This paper examines critically the economic package announced by the Indian central government to counter the challenges of lives and livelihood in the Covid‐19 pandemic. This paper estimates the shares of the fiscal economic packages in two phases as per the shares of the vulnerable workers and number of Covid‐19 cases in the Indian states. The recent data on labour market are used from National Sample Survey Organization and data on Covid‐19 cases from Ministry of Health and Family Welfare. This paper recommends alternatively a fiscal stimulus package of Rs. 10 lakh crores (5% of GDP) with an immediate effect to counter the present problems of health, food and unemployment in the pandemic and should be extended to Rs. 24 lakh crores (12% of Indian GDP) to the Indian states for at least 1 year to protect the lives and livelihood of the most vulnerable, informal and migrant workers. The populous and poor states like Uttar Pradesh and Bihar have higher share of vulnerable workers and highly industrialized states like Maharashtra, Gujarat, Delhi and Tamil Nadu have higher number of Covid‐19 cases. Due to the unplanned lockdown in India, there has been a surge in Covid‐19 cases across the country that in turn led to an increase in vulnerable workers in poor states due to reverse migration from industrialized states to populous and poor states during the pandemic. Furthermore, the paper explains the five significant factors that justify the adoption of an expansionary fiscal policy rather than monetary policy.
This article focuses on the Global Compact for Safe, Orderly and Regular Migration (GCM), a landmark international document that builds on the momentum of a decade of initiatives at the international level on migration governance, and its impact on Asia from the perspective of South Asia, Southeast Asia, China, and South Korea. While none of these countries voted against the adoption of the GCM, there are significant differences in how individual countries approached the commitments made in the GCM. These perspectives were articulated in a webinar hosted by Metropolis Asia on 20 June 2018 and in governmental statements made at the UN international conference when the GCM was adopted. This article also discusses the challenges confronting the implementation of the GCM. While the Compact resulted from inclusive and intensive negotiations and many compromises, the road towards realizing its goals will be at least as challenging as the road that led to its adoption. In spite of these challenges, the GCM is a ground‐breaking representation of the first multilateral framework for migration governance. Its success rests upon the recognition that addressing the challenges and maximizing the benefits of migration require true international cooperation, renewed commitment and meaningful action on the commitments agreed to.
This chapter revisits the relationship between migration, health and development in the context of Global Compact for Safe, Orderly and Regular Migration (gcm) objectives interrupted by the external shock of the covid-19 pandemic. By using recent and emerging data from global sources like the United Nations (UN), World Health Organization (who) and World Bank, it looks at health indicators, migration stocks and economic development parameters in select South Asian countries, including India, over the last three decades-1990-2020. These are compared against both the world totals and those for China-the East Asian country at the epicentre of covid-19. The chapter provides background on comparative indicators of economic development in India, other major South Asian countries and China, and critically examines three issues: (a) lessons from the challenges covid-19 posed to the gcm objective of making migration 'safe, orderly and regular' (sor); (b) indicators of the relationship between migration, health and development in the context of the gcm and covid-19; and (c) challenges emerging from the dynamic relationship between migration, health and development in the covid-19 era.
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