As India’s second wave continues to get more acute, the economic fallout is becoming increasingly tangible. Workplace and recreational mobility are down 15 per cent over the last month, as is a broader index of activity from its February peak. Labour force participation rates have fallen and the unemployment rate has climbed. Less quantifiable, but more compelling, are images of migrant workers preparing to leave cities and head home, for the second time in a year.
Much has been written about the needed response to the current health crisis. But what should the complementary economic response be? To answer
Much has been written about the needed response to the current health crisis. But what should the complementary economic response be? To answer
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