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No matter what Bharat Biotech says, Covaxin is just not ready for approvals

Bharat Biotech got an approval for its COVID-19 vaccine and along with it came a lot of flak from critics who believe that the process was rushed for no valid reason. Dr Krishna Ella, the founder and chairman of Bharat Biotech,...

The need for a more direct stimulus

The finance minister announced a stimulus package called Atmanirbhar 3.0, so-called because it was the third in a series. The total rupee value of this stimulus for the economy is 2.65 trillion. A stimulus is supposed to put money in...

Centre raises hopes of free COVID-19 vaccine, but benevolence can’t be at the cost of the economy

This article first appeared in the Firstpost.  COVID-19 has assaulted the health of people and economies. The impact on the economy has led to further stress on people’s livelihoods. This unprecedented threat to public health has not been constrained by...

India’s Covid data like counting potholes under streetlights. There are far more in the dark

There are two ways to deal with the uncertainties arising from the Covid-19 pandemic. The first is to take them as they come, and as I wrote in an earlier column, deal with the daily developments with a Stoic mind....

India could afford to overlook economic inequality until now. Covid has changed that

Had we not been so engrossed by the covid-19 pandemic and Chinese transgressions in the Himalayas, the Narendra Modi government’s deregulation of the space sector would have stood out as a structural, big-bang reform. You don’t have to be a...

Public lockdown discipline fast eroding, India risks becoming lax in Covid fight

India is in a crucial and especially dangerous phase of the coronavirus pandemic. With the relaxation of the national lockdown, public attention, media focus and the priorities of political leaders have shifted to other things. There is a sense — strengthened by Prime...

Price controls are a terrible idea to tackle private-public healthcare gap in India

Even before the advent of the Covid-19 pandemic, sticker shock with respect to private hospital charges was commonplace in India. The perception and fear of being overcharged by private hospitals, especially through ‘unnecessary’ diagnostic tests and treatments, is widespread. Adverse...

India is being forced to unlock during pandemic. But it’s no green zone yet

Unlike many other countries, India is gradually lifting the lockdown before the coronavirus curve has flattened. Covid-19 positive cases are now doubling every 17 days, a little slower than a week ago. With several state governments relaxing the lockdown, we should expect that...

Some out-of-the-box ideas for a fiscal stimulus

The pandemic and lockdown have deeply hurt the economy. This year the world’s economy will shrink by 3 percent, something that we have not witnessed in our lifetimes. India too may shrink as much if not more, since our lockdown...

The role that compassion could play in India’s economic revival

To rebuild the economy, we must focus on rebuilding social capital. To rebuild social capital, we need greater compassion across society. So many of the humanitarian tragedies that unfolded over the past few months could have been avoided or mitigated...
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