In the month of April this year, there has been an unprecedented upsurge in daily new cases and daily new deaths in the country due to Covid-19. States, which reported large increases in daily new cases and daily new deaths, are Maharashtra, Kerala, Karnataka, Delhi and Uttar Pradesh, to name but a few. Data accessed from https://www.covid19india.org/, which is a crowdsourced platform and an independent aggregator of daily Covid-19 figures and...
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Under-reporting does hurt the COVID fight -Bhramar Mukherjee and others
-The Hindu Without good data, accurate projections are impossible, making it difficult to gauge the true state of the pandemic India, now home to the world’s worst ongoing coronavirus pandemic, is currently reporting nearly a million new cases and 10,000 deaths every three days, according to data released by the Ministry of Health and Family Welfare. The true extent of the second wave now ravaging India is likely much worse than official...
More »Covid has accentuated the private cost of India’s public failure -Vivek Kaul
-Livemint.com The health crisis will boost the trend of India’s well-off opting out to create parallel infrastructure On 2 May, the total number of active covid cases in the country crossed 3.4 million. The number was at 5,80,387 on 31 March, implying a jump of around 488% in a little over a month’s time. Unlike the first wave, this time around the well-to-do middle class has also been heavily impacted by the...
More »Jobless growth: the pandemic has revealed India’s crisis of unemployment -Himanshu
-The Indian Express The current model of economic growth prioritises capital over labour and is unlikely to resolve the unemployment crisis. COVID-19 infections are once again on the rise with daily infections crossing 60,000 per day last week. This is considerably higher compared to the reported infections during the same period last year when the numbers were less than 500 per day. What is obvious is that the pandemic is far from...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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