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Yearly Archives: 2020

Home 2020

COVID-19 Lockdown: The crisis of rural employment

  • May 21, 2020
  • Vikas Rawal and Manish Kumar
  • Employment, Food and Agriculture
  • 0 Comments

Lack of preparation by the Central government for dealing with the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. The informal economy, of which agriculture and the…

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COVID-19 Lockdown: Impact on agriculture

  • May 21, 2020
  • Vikas Rawal and Manish Kumar
  • Development Economics, Food and Agriculture
  • 0 Comments

Lack of preparation by the Central government for dealing with the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. The informal economy, of which agriculture and the…

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Should MFs call for Direct RBI Support?

  • May 21, 2020
  • Parthapratim Pal and Partha Ray
  • Finance
  • 0 Comments

Franklin Templeton (FT) has shut down six of its debt funds with an aggregate AUM (assets under management) of Rs. 25,856 crore (as on April 2020). Faced with such a situation, there are clamours for support from Reserve Bank of…

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Callousness in a Time of Crisis

  • May 20, 2020
  • C. P. Chandrasekhar
  • Economy and Society, Macroeconomics
  • 0 Comments

On May 12, Prime Minister Modi declared that the government, in response to the Covid-19 induced crisis, is about to unveil a Rs. 20 lakh crore relief and revival package amounting to 10 per cent of GDP. This announcement came…

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New fronts in the US-China trade war

  • May 19, 2020
  • C. P. Chandrasekhar and Jayati Ghosh
  • Trade and balance of payments, World Economy
  • 0 Comments

While everyone was busy looking at the Covid-19 numbers across the world, other “stuff was happening” in international trade: the US-China trade war, which started as far back July 2018, just got significantly worse. This on-again-off-again war has been a…

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How to Build the Global Green New Deal

  • May 18, 2020
  • Jayati Ghosh
  • Macroeconomics, World Economy
  • 0 Comments

The demands for a "Global Green New Deal" were never about some Utopian vision or naïve perception of global togetherness: combined and co-ordinated global efforts are necessary to ensure the survival of the planet and of human life on it.…

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The War on Labour

  • May 18, 2020
  • Prabhat Patnaik
  • Economy and Society, Macroeconomics
  • 0 Comments

Even as millions of migrant workers are wearily trudging back to their villages with no money, no food and no shelter, or are locked up en route in shoddy quarantine camps, a war has been unleashed on the rights of…

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Will Diluting Labour Laws in India in Indian States Attract more Private Investment?

  • May 12, 2020
  • Jayati Ghosh
  • Economy and Society
  • 0 Comments

The class war waged by employers in India has never been so blatant, nor has the openly partisan behaviour of the executive and judiciary. What began ostensibly as a public health exercise to prevent the spread of a virus infection…

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A Dangerous Courses

  • May 11, 2020
  • Prabhat Patnaik
  • Finance, Political Economy
  • 0 Comments

Despite repeated demands by the states the Centre still has not released what is their legitimate due, namely the compensation for their revenue loss owing to the introduction of GST; this has not been paid since August. Meanwhile the Covid-19…

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The End of Globalization

  • May 8, 2020
  • Prabhat Patnaik
  • Finance, Political Economy
  • 0 Comments

In an editorial on April 3, The Financial Times of London wrote: “Radical reforms in reversing the prevailing the policy direction of the last four decades will need to be put on the table. Governments will have to accept a…

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