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New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade

Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....

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Delhi HC grants bail to Pinjra Tod member Devangana Kalita

-The Hindu/ PTI The Delhi High Court on Tuesday granted bail to a member of Pinjra Tod, a women’s collective, in a case related to the communal violence in northeast Delhi during protests against the Citizenship Amendment Act in February. Justice Suresh Kumar Kait gave the relief to JNU student Devangana Kalita on furnishing of a personal bond of ₹25,000 and a surety of the like amount. The court directed that she shall...

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Economists’ and Social Scientists’ Statement on Necessary Delinking of NPR and Census 2021

-Networkideas.org We are economists and social scientists who are deeply concerned about the major implications for the Indian statistical system, of the attempt to combine data collection for the 2021 Census of India with that for the proposed National Population Register. The Census of India, which provides a basic household and population listing based on anonymous data, is an essential requirement for the country and provides the statistical basis for all assessments...

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India is a country with pervasive inequality, pockets of deep deprivations and vulnerable populations -Shoko Noda

-The Indian Express The 2019 Human Development Report points to the limits of economic growth in lifting all boats. It also offers a way forward. Grappling with Delhi’s poor air quality for these last couple of months, I have become aware of a stark difference in the way I cope with air pollution, and the way many others do not — because they cannot. Despite the growing evidence detailing the catastrophic impact...

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The curious case of a consumption decline

-Livemint.com A leaked NSO survey report says that expenditure by consumers across India actually fell over a six-year span till 2017-18. This is at odds with our GDP data. So what explains this finding? Is Indian consumption in decline? Anecdotal evidence has pointed that way for some time. But now, a leaked survey report of the National Statistical Office (NSO), published on Friday in Business Standard, seems to confirm suspicions of such...

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