-The Indian Express The plight of salaried employees has worsened since the lockdown, with a loss of 17.7 million salaried jobs in April, additional 0.1 million jobs in May, followed by gain of 3.9 million jobs in June and then again loss of 5 million jobs in July, it said. New Delhi: Salaried jobs suffered the biggest hit during the lockdown, with total loss estimated to be at 18.9 million during April-July,...
More »SEARCH RESULT
Can a democracy fully function without a set of universal economic rights? -Prabhat Patnaik and Jayati Ghosh
-Livemint.com As India celebrates its 74th Independence Day, its citizens need to take a hard look at the relationship between their democratic rights and basic economic security While the need for instituting a set of fundamental political rights is generally recognized and enshrined in all democratic Constitutions, there has scarcely been any similar recognition of the need for a set of fundamental economic rights. On the contrary, serious theoretical reservations have been...
More »Food Consumption Trends Point at Real Income Decline Before Pandemic -Prabhat Patnaik
-Newsclick.in Why has there been a tendency toward persistent ‘excess supply’ in the foodgrain market when growth rate of foodgrain output has barely exceeded the population growth rate? The pandemic and the lockdown are certainly causing an absolute shrinkage in the gross domestic product (GDP) of the Indian economy. But these tend to obscure something very serious that was happening even earlier, namely, a real income decline for vast numbers of working...
More »How True Is Modi's Claim That His Decisions Saved India From the Worst of COVID-19? -Vasudevan Mukunth
-TheWire.in Prime Minister Modi uses only the visible – the hardware – to claim India is 'better off because of right decisions at the right time', even though the claim isn't even true. Prime Minister Narendra Modi’s claim on July 27 that India “is in a better position than other countries” even as a slew of successive lockdowns fattened the COVID-19 case-load curve instead of flattening it, reflects his tendency to make...
More »As a district unlocks: ‘Left on a truck to see family, but now I am returning to save them’ -Dipankar Ghose
-The Indian Express Beginning May, a huge influx of returning migrants, unable to sustain themselves in locked-down cities, walking kilometres, starving in trains, reached the succour of home in Bihar. But with no work, and the lockdown affecting the rural economy as well with falling agricultural prices, they are leaving again. Patna: THEY STAND close to each other, bags slung over shoulders, noses pressed against the glass. They watch flights land and...
More »