The Urgent Need for an Urban Employment Guarantee Scheme
Millions of urban Indian residents are struggling without livelihood opportunities. A national urban employment scheme needs to be put in place immediately.
The Forex Bonanza
The rise in India’s forex reserves is no cause for celebration. Rather it points to effects of the economic contraction induced by the pandemic and the new vulnerabilities that the circumstances accompanying the pandemic have generated.
A Non-Performing Code for Bad Debt
The Insolvency and Bankruptcy Code has been touted as a game changer in the effort at resolution of bad debts of Indian banks. However, it has not been able to help banks recover the loans they have given to big corporates, who with impunity have just refused to service those liabilities.
The Hunger Pandemic
A survey conducted in October 2020 shows widespread hunger across 11 States. In the midst of the devastating second wave, immediate relief is needed.
Hunger, Again
Preoccupation of the world with Covid pandemic has led to less policy attention to concerns of food security and hunger. This is bad news, because globally, hunger is rising once again.
Two Key Numbers to Look Out for in the Upcoming Budget 2021
These are: how much did the government claim to have spent in 2020-21, and how much does it intend to spend in 2021-22. They will determine whether there is any real hope of sustained macroeconomic recovery in the near future.
Why Public Employment Is Crucial for a Healthy, Equitable Society
Greater public employment ensures better deliver of public services to citizens.
China | Economy | Online Blog | USA | World Economy | World Politics
Bilateral Swaps in China’s Global Presence
A less highlighted instrument that has contributed to China’s growing global influence in developing countries worldwide is bilateral currency swaps between China’s central bank and the central banks of these countries.
It’s All Work and No Pay for Most Women in India
The NSSO’s time use survey reveals striking facts about how men and women in India spend their time very differently, with women hugely burdened by unpaid work.
Central Government Fiscal Stance during the Pandemic
In a bid to manage the fiscal deficit, the Centre significantly reduced its public expenditure. However, this contracted aggregate demand at a time when it actually needed a boost.