Is Wage Determination really a function of Demand and Supply of Labour in Pandemic Economy?

May 22, 2020

Wage determination, therefore, becomes less and less a function of demand and supply and more and more a function of class power. If we take the regular demand-supply framework into consideration, we realise that the present pandemic not only causes a negative shock on the aggregate demand levels but also the aggregate supply levels

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How COVID-19 is going to change the future of Free Trade

May 22, 2020

This pandemic has exposed the inherent weaknesses of state functioning and questioned the very structure on which modern economies have been thriving.

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Are the coronavirus warriors losing their own personal battles?

May 20, 2020

The costs of attending work for everyone would be the possibility of becoming a vector of transmission of virus but if the societal benefits of certain employees exceed their costs, adjusted wage payments should be made accordingly

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Is COVID19 last nail in the coffin of the Free Trade?

May 19, 2020

The medium-term impact of the pandemic on international trade and the degree of efficacy of anti-free trade measures depends on the ability of the domestic producers and service providers to scale up operations

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Crises and the Workers at the Margin

May 17, 2020

The evidence and stories about the humanitarian crisis coming from various parts of the country are dire According to the report of Stranded Workers Action Network (SWAN), a group of volunteers conducting relief works for the stranded workers across the country, 72% of the workers who have contacted them have food ration left for only two days.

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Migrant’s arduous exodus from different states showcased a “trust deficit” of poor in governance

May 17, 2020

The lockdown has further demonstrated that the governance structures of democracy quite often legitimise use of violence against poor. Therefore, the ever-migrating cohorts of Indian citizens are now reduced to migrant labourers stuck in different cities without having even work or food supplies.

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HALVING COSTS, DOUBLING INCOME: AN ANALYSIS OF PPP IN KISAN RAIL

May 10, 2020

With the ambitious plan of doubling the framers’ income by 2022-23, Finance Minister, Nirmala Sitharaman in her budget speech introduced Kisan Rail scheme. In an effort to build a coherent national supply chain for perishable products, Kisan Rail train with frozen containers will be started along with refrigerated coaches being added in Express and Freight trains for the transportation of perishable goods from the producer to the market. This farm to fork model is aimed to be set up via PPP model.

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STATUS OF BIHAR ACROSS SOCIAL PARAMETERS OF THE SDGs

May 3, 2020

Overall, in NITI Aayog’s SDG Index, Bihar is positioned last with Index score of 50, while Kerala (70) stands at top followed by Himachal Pradesh (69) and Andhra Pradesh (67), with India’s average index score being 60. This is also supported by above report findings where we observe that Bihar has ranked poorly on parameters of poverty alleviation, zero hunger, food security, health and education.

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Critical Factors Contributing to the Spread of Fall Armyworms from a Data Science Perspective

May 3, 2020

[The study was co-authored by Dr. Shravani Basu, Ángel de Jaén Gotarredona, Dr. Sébastien Foucaud & Dr. Mukti Sadhan Basu for SBSF Consultancy and originally published on towardsdatascience.com. The full study shall be published in a series of articles and this is the first article of that series.] Goals of the study Although existing and […]

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THE PANDEMIC TURMOIL: GLOBAL IMPACT OF CORONAVIRUS

April 12, 2020

The health turned economic crisis will have a pivotal economic fallout, affecting the demand and supply chain. According to the IMF, we have already entered a recession that will be worse than 2009.

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