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Rapid economic recovery needed to overcome unemployment: scholar
The Hindu
Widening fiscal deficit a concern, says Pinaki Chakraborty
The crisis caused by COVID-19 had led to effective policy formulation and action by the Centre, State and local bodies, but rising unemployment and inflation would lead to a financial crisis which India could overcome if there was no third wave, said Dr. Pinaki Chakraborty, Director, National Institute of Public Finance and Policy, Delhi. He was speaking at the K.N. Raj Memorial Lecture on “COVID pandemic and public finance: emerging issues,” organised by the Department of Economics, Central University of Kerala. Plans to ensure subsistence were short-term measures. The solution to unemployment was a rapid recovery of the economy. If there was no third wave, India could overcome this issue, he said.![](/newspic/picid-1269750-20250217064624.jpg)
When fed into Latin, pusilla comes out denoting “very small”. The Baillon’s crake can be missed in the field, when it is at a distance, as the magnification of the human eye is woefully short of what it takes to pick up this tiny creature. The other factor is the Baillon’s crake’s predisposition to present less of itself: it moves about furtively and slides into the reeds at the slightest suspicion of being noticed. But if you are keen on observing the Baillon’s crake or the ruddy breasted crake in the field, in Chennai, this would be the best time to put in efforts towards that end. These birds live amidst reeds, the bulrushes, which are likely to lose their density now as they would shrivel and go brown, leaving wide gaps, thereby reducing the cover for these tiddly birds to stay inscrutable.