-The Hindu The Interest of each and the Interests of all now coincide, not only within nations but for all humanity How will it all end? Policies to address the worldwide crisis brought about by COVID-19 must satisfy three criteria. First, they must aim to minimise the loss of life directly resulting from the disease, while recognising that there remain deep uncertainties about its true nature. Second, they must restore the elements of...
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Explained: How reverse repo rate became benchmark Interest rate in the economy -Udit Misra
-The Indian Express Like most other central banks in the world, the Reserve Bank of India, too, has tried to cut Interest rates to boost the economy. New Delhi: The Indian economy’s slowdown during 2018 and 2019 is becoming much worse in 2020 with the spread of COVID-19 and the stalling of almost all economic activity. Like most other central banks in the world, the Reserve Bank of India, too, has tried...
More »Telephone survey shows high understanding of social distancing, support for lockdown -Sonalde Desai & Santanu Pramanik
-The Indian Express When asked about how many people they had come in contact with outside the house over the preceding 24 hours, over 50 per cent responded that they had not come in contact with anyone. With the nation in the midst of an extended lockdown to prevent the spread of COVID-19, the question of what to do next looms large. We are operating in a brave new world where modern...
More »Why India Should Support an SDR Issue by the International Monetary Fund -Jayati Ghosh
-TheWire.in New Delhi shouldn’t ignore the Interests of developing economies over worries that the funds may be used for ‘extraneous reasons’. The global economy is in the grip of an unprecedented crisis, once never experienced before in its history. The virus pandemic has yet to run its course in most countries, but meanwhile, the containment measures – which have involved major restrictions on mobility, gatherings and economic activity – have already imposed...
More »Coronavirus: PIL in Supreme Court against job cuts in some media organisations
-The Hindu They amount to an inhuman and illegal treatment, say journalists’ bodies A public Interest petition was filed on Thursday in the Supreme Court that certain media organisations have issued termination notices, imposed wage cuts and unpaid leave to their employees during the COVID-19 pandemic. A joint petition filed by National Alliance of Journalists, the Delhi Union of Journalists and the Brihanmumbai Union of Journalists said this amounted to an “inhuman and...
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