Weekly Updates on the Indian Economy
(26/06/2021 to 02/07/2021)
- National Accounts and State of the Economy
- Food, fuel prices lift CPI-IW to 120.6 points
https://www.thehindubusinessline.com/economy/food-fuel-prices-lift-cpi-iw-to-1206-points/article35066029.ece
- Revamped distribution sector scheme positive for State Discoms, implementation is key: ICRA
https://www.thehindubusinessline.com/economy/revamped-distribution-sector-scheme-positive-for-state-discoms-implementation-is-key-icra/article35073434.ece
- App-based cab drivers seek ‘economic, social support’
https://www.thehindubusinessline.com/economy/app-based-cab-drivers-seek-economic-social-support/article35083964.ece
- Indian economy poised for recovery in FY22, says SBI Chairman
https://www.business-standard.com/article/economy-policy/indian-economy-poised-for-recovery-in-fy22-says-sbi-chairman-121062700234_1.html
- Ind-Ra lowers FY22 GDP growth forecast to 9.6% due to scale of Covid 2.0
https://www.business-standard.com/article/economy-policy/ind-ra-lowers-fy22-gdp-growth-forecast-to-9-6-due-to-covid-2-0-121062600428_1.html
- Cabinet approves Rs 6.29-lakh crore COVID-19 relief package announced by FM
https://economictimes.indiatimes.com/news/economy/policy/cabinet-approves-rs-6-29-lakh-crore-covid-19-relief-package-announced-by-fm/articleshow/83985109.cms
- Sitharaman expands credit relief, unveils new Covid-19 recovery package
https://www.business-standard.com/article/economy-policy/india-expands-credit-relief-unveils-new-covid-recovery-aid-121062800988_1.html
- Indian economy showed signs of cooling in May before gaining momentum
https://www.business-standard.com/article/economy-policy/indian-economy-shows-signs-of-cooling-down-in-may-before-gaining-momentum-121062800086_1.html
- Health, credit, jobs: FM announces 8 measures to revive economy in pandemic
https://www.business-standard.com/article/economy-policy/finance-minister-announces-eight-relief-measures-key-points-121062800964_1.html
- Have sunset clause for economic laws constraining growth: Vijay Kelkar
https://www.business-standard.com/article/economy-policy/have-sunset-clause-for-economic-laws-constraining-growth-vijay-kelkar-121063000135_1.html
- S&P Global cuts India's growth forecast to 9.5% from 11%, trims EM overall
https://www.business-standard.com/article/economy-policy/s-p-global-cuts-india-s-growth-forecasts-trims-em-overall-121062900069_1.html
- India's June jobless rate falls to 9.17% from 11.90% in May: CMIE
https://www.business-standard.com/article/economy-policy/india-s-june-jobless-rate-falls-to-9-17-from-11-90-in-may-cmie-121070100206_1.html
- Nearly double-digit GDP growth expected in FY22: PEA Sanjeev Sanyal
https://www.business-standard.com/article/economy-policy/nearly-double-digit-gdp-growth-expected-in-fy22-pea-sanjeev-sanyal-121063002028_1.html
- Urban Indians prefer job guarantee over cash handouts, says LSE study
https://www.business-standard.com/article/economy-policy/urban-indians-prefer-job-guarantee-over-cash-handouts-says-lse-study-121070200080_1.html
- Stimulus aimed at survival, not growth; More needed: Experts
https://economictimes.indiatimes.com/news/economy/policy/stimulus-aimed-at-survival-not-growth-more-needed-experts/articleshow/83965081.cms
- Economic activity recovering since late-May; rising cyber attacks a risk: Shaktikanta Das
https://economictimes.indiatimes.com/news/economy/policy/economic-activity-recovering-since-late-may-rising-cyber-attacks-a-risk-shaktikanta-das/articleshow/84038653.cms
- NCAER pegs April-June quarter growth at 11.5%
https://economictimes.indiatimes.com/news/economy/indicators/ncaer-pegs-april-june-quarter-growth-at-11-5/articleshow/83866877.cms
- India's business activity picking up faster after second wave compared to last year: Nomura
https://economictimes.indiatimes.com/news/economy/indicators/indias-business-activity-picking-up-faster-after-second-wave-compared-to-last-year-nomura/articleshow/83917495.cms
- India set to report strong growth this fiscal, to cross 7% GDP by FY24
https://economictimes.indiatimes.com/news/economy/indicators/india-set-to-report-strong-growth-this-fiscal-to-cross-7-gdp-by-fy24/articleshow/83923480.cms
- Fiscal impact of fresh stimulus package under 1% of GDP: Experts
https://economictimes.indiatimes.com/news/economy/indicators/fiscal-impact-of-fresh-stimulus-package-under-1-of-gdp-experts/articleshow/83933280.cms
- India’s consumer digital economy to be $800 billion by 2030: RedSeer
https://economictimes.indiatimes.com/news/economy/indicators/indias-consumer-digital-economy-to-be-800-billion-by-2030-redseer/articleshow/83988416.cms
- RBI Financial Stability Report: Prices, Covid variants threats to recovery
https://economictimes.indiatimes.com/news/economy/indicators/rbi-financial-stability-report-prices-covid-variants-threats-to-recovery/articleshow/84054923.cms
- How Covid-19 hurt household savings in India
https://scroll.in/article/998546/how-covid-19-hurt-household-savings-in-india
- Coronavirus: Centre announces schemes to boost economy, focus on healthcare and tourism
https://scroll.in/latest/998720/coronavirus-centre-announces-schemes-to-boost-economy-focus-on-healthcare-and-tourism
- Six ways India could revive its Covid-hit economy
https://scroll.in/article/998638/seven-ways-india-could-revive-its-covid-hit-economy
- Finance Minister Delivering Nothing but Headlines: Congress on Stimulus Package
https://thewire.in/politics/finance-minister-delivering-nothing-but-headlines-congress-on-stimulus-package
- A Year Into the Pandemic, the Statistical Vacuum on Indian Labour Hasn't Been Filled
https://thewire.in/labour/pandemic-migrant-labourers-statistics
- Second Wave Stimulus: Credit Guarantees Can't Boost the Demand That Is Needed
https://thewire.in/economy/second-wave-stimulus-credit-guarantees-cant-boost-the-demand-that-is-needed
- For Urban Poor, Psychological Toll of Second Wave Outweighs Economic Shock
https://thewire.in/rights/for-urban-poor-psychological-toll-of-second-wave-outweighs-economic-shock
- What ban? Even gold-obsessed Indians are pouring billions into crypto currency
https://theprint.in/economy/what-ban-even-gold-obsessed-indians-are-pouring-billions-into-crypto-currency/685604/
- May was bad for the Indian economy, but June is seeing recovery, data shows
https://theprint.in/economy/may-was-bad-for-the-indian-economy-but-june-is-seeing-recovery-data-shows/685606/
- Sikhs & Christians see biggest rise in dowry payment, Kerala is the worst state, study says
https://theprint.in/economy/sikhs-christians-see-biggest-rise-in-dowry-payment-kerala-is-the-worst-state-study-says/688260/
- Credit isn't enough; India needs a direct stimulus
https://www.livemint.com/opinion/online-views/our-relief-plan-ought-to-aim-directly-at-demand-11624895561853.html
- The covid package is not the demand boost we needed
https://www.livemint.com/opinion/online-views/our-fiscal-conservatism-needs-a-dose-of-realism-11624982780633.html
- Public Finance
- As pandemic situation evolves, Centre reimposes expenditure curbs for Q2
https://www.thehindubusinessline.com/economy/as-pandemic-situation-evolves-centre-reimposes-expenditure-curbs-for-q2/article35064909.ece
- Indian states need more financial support from the government: S&P
https://www.business-standard.com/article/economy-policy/indian-states-need-more-financial-support-from-the-government-s-p-121062600527_1.html
- A $27 billion pile of stressed debt looms over India's new bad bank
https://www.business-standard.com/article/economy-policy/a-27-billion-pile-of-stressed-debt-looms-over-india-s-new-bad-bank-121062800082_1.html
- New pandemic package to raise fiscal deficit by 60 bps, says report
https://www.business-standard.com/article/economy-policy/new-pandemic-package-to-raise-fiscal-deficit-by-60-bps-says-report-121062901025_1.html
- Rs 1.75 trillion disinvestment target on track, says CEA Subramanian
https://www.business-standard.com/article/economy-policy/rs-1-75-lakh-crore-disinvestment-target-on-track-chief-economic-advisor-121062801443_1.html
- India's CAD stood at 1% of GDP in Q4FY21, full year in surplus at 0.9%
https://www.business-standard.com/article/economy-policy/india-s-cad-stood-at-1-of-gdp-in-q4fy21-full-year-in-surplus-at-0-9-121063001806_1.html
- Fiscal deficit at 8.2% in April-May as tax collection rises, lockdowns ease
https://www.business-standard.com/article/economy-policy/fiscal-deficit-at-8-2-in-april-may-as-tax-collection-rises-lockdowns-ease-121063001422_1.html
- Govt disburses Rs 25.25 crore seed capital to SHGs in 1st year of PMFME
https://economictimes.indiatimes.com/news/economy/finance/govt-disburses-rs-25-25-crore-seed-capital-to-shgs-in-1st-year-of-pmfme/articleshow/83955748.cms
- FM asks ministries to surpass capex target set for FY22
https://economictimes.indiatimes.com/news/economy/policy/fm-asks-ministries-to-surpass-capex-target-set-for-fy22/articleshow/83958160.cms
- India's external debt rises to $570 billion in March
https://economictimes.indiatimes.com/news/economy/finance/indias-external-debt-rises-to-570-billion-in-march/articleshow/83991635.cms
- Tamil Nadu turns to star economists. Will it work?
https://www.livemint.com/opinion/columns/what-to-expect-of-tamil-nadu-s-new-economic-advisors-11624810516800.html
Taxation
- Sitharaman, Yellen discuss global minimum tax
https://www.thehindubusinessline.com/economy/sitharaman-yellen-discuss-global-minimum-tax/article35047536.ece
- Central excise mop-up surges over 200% in April-May
https://www.thehindubusinessline.com/economy/central-excise-mop-up-surges-over-200-in-april-may/article35084546.ece
- GST has reduced rate at which people have to pay tax: Nirmala Sitharaman
https://www.business-standard.com/article/economy-policy/gst-has-reduced-rate-at-which-people-have-to-pay-tax-nirmala-sitharaman-121063000698_1.html
- GST milestone in India's economic landscape: PM Narendra Modi
https://www.business-standard.com/article/economy-policy/gst-milestone-in-india-s-economic-landscape-pm-narendra-modi-121063001279_1.html
- Finance ministry to issue appreciation certificates to 54,439 GST payers
https://www.business-standard.com/article/economy-policy/finance-ministry-to-issue-appreciation-certificates-to-54-439-gst-payers-121070100026_1.html
- GST Council special session will be held on compensation-related issues: FM
https://www.business-standard.com/article/economy-policy/gst-council-special-session-will-be-held-on-compensation-related-issues-fm-121070101323_1.html
- Gadkari says GST was 'very essential', sees 'room for improvement'
https://www.business-standard.com/article/economy-policy/gadkari-says-gst-was-very-essential-sees-room-for-improvement-121070101422_1.html
- Enhanced GST mop-up of recent months should now be 'new normal': FM
https://www.business-standard.com/article/economy-policy/enhanced-gst-mop-up-of-recent-months-should-now-be-new-normal-fm-121070101490_1.html
- India agrees to landmark global tax framework on taxing multinationals
https://www.business-standard.com/article/finance/india-agrees-to-landmark-global-tax-framework-on-taxing-multinationals-121070200283_1.html
- GST system badly designed, executed - Tamil Nadu Finance Minister Thiaga Rajan
https://economictimes.indiatimes.com/news/economy/policy/gst-system-badly-designed-executed-tamil-nadu-finance-minister-thiaga-rajan/articleshow/83849532.cms
- GSTN enables functionality to lodge complaint of PAN misuse for GST registration
https://economictimes.indiatimes.com/news/economy/policy/gstn-enables-functionality-to-lodge-complaint-of-pan-misuse-for-gst-registration/articleshow/83994347.cms
- Companies told to pay GST on license fee for government schemes
https://economictimes.indiatimes.com/news/economy/policy/companies-told-to-pay-gst-on-license-fee-for-government-schemes/articleshow/84007884.cms
- GST Council decides extra-neutral alcohol taxation to stay with states
https://economictimes.indiatimes.com/news/economy/policy/gst-council-decides-extra-neutral-alcohol-taxation-to-stay-with-states/articleshow/84025708.cms
- Inverted duty, slabs on GST Council radar: Tarun Bajaj, Revenue Secretary
https://economictimes.indiatimes.com/news/economy/policy/inverted-duty-slabs-on-gst-council-radar-tarun-bajaj-revenue-secretary/articleshow/84054749.cms
- Centre-state imbalance is not GST Council's fault, says Haseeb Drabu
https://economictimes.indiatimes.com/news/economy/policy/centre-state-imbalance-is-not-gst-councils-fault-says-haseeb-drabu/articleshow/84057983.cms
- We should fix tax distortions to enable faster economic growth
https://www.livemint.com/opinion/columns/we-should-fix-tax-distortions-to-enable-faster-economic-growth-11624895958370.html
- Banking and Monetary policy
- Microfinance loan portfolio grows 11.9% to ₹2,59,377 cr as on March-end: MFIN
https://www.thehindubusinessline.com/economy/microfinance-loan-portfolio-grows-119-to-259377-cr-as-on-march-end-mfin/article35051156.ece
- Parliamentary panel to study bank mergers and recapitalisation schemes
https://www.thehindubusinessline.com/economy/policy/parliamentary-panel-to-study-bank-mergers-and-recapitalisation-schemes/article35083062.ece
- NBFC-MFIs: Sector sees nearly 25% decline in FY21
https://www.thehindubusinessline.com/economy/nbfc-mfis-sector-sees-nearly-25-decline-in-fy21/article35060797.ece
- No change in interest rate on small savings schemes
https://www.thehindubusinessline.com/economy/no-change-in-interest-rate-on-small-savings-schemes-for-july-sept-quarter/article35066724.ece
- Experts doubt India's new loan guarantees will boost economic growth
https://www.business-standard.com/article/economy-policy/experts-doubt-india-s-new-loan-guarantees-will-boost-economic-growth-121062801350_1.html
- Reserve Bank of India: The real hero of the 1991 economic reforms
https://www.business-standard.com/article/economy-policy/reserve-bank-of-india-the-real-hero-of-the-1991-economic-reforms-121070100027_1.html
- Broad categories register 'medium' risks for financial system: RBI survey
https://www.business-standard.com/article/economy-policy/broad-categories-register-medium-risks-for-financial-system-rbi-survey-121070101609_1.html
- Second Covid-19 wave sharply hit consumer credit demand: RBI FSR
https://www.business-standard.com/article/economy-policy/second-covid-19-wave-sharply-hit-consumer-credit-demand-rbi-fsr-121070101631_1.html
- Non-food bank credit grows at 5.9% in May: RBI data
https://economictimes.indiatimes.com/news/economy/finance/non-food-bank-credit-grows-at-5-9-in-may-rbi-data/articleshow/83995034.cms
- Gross NPAs of banks may rise to 9.8% by March 2022, RBI report shows
https://theprint.in/economy/gross-npas-of-banks-may-rise-to-9-8-by-march-2022-rbi-report-shows/688308/
- India needs to tweak its credit-based stimulus
https://www.livemint.com/opinion/online-views/the-government-s-credit-based-stimulus-may-need-some-tweaks-11624983656684.html
- External Sector
- No conflict of interest in pushing FDI while promoting ‘Atmanirbhar Bharat’: CEA
https://www.thehindubusinessline.com/economy/no-conflict-of-interest-in-pushing-fdi-while-promoting-atmanirbhar-bharat-cea/article35040760.ece
- Five reasons why India needs to add to record forex pile
https://economictimes.indiatimes.com/news/economy/indicators/five-reasons-why-india-needs-to-add-to-record-forex-pile/articleshow/84054476.cms
- China is now second largest export partner of India
https://economictimes.indiatimes.com/news/economy/foreign-trade/china-is-now-second-largest-export-partner-of-india/articleshow/83851116.cms
- Gold imports jump multi-fold to USD 6.91 billion in April-May on low base effect
https://economictimes.indiatimes.com/news/economy/foreign-trade/gold-imports-jump-multi-fold-to-usd-6-91-billion-in-april-may-on-low-base-effect/articleshow/83889951.cms
- $400 bn export target ambitious but achievable, needs aggressive marketing: FIEO
https://economictimes.indiatimes.com/news/economy/foreign-trade/400-bn-export-target-ambitious-but-achievable-needs-aggressive-marketing-fieo/articleshow/83924231.cms
- India, China, 50 others to float food security proposal at WTO
https://economictimes.indiatimes.com/news/economy/foreign-trade/india-china-50-others-to-float-food-security-proposal-at-wto/articleshow/83931913.cms
- India's tea exports may fall this year due to stiff competition from Africa
https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-tea-exports-may-fall-this-year-due-to-stiff-competition-from-africa/articleshow/83946599.cms
- RBI extends interest subsidy scheme for exporters till September
https://economictimes.indiatimes.com/news/economy/foreign-trade/rbi-extends-interest-subsidy-scheme-for-exporters-till-september/articleshow/84039262.cms
- Foreign exchange reserves up USD 99.2 billion in FY 2020-21: RBI data
https://economictimes.indiatimes.com/news/economy/finance/foreign-exchange-reserves-up-usd-99-2-billion-in-fy-2020-21-rbi-data/articleshow/83991151.cms
- Our record forex reserves must be seen in the right perspective
https://www.livemint.com/opinion/columns/our-record-forex-reserves-must-be-seen-in-the-right-perspective-11624808903147.html
- Agriculture and Rural Economy
- Erratic monsoon affects Kharif sowing
https://www.thehindubusinessline.com/economy/agri-business/erratic-monsoon-affects-kharif-sowing/article35082569.ece
- Tea Board fixes price of green leaf at ₹16.74/kg in July, the lowest in a year
https://www.thehindubusinessline.com/economy/agri-business/tea-board-fixes-price-of-green-leaf-at-1674kg-in-july-the-lowest-in-a-year/article35076580.ece
- Second Covid wave derailed hospitality industry recovery: ICRA
https://www.business-standard.com/article/economy-policy/second-covid-wave-derailed-hospitality-industry-recovery-icra-121063001178_1.html
- Economic activities in rural India fared better in lockdown 2.0: Survey
https://www.business-standard.com/article/economy-policy/economic-activities-in-rural-india-fared-better-in-lockdown-2-0-survey-121062901031_1.html
- Climate change likely to impact agricultural productivity in Maha: Report
https://www.business-standard.com/article/economy-policy/climate-change-likely-to-impact-agricultural-productivity-in-maha-report-121063001370_1.html
- Tech to drive $30-35 bn in e-sales, farm inputs by 2025: Report
https://www.business-standard.com/article/pti-stories/tech-to-drive-30-35-bn-in-e-sales-farm-inputs-by-2025-report-121070100037_1.html
- Agri universities important for strengthening economy: Sharad Pawar
https://www.business-standard.com/article/economy-policy/agri-universities-important-for-strengthening-economy-sharad-pawar-121070101209_1.html
- MGNREGA work demand remains muted for second straight month in June
https://www.business-standard.com/article/economy-policy/mgnrega-work-demand-remains-muted-for-second-straight-month-in-june-121070101365_1.html
- Special drive launched to bring more farmers under PM crop cover scheme
https://www.business-standard.com/article/economy-policy/special-drive-launched-to-bring-more-farmers-under-pm-crop-cover-scheme-121070101624_1.html
- Industry, Manufacturing, Services and Technology
- Manufacturing PMI dipped to 48.1 in June, contraction for the first time after July 2020
https://www.thehindubusinessline.com/economy/manufacturing-pmi-dipped-to-481-in-june-contraction-for-first-time-after-july20/article35071122.ece
- Auto sales revv up in June as States unlock
https://www.thehindubusinessline.com/economy/auto-companies-report-multi-fold-jump-in-sales-in-june-on-monthly-basis/article35073230.ece
- Core sector output rises 16.8% in May
https://www.thehindubusinessline.com/economy/core-sector-output-rises-168-in-may/article35059743.ece
- India's crude steel output grows 46.9% to 9.2 mn tonnes in May: Report
https://www.business-standard.com/article/economy-policy/india-s-crude-steel-output-grows-46-9-to-9-2-mn-tonnes-in-may-report-121062700277_1.html
- India's coal import rises 30% to 22 million tonnes in April
https://www.business-standard.com/article/economy-policy/india-s-coal-import-rises-30-to-22-million-tonnes-in-april-121062700224_1.html
- 478 infrastructure projects show cost overruns worth Rs 4.4 trillion
https://www.business-standard.com/article/economy-policy/478-infrastructure-projects-show-cost-overruns-worth-rs-4-4-trillion-121062700179_1.html
- Some states fear proposed e-commerce rules will hurt jobs, MSME: Report
https://www.business-standard.com/article/economy-policy/some-states-fear-proposed-e-commerce-rules-will-hurt-jobs-msme-report-121062700144_1.html
- Retail inflation for industrial workers rises marginally to 5.24 pc in May
https://www.business-standard.com/article/economy-policy/retail-inflation-for-industrial-workers-rises-marginally-to-5-24-pc-in-may-121063001893_1.html
- Cabinet okays PPP mode of BharatNet implementation in 16 states
https://www.business-standard.com/article/economy-policy/cabinet-okays-ppp-mode-of-bharatnet-implementation-in-16-states-121063001324_1.html
- Credit growth to industry remained in negative zone during 2020-21: RBI
https://economictimes.indiatimes.com/news/economy/finance/personal-loans-grow-13-5-pc-in-march-2021-rbi/articleshow/83958874.cms
- Columns by Paul Krugman/ Joseph Stiglitz
- Opinion | Only the Incompetent Need Apply
https://www.nytimes.com/2021/07/01/opinion/republicans-incompetence.html
- Opinion | The Right Goes All In on Ignorance
https://www.nytimes.com/2021/06/28/opinion/tucker-carlson-general-milley-republicans.html
- Opinion | Wonking Out: What New York Could Learn From Utica
https://www.nytimes.com/2021/06/25/opinion/new-york-real-estate.html
- Opinion | Economics in a Post-Truth Nation
https://www.nytimes.com/2021/06/24/opinion/economy-truth-republicans.html
- Other Articles/ Columns
- How has the Covid-19 crisis affected the urban poor? Findings from a phone survey – III
https://www.ideasforindia.in/topics/poverty-inequality/how-has-the-covid-19-crisis-affected-the-urban-poor-findings-from-a-phone-survey-iii.html
- How dowry influences household decisions in rural India
https://www.ideasforindia.in/topics/social-identity/how-dowry-influences-household-decisions-in-rural-india.html
- Evolution of dowry in rural India: Evidence from 1960-2008
https://www.ideasforindia.in/topics/social-identity/evolution-of-dowry-in-rural-india-evidence-from-1960-2008.html
- India’s ‘missing girls’: Women’s education and declining child sex-ratios
https://www.ideasforindia.in/topics/social-identity/india-s-missing-girls-women-s-education-and-declining-child-sex-ratios.html
- Covid-19: Does obesity play a role?
https://www.ideasforindia.in/topics/human-development/covid-19-does-obesity-play-a-role.html
- India's Inequality Problem
https://www.theindiaforum.in/article/does-india-have-inequality-problem
- The Right Advice for the Pandemic Recovery
https://www.project-syndicate.org/commentary/fiscal-policy-coordination-pandemic-recovery-by-koichi-hamada-2021-07?a_la=english&a_d=60dde8670b58dda20f61bbf9&a_m=&a_a=click&a_s=&a_p=%2Fsection%2Feconomics&a_li=fiscal-policy-coordination-pandemic-recovery-by-koichi-hamada-2021-07&a_pa=section-commentaries&a_ps=&a_ms=&a_r=
- The Looming Stagflationary Debt Crisis
https://www.project-syndicate.org/commentary/stagflation-debt-crisis-2020s-by-nouriel-roubini-2021-06?a_la=english&a_d=60dc72b0e714ff61f7bcf072&a_m=&a_a=click&a_s=&a_p=%2Fsection%2Feconomics&a_li=stagflation-debt-crisis-2020s-by-nouriel-roubini-2021-06&a_pa=section-commentaries&a_ps=&a_ms=&a_r=
- The international role of the euro
https://www.economist.com/finance-and-economics/2021/06/24/the-international-role-of-the-euro
- A new phase in the financial cycle
https://www.economist.com/finance-and-economics/2021/06/24/a-new-phase-in-the-financial-cycle
- Economics needs to evolve
https://www.economist.com/finance-and-economics/2021/06/24/economics-needs-to-evolve
- How to assess the costs and benefits of lockdowns
https://www.economist.com/finance-and-economics/2021/07/01/how-to-assess-the-costs-and-benefits-of-lockdowns
- Does America’s hot housing market still need propping up?
https://www.economist.com/finance-and-economics/2021/07/01/does-americas-hot-housing-market-still-need-propping-up
- Stubborn optimism about China’s economy after a decade on the ground
https://www.economist.com/finance-and-economics/2021/07/03/stubborn-optimism-about-chinas-economy-after-a-decade-on-the-ground
Print Sources: The Hindu, Business Line, Business Standard, Economic Times, Indian Express
Online: Livemint, Scroll.in, The Wire, The Print, The India Forum, Newyork Times, Ideas for India,
Journals: Economic and Political Weekly, The Economist, Project Syndicate