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You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
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<p style="text-align:justify"><em>Govt must prepare for worst-case scenario as things won’t be resolved on their own</em></p>
<p style="text-align:justify">In February this year, a restaurateur friend turned optimistic. Business was back to 70 per cent of pre-Covid days and things could only get better. There could be no stronger signal that India’s economy had turned the corner. Experts had predicted that restaurants would be the last places to see a full recovery. They are closed spaces where masks have to be taken off to eat. Customers were expected to be scared of returning to this basic normal behaviour after a year of social distancing. So, if people were back, other parts of the economy would be on their road to recovery.</p>
<p style="text-align:justify">As we now know, this optimism was short-lived. Within a month, lockdowns began across major metropolises. Car sales, which had recovered in the first three months of this year, dropped sharply in April. CMIE’s jobs data tells us that about 73 lakh people lost their livelihood over the month, and because of lockdowns, the number of people actively looking for work dropped to its lowest level since May last year. CMIE’s consumer sentiments index, which had seen a steady rise from November last year, dropped below that level in early May. Less than five out of every 100 people surveyed, expected their incomes to rise this year.</p>
<p style="text-align:justify">Lockdowns shut down factories and businesses in key industrial states like Maharashtra in April and May. Fuel consumption in April dropped to its lowest level since September 2020. Railway freight slipped to below November 2020 levels. Finished steel production dropped below June 2020 output, as did steel consumption. Some of this was because of supply shortages caused by lockdowns. However, as the example of tractor sales shows demand dropped at a faster pace. CRISIL’s data says retail sales of tractors dropped by 40-45 per cent in April compared to a month earlier, but wholesale supplies to dealers dropped by only 20-25 per cent.</p>
<p style="text-align:justify">Please <a href="https://www.tribuneindia.com/news/comment/brace-up-for-recession-252971?fbclid=IwAR31xvZyhqHDZcUrq3dfJ0M3L8tWeYTFE6mtpfCnWOW9zaSuaRTBHDY6xTg#.YJ9wX6BtoYs.facebook">click here</a> to read more.</p>
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Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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LATEST NEWS UPDATES | Brace up for recession -Aunindyo Chakravarty </title>
<meta name="description" content="-The Tribune
Govt must prepare for worst-case scenario as things won’t be resolved on their own
In February this year, a restaurateur friend turned optimistic. Business was back to 70 per cent of pre-Covid days and things could only get better. There..."/>
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<meta property="og:description" content="-The Tribune
Govt must prepare for worst-case scenario as things won’t be resolved on their own
In February this year, a restaurateur friend turned optimistic. Business was back to 70 per cent of pre-Covid days and things could only get better. There..." />
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Govt must prepare for worst-case scenario as things won’t be resolved on their own
In February this year, a restaurateur friend turned optimistic. Business was back to 70 per cent of pre-Covid days and things could only get better. There could be no stronger signal...</p>
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<br><small>May 15, 2021</small>
<p style="padding-top: 6px;">-Hindustan Times
District wise data provided on the Co-WIN website, analysed by Hindustan Times, shows that doses administered in urban districts were nearly 1.7 times those in rural districts as on May 13.
The Covid-19 vaccination drive, which was opened to all adults from May 1, has...</p>
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<p style="padding-top: 6px;">-Mint Lounge
As cyclone Tauktae develops over the Arabian Sea, it is now clear that India will see more frequent cyclones every year due to global warming
It’s May, and for the second year running, a major pre-monsoon cyclone is set to make landfall in the next...</p>
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<br><small>May 14, 2021</small>
<p style="padding-top: 6px;">-Hindustan Times
The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has witnessed the sharpest year-on-year increase in employment generation in its history in April 2021, government data shows, in a sign that the second Covid wave has caused major reverse migration adding to rural economic...</p>
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<br><small>May 14, 2021</small>
<p style="padding-top: 6px;">-PTI/ NDTV.com
Prime Minister Narendra Modi urged people take precautions against the coronavirus and warned against its spread in rural areas.
New Delhi: Prime Minister Narendra Modi on Friday said the coronavirus pandemic is rapidly spreading in rural areas, as he urged citizens to take precautions, wear...</p>
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Govt must prepare for worst-case scenario as things won’t be resolved on their own
In February this year, a restaurateur friend turned optimistic. Business was back to 70 per cent of pre-Covid days and things could only get better. There could be no stronger signal...</p>
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<br><small>May 15, 2021</small>
<p style="padding-top: 6px;">-Hindustan Times
District wise data provided on the Co-WIN website, analysed by Hindustan Times, shows that doses administered in urban districts were nearly 1.7 times those in rural districts as on May 13.
The Covid-19 vaccination drive, which was opened to all adults from May 1, has...</p>
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<p style="padding-top: 6px;">-Mint Lounge
As cyclone Tauktae develops over the Arabian Sea, it is now clear that India will see more frequent cyclones every year due to global warming
It’s May, and for the second year running, a major pre-monsoon cyclone is set to make landfall in the next...</p>
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<br><small>May 14, 2021</small>
<p style="padding-top: 6px;">-Hindustan Times
The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has witnessed the sharpest year-on-year increase in employment generation in its history in April 2021, government data shows, in a sign that the second Covid wave has caused major reverse migration adding to rural economic...</p>
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<br><small>May 14, 2021</small>
<p style="padding-top: 6px;">-PTI/ NDTV.com
Prime Minister Narendra Modi urged people take precautions against the coronavirus and warned against its spread in rural areas.
New Delhi: Prime Minister Narendra Modi on Friday said the coronavirus pandemic is rapidly spreading in rural areas, as he urged citizens to take precautions, wear...</p>
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Govt must prepare for worst-case scenario as things won’t be resolved on their own
In February this year, a restaurateur friend turned optimistic. Business was back to 70 per cent of pre-Covid days and things could only get better. There could be no stronger signal...</p>
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<br><small>May 15, 2021</small>
<p style="padding-top: 6px;">-Hindustan Times
District wise data provided on the Co-WIN website, analysed by Hindustan Times, shows that doses administered in urban districts were nearly 1.7 times those in rural districts as on May 13.
The Covid-19 vaccination drive, which was opened to all adults from May 1, has...</p>
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<p style="padding-top: 6px;">-Mint Lounge
As cyclone Tauktae develops over the Arabian Sea, it is now clear that India will see more frequent cyclones every year due to global warming
It’s May, and for the second year running, a major pre-monsoon cyclone is set to make landfall in the next...</p>
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<br><small>May 14, 2021</small>
<p style="padding-top: 6px;">-Hindustan Times
The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has witnessed the sharpest year-on-year increase in employment generation in its history in April 2021, government data shows, in a sign that the second Covid wave has caused major reverse migration adding to rural economic...</p>
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<br><small>May 14, 2021</small>
<p style="padding-top: 6px;">-PTI/ NDTV.com
Prime Minister Narendra Modi urged people take precautions against the coronavirus and warned against its spread in rural areas.
New Delhi: Prime Minister Narendra Modi on Friday said the coronavirus pandemic is rapidly spreading in rural areas, as he urged citizens to take precautions, wear...</p>
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LATEST NEWS UPDATES | Brace up for recession -Aunindyo Chakravarty
-The Tribune
Govt must prepare for worst-case scenario as things won’t be resolved on their own
In February this year, a restaurateur friend turned optimistic. Business was back to 70 per cent of pre-Covid days and things could only get better. There could be no stronger signal...
-Hindustan Times
District wise data provided on the Co-WIN website, analysed by Hindustan Times, shows that doses administered in urban districts were nearly 1.7 times those in rural districts as on May 13.
The Covid-19 vaccination drive, which was opened to all adults from May 1, has...
-Mint Lounge
As cyclone Tauktae develops over the Arabian Sea, it is now clear that India will see more frequent cyclones every year due to global warming
It’s May, and for the second year running, a major pre-monsoon cyclone is set to make landfall in the next...
-Hindustan Times
The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has witnessed the sharpest year-on-year increase in employment generation in its history in April 2021, government data shows, in a sign that the second Covid wave has caused major reverse migration adding to rural economic...
-PTI/ NDTV.com
Prime Minister Narendra Modi urged people take precautions against the coronavirus and warned against its spread in rural areas.
New Delhi: Prime Minister Narendra Modi on Friday said the coronavirus pandemic is rapidly spreading in rural areas, as he urged citizens to take precautions, wear...
