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More »- There are four parts to the public health response to an epidemic: 1) Trace, 2) Test, 3) Isolate, and 3) Treat. Once someone is infected, tracing involves identifying, listing and following up with all the people who have come in contact with the infected person to ensure that they do ...
Applicability of the IBC to public sector enterprises: The case of Hindustan Antibiotics Ltd
03/07/2020
(Co-authored with Sudipto Banerjee and Karthik Suresh)
Since the enactment of the Insolvency and Bankruptcy Code (IBC) in 2016, the National Companies Law Tribunal (NCLT) has been admitting insolvency cases against public sector enterprises (for example, the Tamil Nadu Generation and Distribution Co. Ltd., the Northern Power Distribution Co ...
The myth of India’s import dependence
03/07/2020
In the wake of the growing military tension on the India-China border, there have been calls for boycott of Chinese products. These have little impact on strategic reality. Equally, the plea that India cannot afford to do without Chinese imports is not a truism.
If bilateral tensions escalate, then ...
Does India’s current system of fiscal transfers undermine the spirit of co-operative federalism?
01/07/2020
(Co-authored with Atul Sarma)
To contain the spread of the coronavirus pandemic, the government imposed a nationwide lockdown starting from March 25. As all economic activity came to a standstill, there was a large-scale disruption of livelihoods, accompanied by the spread of starvation and disease. A measure to address ...
Intuition, not prediction
05/06/2020
There is a difference between an estimate, a projection, and a forecast. Projections extrapolate on past trends. Forecasts are based on an economic model that uses data to forecast future economic magnitudes.
The Covid crisis makes “data driven” projections inaccurate, as the past provides zero guidance for the future ...