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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A guide to flattening the curve of economic chaos -Jayati Ghosh
-The Hindu Well-thought-out policies can reverse the results of incompetence; the onus is on the Centre to spend now Now it is official: India has managed to become the global leader in the number of new daily cases of COVID-19 and the worst performing of all major economies during the pandemic so far. How did we manage this double feat? Not through ‘acts of god’, but because of the incompetence and apathy...
More »Steady decline in farm sector suicides from 2016 to 2019, NCRB data shows -Deeptiman Tiwary
-The Indian Express A comparative study of data on Accidental Deaths and Suicides released by NCRB shows that suicides in the agriculture sector have declined by 10% — from 11,379 in 2016 to 10,281 in 2019. Suicides in the farm sector have steadily declined over four years, according to the latest data released by the National Crime Records Bureau (NCRB). A comparative study of data on Accidental Deaths and Suicides released by NCRB...
More »India must aim for wider consumer base, direct public spending accordingly -Suvodeep Rakshit and Avijit Puri
-The Indian Express To achieve economic growth of 7-8 per cent, the government needs to start addressing some of the traditional sore points such as the large infrastructure deficit, the weak financial sector, archaic land and labour laws, and the administrative and judicial hurdles. India entered the pandemic with declining growth and limited scope for a conventional and large fiscal stimulus. We had noted in an article (IE, January 20, ‘Limited scope...
More »Activists Oppose 10-day Public Consultations on Mining Reform, Seek Extension -Abir Dasgupta
-Newsclick.in Members of civil society and concerned activists have condemned a proposal for mining reforms issued by the Ministry of Mines. The notice that was made public on August 24 proposing substantive changes to mineral laws, rules, and regulations, is seeking public comments within a period of 10 days. Bengaluru: On August 24, the Union Ministry of Mines posted on its website a “note on proposal for Mining Reforms”. The note detailing...
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