-Hindustan Times A long-term look at this government’s economic policies suggests that for it to even consider a response the demand demand for a strong and equitable fiscal stimulus will require a reset of the existing economic policy framework There is now widespread consensus that the second wave of Covid-19 will worsen India’s demand side problem. Even though there is no official data to prove this, most experts and private estimates suggest...
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Eminent individuals oppose the appointment of Justice Arun Mishra as Chairperson of NHRC
-Press release by People's Union for Civil Liberties (PUCL) dated 2nd June, 2021 We, the members of various Human Rights Organisations and Concerned individuals, condemn the appointment of former SC Judge, Shri Arun Kumar Mishra, as the next Chairperson of the National Human Rights Commission (NHRC) of India by the selection Committee headed by the Prime Minister. What is troubling is that the decision to appoint Justice Arun Kumar Mishra as NHRC...
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 »GDP shrinks by 7.3%; Q4 uptick moderates 2020-21 carnage -Vikas Dhoot
-The Hindu On inflation, the Chief Economic Adviser said it is expected to be range-bound and should not exceed the prescribed level. India's Gross Domestic Product (GDP) contracted by 7.3% in 2020-21, as per provisional National Income estimates released by the National Statistical Office on Monday, marginally better than the 8% contraction in the economy projected earlier. GDP Growth in 2019-20, prior to the COVID-19 pandemic, was 4%. The Gross Value Added (GVA)...
More »Chhattisgarh’s excess deaths at least 4.8 times COVID-19 toll -Srinivasan Ramani and Vignesh Radhakrishnan
-The Hindu Second wave figures are from April to May 2021. The number of “excess deaths” registered by the Civil Registration System (CRS) in Chhattisgarh during the second wave (April to May 2021) was 43,062, which is 4.85 times the official reported figure of 8,878 COVID-19 deaths for the same period. If the first three months of 2021 are included, the undercount factor decreases to 3.6 times (34,897 excess deaths and 9,677 official...
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