Evaluating India’s post-COVID response to the MSME sector

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Focusing on institutionalising loan restructuring for MSMEs could ameliorate the structural long-run issue of high defaults. Further, apart from all this supply side facilitation, the government must start thinking about the demand side of the economy since its deceleration has been at the core of the chronic economic slowdown, which has certainly impacted the MSMEs adversely.

Issues in Migrant Social Protection

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A recent study by LSE found that 52% of urban workers went without work or pay and received no financial assistance for over a month. Bihar’s emergency assistance programme has been cited as a rare example of sub-national government’s efforts to identify, onboard and disburse payments to the migrants during the ongoing pandemic.

Institutionalizing Innovation through Incubation in India

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In the past few years it is apparent that only the Indian IT/ITES industry has been able to learn, catch-up, develop, and successfully accesses global technological standards. Although the same cannot be said for our product market industry where innovation is far away from making a global footprint.

Understanding Cyclicality of Fiscal Policy, High Fiscal Deficit in Union Budget 2021-22: Implications on Inflation

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In sum, revenue contraction, expenditure-side stimulus measures, and low denominator GDP – these three factors have collectively contributed to the high fiscal deficit in 2020-21 RE.

Will IPRs restrict access to Covid Vaccine?

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The IPR waiver would allow all countries to choose to neither grant nor enforce patents and other IPRs related to COVID-19 drugs, vaccines, diagnostics and other technologies for the duration of the pandemic until global herd immunity is achieved. This move harkens back 20 years to the HIV/AIDS epidemic, when affordable generic HIV drugs, made in countries where patents did not block production, began saving millions of people’s lives.