-Hindustan Times Mumbai: Alleging that the Centre was diluting environment protection laws to allow construction in ecologically important areas, citizens and environment groups have filed 3,971 objections against the draft environment impact assessment (EIA) notification, 2020 proposed by the Union environment ministry. On March 12, the Union ministry of environment, forests and climate change (MoEFCC) presented the new rules that will replace the 2006 EIA notification, which is presently in force, in...
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How Covid has flattened prices, shifted demand curve for agri-commodities -Harish Damodaran
-The Indian Express Lockdown has led to demand destruction similar to demonetisation even for commodities such as potato and milk that were till recently in short supply While there is debate on how much the lockdown has helped in “flattening the Covid-19 curve”, one thing is clear: It has led to a flattening of prices through a “leftward shift in the demand curve”. The best way to illustrate this is through two agricultural...
More »Suggested resources to understand the COVID-19 crisis better
These days a lot many articles, reports, documents, etc. are appearing in the public domain on Coronavirus infection and related issues. An attempt has been made in the present news alert to put together in one place some of the best articles, reports, blogs, webinars, podcasts, etc., which can be useful for our readers. We have divided the resources under various themes for the convenience of our readers and social media...
More »The key strategy is fiscal empowerment of States -M Govinda Rao
-The Hindu The Centre must recognise that winning the war on COVID-19 is linked to the States being armed with enough resources The scale of disruption caused by the COVID-19 pandemic has never been seen before. Even as we are in the midst of the second phase of the national lockdown, there is no clarity on the time it will take to come out of the crisis, the extent of Damage it...
More »Recent reports predict gloomy days ahead for the overall economy
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...
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