Mamata Banerjee was sworn in as Chief Minister of West Bengal for a third consecutive term on Wednesday, following the resounding victory of the Trinamool Congress (TMC) in the Assembly election. The TMC has won 213 seats, compared to 77 won by its principal challenger the BJP. The TMC’s 47.9% vote share is an all time high for any party, and nearly 10 percentage points more than that of the BJP. The Left-Congress alliance drew a blank, another first in the electoral history of the State. The sheen of the TMC’s astounding success has been somewhat dimmed by violence, attributed largely to its cadres, that has claimed at least 14 lives since the counting of votes on Sunday. True, TMC workers have also been killed, but as the ruling party, the onus is on it to end the violence. It is reassuring that Ms. Banerjee has promised after taking oath that ending the violence and controlling the pandemic were her priorities. She must not read this colossal mandate as a public endorsement or even

The Reserve Bank of India’s move on Wednesday to step in and join the fight against the second wave of the pandemic through the announcement of measures aimed at alleviating any financing constraint for those impacted, including the health-care sector, State governments and the public, is a welcome and timely intervention. The furious pace at which new COVID-19 infections and fatalities have been mounting in recent weeks has not only overwhelmed the nation’s health infrastructure but has begun to significantly impair economic activity, just as the economy appeared to have turned the corner from last year’s debilitating contraction. “The fresh crisis is still unfolding,” Governor Shaktikanta Das said in his unscheduled address, acknowledging the challenge ahead. Stressing that it is imperative to both save lives and restore livelihoods, Mr. Das proposed a calibrated response, mooting a ₹50,000 crore term liquidity facility to boost credit availability for ramping up COVID-related

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