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Anu Abraham
Anu Abraham is currently Assistant Professor at Narsee Monjee Institute of Management Studies (NMIMS) (deemed to be university), Mumbai. She is pursuing her Ph.D. from the Indian Institute of Technology (IIT) Madras. Her research interests include migration and remittances, labour, gender, education and human capital development, and economic and social mobility.
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Covid-19: How long can consumption be sustained in lockdown?
In May 2020, the Finance Minister announced an economic relief package totaling Rs. 20 trillion, in response to the Covid-19 crisis. However, the actual stimulus is estimated to be only 1.3% of GDP. In this post, Khan and Abraham assess the earning loss of workers during different phases of the lockdown, and contend that, even if we consider just the earning loss of workers in the informal sector, the actual stimulus in the package should have amounted to at least 3% of GDP.
