COVID-19: Challenges Before the G20 Trade Ministers

By Biswajit Dhar | Briefing Paper # 35 | April 5, 2020

Trade Ministers from G20 countries met on 30th March, days after the heads of states and governments of the major economies for an Extraordinary Summit meeting, to take a coordinated stand in response to the COVID-19 pandemic. In these extraordinary times, the Trade Ministers agreed that the “international community to step up cooperation and…

Coronavirus Triggers Large Capital Outflows from India

By Kavaljit Singh | Policy Brief # 6 | April 3, 2020

In March 2020, foreign investors pulled out a record Rs.1182 billion (US$16 bn) from the Indian financial markets as the spread of coronavirus (COVID-19) pandemic triggered panic selling across all emerging markets. As per official data released by the National Securities Depository Limited (NSDL), foreign portfolio investors (FPIs) and foreign institutional investors (FIIs) together…

An Open Letter to Gilead Demanding Affordability and Access to Remdesivir

By CSOs | Letter | March 30, 2020

In an open letter to Daniel O’Day, Chief Executive Officer of Gilead Science, more than 150 organisations (including Madhyam) and individuals have urged the US biotechnology company not to enforce exclusivity over remdesivir, an experimental drug seen as a potential treatment for COVID-19 patients. The clinical trials for remdesivir are underway in China and…

G20 Leaders’ Commitments Fall Far Short of Expectations

By Kavaljit Singh | Policy Brief # 5 | March 27, 2020

The first-ever extraordinary virtual G20 leaders’ summit took place on March 26, 2020. The Summit was convened by Saudi Arabia, the current G20 chair, to develop collective global solutions in the fight against the coronavirus (COVID-19) pandemic. Singularly focused on the need to develop a global response to the pandemic, the Summit did not…

How India Should Handle the COVID-19 Pandemic

By Biswajit Dhar | Commentary | March 26, 2020

In the face of mounting COVID-19 cases in the country, the central and most state governments have acted with alacrity and a sense of purpose to ensure that the rapid spread of the deadly virus can be controlled. The central government has taken a string of proactive measures ranging from the screening of potential…