-TheWire.in Despite the fact that India's financial inclusion infrastructure has a complex mix of self-help groups and small private banks offering credit to the poor, it has failed to deliver during the pandemic. When the pandemic struck, policymakers and prominent economists across the world called for financial infrastructures to be strengthened. They argued this would support the efficient channeling of relief through cash transfers or cheap loans. India was no exception to...
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Lessons from COVID-19: Need better demand estimation factors to provide housing for all -Rajneesh Sareen and Mitashi Singh
-Down to Earth Physical distancing as well as home quarantining have changed the housing standardisation game; an overhaul is needed India witnessed a mass exodus of migrant workers in April 2020: Nearly 40 million migrant workers were affected by the lockdown imposed to curb the spread of the novel coronavirus disease (COVID-19), according to the World Bank. Some estimates pegged the figure at 120-140 million. In April 2021, the country had a deja-vu:...
More »The Proposal for a Minimum Global Corporate Tax Rate -Prabhat Patnaik
-NetworkIdeas.org Following its $1.9 trillion Covid-relief package, the Biden administration has further announced an infrastructure package of $2.3 trillion. But in contrast to the former which is to be spent within months, the latter is to be spent over an eight-year period. And this package in turn is to be followed by a “human infrastructure” package. All this adds up to a massive stimulus for the economy as well as a...
More »China may have become more prosperous in comparison to India in 2020, estimates new study
During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...
More »Most stillbirths in 2019 happened in India, estimates UN report
Commenting on the recently released fifth round of National Family Health Survey (NFHS-5) data for 17 states and five Union Territories (UTs) in an article published in The Indian Express (dated 6th January, 2021), Arvind Subramanian and his co-authors have stated that India has made progress on certain outcomes, including infant mortality rate (IMR), under-five mortality rate (U5MR) and neonatal mortality rate (NNMR). Relying on various rounds of NFHS data,...
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