-The Hindu Business Line Fiscal policy in India has been very timid amidst harsh, inefficient (in terms of public health outcomes) lockdown spells. Unless this changes, the economy may dive further As India faces the biggest economic crisis since Independence, it is being led by a central government in denial about the severity of the impact on lives and livelihoods, and spreading false hopes about the immediate future. The Monthly Economic Report of...
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Unique media fellowship opportunity for Odia, Malayalam and Tamil journalists to work on "Gendered Impacts of COVID-19". Apply soon.
MS Swaminathan Research Foundation is offering fellowship for Odia, Malayalam and Tamil journalists. The theme of the MSSRF fellowship is "Gendered Impacts of COVID-19" dealing with gender and health, focusing on post COVID-19 situation in rural India, on how coronavirus changed women's lives. Entitled Mina Swaminathan Media Fellowship for Gender and Development, the fellowship offers a unique researcher-media partnership for journalisrs to focus on gender and development, particularly in rural India....
More »Centre’s stance on GST compensation to states is untenable, legally and morally -TM Thomas Isaac
-The Indian Express The stand of Indian government is devoid of any macro-economic logic. It is not a contra-cyclical, but a pro-cyclical stance. And it is untenable, legally and morally. The relation between the Centre and the states has reached its nadir with the controversy over the GST compensation payment. The shortfall in GST revenues in 2020-21 from the protected level will be of the order of Rs 3 lakh crore. The...
More »Sangh seeks ban on book Modi released -KM Rakesh
-The Telegraph The work eulogises a prominent leader of the 1921 Malabar Rebellion, Variyamkunnath Haji, who the Right wing describes as 'anti-Hindu' Social media forwards of excerpts from a central government-published book eulogising a rebel against British rule who the Right wing describes as “anti-Hindu” has caused embarrassment to the Sangh parivar, more so because the compilation had been released by Prime Minister Narendra Modi. Dictionary of Martyrs of India’s Freedom Struggle (1857-1947),...
More »Explained: Forex reserves at all-time high — why did this happen, and what does it mean for India’s economy? -George Mathew and Sandeep Singh
-The Indian Express The current situation stands in stark contrast to the one in 1991, when India had to pledge its gold reserves to stave off a major financial crisis. In March 1991, India had forex reserves of a mere $5.8 billion; today, the country can depend on its soaring foreign exchange reserves to tackle any crisis on the economic front. India’s foreign exchange (forex) reserves surged by $3.883 billion to touch...
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