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Blunting the Economic Impact of the Second Wave of COVID-19 With a 3, 6, 9-Month Plan -Deepanshu Mohan

-TheWire.in A three to six-month fiscal plan has to be chalked out to make vaccines and drugs available to people of all ages across the states by bringing in the private sector. An income support scheme has to be rolled out for nine months at least. India reported a new high of 2 lakh fresh coronavirus positive cases for the first time last week, and the last few days continue to see...

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Covid-19 Surge: Will India Witness A Second Exodus Of Migrant Labourers? -Lola Nayar

-Outlook India If talks of lockdown turn into reality and if it gets implemented for a month or more, then a reverse migration of daily wage labourers can be expected from impacted cities, say experts Mixed signals from some of the states like Delhi, Maharashtra, Karnataka among others is giving rise to concern that a repeat of last year’s exodus of migrant labourers during the extended lockdown would once again impact operations...

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The virus threatens India’s economic recovery again. But don’t panic yet -Sonal Varma and Aurodeep Nandi

-The Indian Express The spectre of lockdowns is looming large once more, and while there are bright spots, there are also risks and uncertainties to watch out for. As India’s economy embarks on a new financial year, a dark cloud is on the horizon: The second wave. Every day brings further reconfirmation that the second wave is no longer a Maharashtra-centric phenomenon. With the daily run-rate of cases surpassing the first-wave peak,...

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The Kerala Model at the crossroads -Subin Dennis

-The Hindu The role of planning and social oversight in the economic development of the State needs to expand further Will the CPI(M)-led Left Democratic Front (LDF) be re-elected in the upcoming polls in Kerala, or will the Congress-led United Democratic Front (UDF) return to lead the government? The election results will have a major bearing on the path of development that the State would take in the coming years. While Kerala’s achievements...

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Expenditure secy: Chose capex over handouts, will trigger growth -Aanchal Magazine

-The Indian Express Somanathan said the government is trying to reach the target group of unskilled and semi-skilled workers through increased government expenditure in the Construction Sector. Working with a “constrained resource envelope” in the aftermath of the Covid-19 pandemic ahead of Budget 2021-22, the government essentially had to make a choice between two policy options: handouts and capital expenditure. “We chose capex,” TV Somanathan, Expenditure Secretary, Ministry of Finance, told The...

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