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10/05/2020
The country has been in lockdown mode since March 24, administered centrally by the Ministry of Home Affairs, using powers conferred under the National Disaster Management Act. The approach has thus far been an administrative one, the overarching aim being to minimise the spread of the epidemic. Subject to this ...
(Co-authored with Lekha Chakraborty)
Ex-gratia payments to women account holders PMJDY, poor widows, senior citizens and physically challenged persons are welcome steps, including free gas cylinders for Ujjwala beneficiaries.
The world is shut down to avoid a catastrophe. This has caused enormous damage to economies leading to a ...
Economic lessons of Coronavirus
06/03/2020
The outbreak of the coronavirus epidemic is neither unprecedented nor intractable. However, its genesis in China, and its transitive impact on global economic activity, portend important lessons for economists.
• Globalisation brings structural risks which have to be analytically recognised and addressed
Globalisation represented the triumph of the ...
(Coauthored with Emmanuel Thomas)
After US President Donald Trump’s visit to India, attention has shifted to the enormous bilateral defence deal worth $3 billion from the ‘deficits and tariffs’ debate in the India-US economic diplomacy discourse. His reiteration of India as a ‘tariff king’ was striking, especially as he ...
The data fundamentalism relates to the suppression of data over ‘adverse’ inferences or inferior data.
Thomas Piketty’s magnum opus ‘Capital in the Twenty-First Century’ and his later works popularised the notion of ‘top 1% income quintile’ and estimated income inequality in the context of India. He used a combination ...