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Role of collective organisations during economic crises -Indranil De, Mubashshir Iqbal and Rooba Hasan

-The Hindu Business Line The government, market and collectives should have worked in tandem to develop resilience of economic institutions during the slowdown in India The sharp downfall in the economic growth rate could be attributable to a lack of resilience of Indian economy. Only fiscal and monetary policies may not halt the downfall of the economy. Collective organisations, including NGOs, have played an important role in consumption and income-smoothing. The downfall...

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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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The dispensable India: Data shows how DNTs, Adivasis, Dalits, Muslims bore lockdown brunt -Anusha Chandrasekharan

-Down to Earth These communities have suffered on most social indicators due to a mix of poor logistics as well as prejudice and ostracisation   Dalit, Muslim and Adivasi households and neighbourhoods have suffered terribly in the aftermath of the novel coronavirus disease (COVID-19) pandemic in the months following the declaration of the countrywide lockdown, data collected by a group of civil society organisations has showed. These communities were not able to avail...

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India’s GDP growth contracts 23.9%: What is the economics behind the math? -Udit Misra and Nushaiba Iqbal

-The Indian Express India GDP Q1 Data: Demand from individual citizens and private businesses plummeted in Q1, increase in government’s demand made up for just 6% of this fall Although most people expected India’s GDP to show substantial contraction when the Ministry of Statistics and Programme Implementation (MoSPI) released the data for the first quarter (April, May, June) of the current financial year on Monday, the broad consensus was that the decline...

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What Vahan data tells us about India’s economic recovery -howindialives

-Livemint.com Barring sales of second-hand vehicles and new tractors, the auto industry remains badly hit. Vehicles used for transporting goods are among the worst-hit segments Will the Indian economy recover quickly from the June quarter lows? That’s the trillion dollar question facing investors today. One sector that offers vital clues in this regard is the automobile sector. Vehicle sales are among the key lead indicators of consumption and an important source of...

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