What does this drastic contraction of the economy mean for India’s labouring poor? More so, when the Finance Minister terms this as an ‘act of God’, and the government engages in a political witch-hunt of those critical of the current regime.
The sixth edition of the Pandemic and Equity Webinar Series, conducted by the Centre for Equity Studies in collaboration with Rosa Luxemburg Stiftung on health, labour and economy, discusses India’s GDP, which contracted by 23.9% in Q1 of 2020-21, without including the informal sector. What does this drastic contraction of the economy mean for India’s labouring poor? More so, when the Finance Minister terms this as an ‘act of God’, and the government engages in a political witch-hunt of those critical of the current regime.