-The Hindu The relief measures do not seem to be commensurate with the economic disruption caused by the lockdown How does India compare in the quantity and quality of its COVID-19 response to other developing countries? Here we extend our earlier analysis of India’s fiscal response (The Hindu online, “India must enhance fiscal support for COVID-19 relief and rebuilding”, April 18, 2020) drawing on the International Monetary Fund Policy Tracker, the COVID-19...

-TheIndiaForum.in The lockdown has devastated livelihoods at unprecedented levels, causing widespread job losses and hunger. The measures so far will not solve the crisis. India should universalise the PDS, expand cash transfers, and create a national job guarantee scheme. The Covid-19 global pandemic and its associated Containment measures have taken a heavy toll on economies and societies worldwide. In India, the national lockdown, imposed on 24 March and subsequently extended three times...

-The Hindu Business Line Gross non-performing assets of banks could rise to 11 to 11.5 per cent this fiscal CRISIL Research has stated that the current coronavirus pandemic could lead to a four per cent permanent loss to real Indian gross domestic product (GDP) and said that more fiscal stimulus will be required. Most economies across the globe are unlikely to see normal conditions until 2022 due to the current coronavirus pandemic and...

-Livemint.com * The Centre has allowed all neighbourhood shops in the residential areas to open if they follow certain guidelines * Union home ministry added that the social distancing must be strictly maintained A month after nationwide lockdown, the Centre has allowed all neighbourhood shops in the residential areas to open if they follow certain guidelines. However, shops in market places, multi-brand and single brand malls as well as market complexes located in...

Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...