-The Hindu Business Line New Delhi: Resorting to conservation agriculture would not only increase crop yield, income and reduce the use of natural resources, but would also confer climate change benefits, according to a study by Indian agricultural scientists and others published in an international journal on Thursday. The study, published in the journal Nature Sustainability, also showed that conservation agriculture was key to meeting many of the UN’s Sustainable Development Goals...
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A long haul, spend wisely, but don’t skimp on the truly needy -Amartya Sen , Abhijit Banerjee & Raghuram Rajan
-The Indian Express Amartya Sen, Raghuram Rajan, Abhijit Banerjee write: As it becomes clear that the lockdown will go on for quite a while, the biggest worry right now, by far, is that a huge number of people will be pushed into dire poverty or even starvation by the combination of the loss of their livelihoods and interruptions in the standard delivery mechanisms. We in India worry a lot about the possible...
More »Banks red-flag looming retail loan default, push for 6-month moratorium -George Mathew & Anil Sasi
-The Indian Express The extended lockdown across the manufacturing and services sectors, the resultant job losses along with the wave of salary cuts are projected to start impacting the repayment capacity of retail borrowers. Mumbai/ New Delhi: The possibility of loan defaults spilling over from the corporate sector to the retail segment, a key growth area for lenders in recent years, has been flagged as a growing concern by bankers at a...
More »A time for extraordinary action -T Jayaraman & Tejal Kanitkar
-The Hindu An unprecedented scale of state investment is required to lift up the Indian economy Even before the full impact of COVID-19 on the health of Indians is clear, the economic impact of the measures required to deal with the pandemic are already posing grave problems. The Indian economy was in dire straits even before COVID-19 reached our shores. Specifically, the lockdown and other movement restrictions, backed by scientific and political...
More »COVID-19: UN Report Says About 400 Million Indian Workers May Sink Into Poverty
-PTI/ NDTV The International Labour Organization (ILO) in its report titled 'ILO Monitor 2nd edition: COVID-19 and the world of work', describes coronavirus pandemic as "the worst global crisis since World War II". United Nations: About 400 million people working in the informal economy in India are at risk of falling deeper into poverty due to the coronavirus crisis which is having "catastrophic consequences", and is expected to wipe out 195 million...
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