-The Hindu The Government needs to reverse its neglect and policy missteps as key indicators show the sector has resilience The second wave of the COVID-19 pandemic could be slowly receding with a decline in the official estimates of daily infections and deaths. The economy is also very gradually getting back to normal, with many States beginning to ease some of the restrictions imposed in their lockdowns. However, the challenge of an...
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GDP shrinks by 7.3%; Q4 uptick moderates 2020-21 carnage -Vikas Dhoot
-The Hindu On inflation, the Chief Economic Adviser said it is expected to be range-bound and should not exceed the prescribed level. India's Gross Domestic Product (GDP) contracted by 7.3% in 2020-21, as per provisional National Income estimates released by the National Statistical Office on Monday, marginally better than the 8% contraction in the economy projected earlier. GDP growth in 2019-20, prior to the COVID-19 pandemic, was 4%. The Gross Value Added (GVA)...
More »What Lies at the Foundation of the Prolonged Agrarian Crisis in India? -Shinzani Jain
-Newsclick.in The deeper rot in agriculture can be overcome through more far-reaching reforms, starting from an overhaul of pre-capitalist land relations and relations of production that continue to shackle productivity and are at the root of aggravating poverty, unemployment and inequality in rural India. It has been more than five months since farmers from different parts of the country began protesting in Delhi. They have been unflinching when it comes to their...
More »Maternity entitlements are neglected in states like Jharkhand, M.P. and U.P., reveals JABS survey (2019)
The National Food Security Act 2013 guarantees maternity benefit to the tune of Rs. 6,000/- per child by the Central Government for pregnant women and lactating mothers, barring those who are already availing such benefits while being in regular employment with the Central Government or State Governments or Public Sector Undertakings or under other laws. The NFSA 2013 also legally guarantees free meals for every pregnant woman and lactating mother...
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...
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