-The Hindu Spells of impoverishment during the pandemic were not infrequent, and lower castes and minorities bore the brunt of it Few observations survive the test of time. Fewer gain significance over time. Engel’s Law is a case in point. A version is that the poorer a family, “the greater the proportion of the total outgo which must be used for food. The proportion of the outgo used for food, other things...
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India reaps high growth from agriculture, allied products in FY22 -Subhayan Chakraborty
-Moneycontrol.com An intense focus on securing market access abroad and promoting Indian goods saw dozens of new products including Himachali millets and Chandauli’s black rice being shipped from India to several new destinations such as the UAE, and Denmark India’s agriculture and allied exports grew at a brisk 21 percent in the first eight months of the current financial year despite broken Supply Chains and various challenges brought about by the COVID-19...
More »Economists question Reserve Bank of India’s inflation claims -
-The Telegraph The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22 Economists have questioned the RBI’s projection that inflation will glide down to 4 per cent levels by the end of the next fiscal. They said the upward pressure on prices is likely to persist at least in the near-term on higher input costs amid Supply Chain bottlenecks. The RBI on Wednesday surprised...
More »From diamond to dust: Five years after demonetisation in India -Aarefa Johari & Rohan Venkataramakrishnan
-Scroll.in The shock move devastated India’s informal economy. Many small businesses never recovered, as a Supply Chain at the intersection of diamonds and plastic shows. Up till 8.30 pm on the night of November 8, 2016, Muniram Yadav was blissfully unaware of the announcement that had shaken the country just thirty minutes before. He was engrossed in work, in a tiny workshop in Mumbai’s Sakinaka suburb, supervising four labourers as they carried...
More »The Covid story of lost childhood -Ashwajit Singh
-The Hindu Business Line As our governments think and rethink lockdown measures and scheme policy interventions, it is time we, as a society collective, pay attention to our children on the brink of irreversible damage What does it mean to lose one’s childhood to unsung labour? What is it like when books are replaced by bricks, playgrounds by agricultural fields, plastic toys with heavy-metal machines, alphabet recitations by silent cries of help?...
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