Drastic times call for radical measures. Falling tax revenues call for an increase in borrowings by the central government to help states. A failure to do so now could have a negative impact on the…
The lockdown disrupted agricultural markets just when the rabi crop was harvested. To support farmers the states & the centre need to devise policies to expand procurement to cover more crops…
The inter-dependence between public health & the economy in the Covid-19 crisis calls for solutions that address both together in the short & medium term. The long run demands a greater…
Train 18 is India’s first indigenously developed semi-high speed train set that was rolled out very quickly and at low cost. Yet, like many public R&D projects, Train 18 too has had to face…
The lockdown will not eliminate the coronavirus. Instead it could harm the livelihood & health of many. We must repair broken lives with economic measures, use evidence-based strategies to slow…
With more than three-quarters of India’s workforce either self-employed or in casual work, and earning low incomes, the lockdown was bound to devastate their livelihoods. Conditions were poor before…
If the first option of dealing with Covid-19 by imposing a complete lockdown but accompanied by comprehensive State support is not possible, then we must think of alternatives. Here is an…
The traditional toolbox of fiscal and monetary measures will not help deal with the exogenous shock given by Covid-19 to the global economy. In these unknown waters for now the state can at best ramp…
The Coronavirus outbreak calls for a major stimulus by the Government to rescue an already sagging economy. But the 2021 Budget was itself premised on fiscal conservatism and had made unrealistic…
For more than five years the Government has been lukewarm towards the MGNREGA. Yet, in the midst of the ongoing slowdown this very programme is a potentially effective instrument that it can and…