-The Indian Express Arvind Subramanian, Shoumitro Chatterjee write: Our growth model has been export-led and should not be abandoned. Export opportunities in general and in specific sectors could be significant even in a Post-COVID world. India’s intellectual and policy community has embraced atmanirbharta. This inward turn — actually return — amounts to abandoning two core principles of the Post-1991 consensus: Export-orientation on the macro-economic side, and slow but steady liberalisation on the...

-Economic and Political Weekly In recent years, the Indian official data has been challenged for many reasons, most of them arising out of the perception that the government is reluctant to release unfavourable data. These doubts have been exacerbated by the controversy posed by the debate around Citizenship (Amendment) Act, National Population Register, and National Register of Citizens and the weakening of established institutions like the National Statistical Commission. The COVID-19...

-The Telegraph The Nobel laureate economist described 'India as a Poster child of what not to do' Nobel laureate economist Joseph Stiglitz made a strong case for spending money to combat the long-term economic damage of the pandemic, saying that India would be well advised to focus on containing the contagion as the economic aftermath cannot be tackled without tackling the pandemic. Bracketing India with Brazil and the United States for its “utter...

-The Hindu Several workers returning to Gurugram and Delhi from their home towns after the lockdown discover their employers have already filled their positions Vijay Mishra, a chhole-poori vendor on Jharsa Road in Gurugram, is the odd man out among a row of fruit sellers. The 38-year-old makes ₹200-₹300 daily, not even half of what he used to earn at his job in Maruti Suzuki India Limited before the lockdown. Like thousands of...

-Livemint.com * Nobody is going to be denied the compensation which has arisen out of implementation of GST and COVID impact. A discussion with states is on,' says Sitharaman * Sitharaman adds that compensation cess collected this year amounting to about ₹20,000 crore will get disbursed to all states by tonight Union Finance Minister Nirmala Sitharaman during the 42nd Goods and Services Tax (GST) Council meeting today decided to extend compensation cess beyond...