-The Indian Express With economic activity severely disrupted in the first two months of this fiscal, hit hard by a series of localised lockdowns and rising Covid-19 cases, GDP contraction for the first quarter is being pegged at an average 20 per cent by economists, with the de-growth range between 15.2 per cent and 25.5 per cent. The April-June Gross Domestic Product (GDP) will mark India’s entry into a recessionary phase —...
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Vivek Kaul, columnist on economics and business and author of 'Bad Money: Inside the NPA Mess and How it Threatens the Banking System', interviewed by Rohan Venkataramakrishnan (Scroll.in)
-Scroll.in The author of ‘Bad Money: Inside the NPA Mess and How It Threatens the Banking System’ speaks about Atmanirbhar Bharat and what the media gets wrong. Vivek Kaul is the author of the Easy Money trilogy of books on the history of banking and money and, most recently, of Bad Money: Inside the NPA Mess and How it Threatens the Banking System. In lucid prose, Kaul draws out the history of...
More »Fight against hunger disrupted by coronavirus-induced recession -Jagriti Chandra
-The Hindu Between 8.3 crore and 13 crore people globally are likely to go hungry this year. Between 8.3 crore and 13 crore people globally are likely to go hungry this year due to the Economic Recession triggered by coronavirus (COVID-19), warns the State of Food Security and Nutrition in the World (SOFI) 2020 report. Estimates drawn from data available till March 2020 show that almost 69 crore people went hungry in 2019...
More »Dr. Himanshu. associate professor at JNU and a visiting fellow at Centre de Sciences Humaines, interviewed by Shreehari Paliath (IndiaSpend.com)
-IndiaSpend.com Bengaluru: As India deals with growing numbers of COVID-19 cases and the economic ramifications of the resultant lockdowns, the Bharatiya Janata Party-led government has made a slew of announcements and promulgated ordinances to revive the economy, including the agriculture sector. It brought in the Farmers’ Produce Trade and Commerce (Promotion & Facilitation) Ordinance 2020, Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance 2020, and amended the...
More »In this time of crisis, the most urgent imperative is to protect underprivileged families from starvation -SY Quraishi
-The Indian Express There is an urgent requirement to put money in the hands of the impoverished to support them during the pandemic. This has been the refrain of the Nobel laureate Abhijit Banerjee. Further, the government must tighten the implementation of its critical schemes related to nutrition, food security and healthcare. The COVID-19 pandemic is flaring up into a mass humanitarian crisis. Its foremost victim will be innocent children who have...
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