’. This categorisation overlooks the Mobility dimension of migrant workers’ lives where they are constantly moving between places in search of work, following capital. The government’s own estimates also indicate that with each passing...

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