-The Hindu Lender sees ‘considerable downside risk’ from latest COVID wave, says may revise forecast in July The Asian Development Bank has raised its forecast for India’s growth in 2021-22 to 11%, from 8% earlier, even as it warned that failure to control the resurgence of COVID-19 cases including April’s exponential jump poses a “considerable downside risk to the recovery”. ‘Targeted containment’ In its assessment based on end-March data, the ADB cited this year’s...
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Maternity entitlements are neglected in states like Jharkhand, M.P. and U.P., reveals JABS survey (2019)
The National Food Security Act 2013 guarantees maternity benefit to the tune of Rs. 6,000/- per child by the Central Government for pregnant women and lactating mothers, barring those who are already availing such benefits while being in regular employment with the Central Government or State Governments or Public Sector Undertakings or under other laws. The NFSA 2013 also legally guarantees free meals for every pregnant woman and lactating mother...
More »The Kerala Model at the crossroads -Subin Dennis
-The Hindu The role of planning and social oversight in the economic development of the State needs to expand further Will the CPI(M)-led Left Democratic Front (LDF) be re-elected in the upcoming polls in Kerala, or will the Congress-led United Democratic Front (UDF) return to lead the government? The election results will have a major bearing on the path of development that the State would take in the coming years. While Kerala’s achievements...
More »GST mop-up hits a record in March -Vikas Dhoot
-The Hindu The indirect tax collections were 27% higher than that in March 2020. The gross GST collections in March hit a record of ₹1,23,902 crore, the Union Finance Ministry said on Thursday. This is the sixth month in a row that GST revenues have remained above ₹1 lakh crore. “The GST collections for March have created a record; it has never been so high. We have crossed the record collections by a...
More »China may have become more prosperous in comparison to India in 2020, estimates new study
During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...
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