Post Tagged with: "COVID Job Loss"

Stimulus 3.0 is not a package, not stimulatory either for the economy in recession

Stimulus 3.0 is not a package, not stimulatory either for the economy in recession

The Finance Minister, Nirmala  Sitharaman has announced a series of measures in the name of Atmanirbhar Bharat 3.0 package in order to re-energise the stagnant Indian economy. These measures include credit support for the stress sectors, increasing of job creation, measures to boost the reality sector and tax relief to the homebuyers and developers. The whole amount is Rs. 2.65 lakh[Read More…]

by November 26, 2020 India
Arun Kumar, Economist and author

Economy May Not Recover Back to Where It was in January 2020: Prof. Arun Kumar

Interview with Prof. Arun Kumar by Mohd. Nuashad Khan       What’s your take on the free fall of the GDP? Is it because of the pandemic or something else? I am surprised that the decline in GDP in Q1 is given as 23.9 per cent. It should have been much more because the unorganised sector which is 45 per cent[Read More…]

by September 21, 2020 India
Revive the Role of Trust in Economy and Politics

Revive the Role of Trust in Economy and Politics

The pandemic driven lockdowns have triggered worldwide growth of unemployment, hunger, homelessness and poverty. The speed of economic descent in world economy is extraordinary. The world is sleep walking into greater economic depression of the century and its impacts will reverberate for decades. The COVID-19 pandemic led economic crisis has been used by ruling and non-ruling classes to reconfigured the[Read More…]

by August 10, 2020 World