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LATEST NEWS UPDATES | India’s economy in 2020: Year of many questions -Anil Sasi

LATEST NEWS UPDATES

India’s economy in 2020: Year of many questions -Anil Sasi


December 29, 2020

-The Indian Express India's economy in 2020: As Annus Horribilis 2020 comes to an end, there are positives in the economy: signs of a GDP rebound, and buoyant equity markets. But demand is weak, receipts are down, and the employment situation is grim. All eyes are...

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2020: A year of strange weather events -Abhishek Jha
December 29, 2020

-Hindustan Times Floods, cyclones, colder winter, unexpected rains, India has seen them all. 2020 has been strange and difficult in so many ways that it seems almost criminal to add one more to the mix — the weather. Floods, cyclones, colder winter, unexpected rains, India has seen...

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Unprecedented rise in China’s ‘market-subverting’ impact on global economy going forward: Niti Aayog -Roshan Kishore
December 29, 2020

-Hindustan Times The note, which has been reviewed by HT, paints a grim picture of the global economy going forward, does not rule out something like the Great Depression of the 1930s, and sees a rise in poverty, unemployment and debt. The Covid-19 pandemic will transform the...

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What made Centre change its approach from incentivising states to forcing down reforms? -Harish Damodaran
December 29, 2020

-The Indian Express The Centre is within its rights to enact laws promoting barrier-free trade of farm produce (inter- as well as intra-state) and also dismantling stockholding restrictions. But that can be only after the farmer has sold. In November 2019, the Fifteenth Finance Commission submitted its...

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Finance Ministry Had Endorsed Mandi Tax, Which BJP Is Criticising to Counter Protests -Dheeraj Mishra
December 28, 2020

-TheWire.in The finance ministry had said, "Market fee is not a tax and the concerned APMC provides facilities in mandis in exchange for the amount." New Delhi: Amid the raging protests against the disputed agrarian laws passed by the Centre, a far more widespread and deeper controversy...

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