-IndiaToday.in (with PTI inputs) Delhi reported 1,485 fresh COVID-19 cases and zero fatality due to the viral disease on Sunday, while the positivity RATe was recorded at 4.89 per cent. Delhi recorded 1485 new Covid cases in the last 24 hours, while the positivity RATe stands at 4.89 per cent. Zero death were reported while 154 people were hospitalised after testing positive for Covid-19 in Delhi. On Friday, it saw 1,607 Covid-19 cases and...
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States vs Centre: Which govt. increased the fuel tax RATe? -Vignesh Radhakrishnan
-The Hindu What is the Opposition-ruled States’ stand on reduction of value added tax to bring down petrol prices? The story so far: Petrol is retailing at more than ₹100 per litre across India. While rising crude oil prices have added to the burden, the primary reason behind the steep increase in pump fuel prices over the last few years is the gradually rising Central Government's excise duty component. Currently, for every...
More »Covid mismanagement worsened unemployment problem -Santosh Mehrotra
-Deccan Herald What the 2020 annual Periodic Labour Force Survey data reveals is that the situation remains grim The Covid-19 pandemic has only worsened what was already a joblessness crisis in early 2020. The third annual labour force survey (2019-20) by the National Sample Survey Office (NSSO), covering the period till June 30, 2020, told a grim story. Earlier, the NSSO had in 2017-18 reported that open unemployment had reached a 45-year...
More »Poor Economics: Has India’s poverty really fallen? -Santosh Mehrotra & Jajati Parida
-Financial Express Dataset and methodological weaknesses cast doubt on recent poverty estimates that claim drastic reduction Bhalla, Bhasin and Virmani in a working paper (IMF), claimed India’s poverty, per a $1.9 per person per day poverty line (at PPP), was 0.9% of the population in 2020. Thanks to government transfer of free RATions of 5 kg per person month, it fell to 0.8% (from 0.9% in 2019). Roy and de Velt, for...
More »Should India Stop Wheat Exports To Feed Its Poor? -Kamalika Ghosh
-Outlook India Better prices luring Indian farmers to sell their produce to private traders for sale in the global markets. Should India need to worry? One man’s loss is another man’s gain. And here, in a rare circumstance, the Indian farmers seem to be on the gaining side. First, the Centre had to bow in front of the community and revoke its three farm laws, and now, because of the Russia-Ukraine war,...
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