C P Chandrasekhar & Jayati Ghosh

The differential ability of nations to resort to increased government spending to deal with the Covid blow may lead to increased income and social deprivation

The external sector does not create any constraint on significantly increased expenditure by the central government

An official survey shows that education spending has gone up sharply in India, forming a huge financial burden on households

Remittances are an important source of income for low/middle-income countries. But nations that rely more on these inflows have been hit harder

China’s quick economic recovery from the pandemic vis-a-vis other countries indicates both reduced regional integration and setbacks in some of its Asian neighbours

The Covid crisis has raised government debt the world over. After the crisis, the recovery will depend on how governments choose to repay this debt

The NSSO’s time use survey reveals striking facts about how men and women in India spend their time very differently, with women hugely burdened by unpaid work

The emergence of a trade surplus in India’s balance of payments over the first five months of FY21 signals the behaviour of an economy in recession

To treat the divergence in the performance of stock markets and the real economy as purely externally driven and only capable of self-correction, is to avoid taking action