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Retail inflation eased to 5.6% in July

-The Hindu Industrial output growth halves from 28.6% in May to 13.6% in June Retail inflation cooled slightly to 5.6% in July, slipping below the central bank’s upper tolerance threshold of 6% for the first time in three months, even as industrial output growth halved from 28.6% in May to 13.6% in June, as base effects from the national lockdown of 2020 begin to fade. Food prices at the consumer level played a...

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India Can't Keep Citing the Pandemic to Deprive Children of Education -Ritambhara Singh and Mihir Rajamane

-TheWire.in It has already been a year and a half since the COVID-19 pandemic has disrupted education. It is high time that governments come up with innovative solutions to deal with the emerging situation. July 31, 2021 marked the first anniversary of the National Education Policy 2020. This year also marks the 11th anniversary of the Right of Children to Free and Compulsory Education, 2009 (‘RTE Act’) coming into force. However, the...

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An urban jobs safety net -Rajneesh

-The Hindu It is time to formulate a wage employment-based national urban livelihood scheme similar to MGNREGS During the pandemic, we have again and again faced the difficult choice of saving lives versus protecting livelihoods. According to the World Economic Outlook report of April, 2021 of the International Monetary Fund (IMF), almost all countries, except China, experienced economic contraction last year. The global GDP shrunk by 3.3%. The contraction in the U.S.,...

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Official data corroborates deepening of livelihood crisis in urban areas during the 2020 nationwide lockdown

The recently released quarterly Periodic Labour Force Survey (PLFS) data broadly confirms the dip in employment and jobs during the countrywide lockdown period, followed by a certain degree of recovery in the post-lockdown months last year as have been indicated by various survey-based studies and research papers. The quarterly bulletin on PLFS provides data on key employment and unemployment indicators i.e. Unemployment Rate (UR), Worker Population Ratio (WPR) and Labour...

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Can govt’s targeted welfare override inflation concern? -Roshan Kishore

-Hindustan Times The budgetary allocations for Ujjwala, which is listed as money for “LPG connections to the poor” in the ministry of petroleum’s budget, was just ₹21,365.81 crore between 2016-17 and 2020-21. With the Prime Minister launching the second module of the Ujjwala Yojana from Mahoba, Uttar Pradesh, the Bharatiya Janata Party (BJP) has, in a way, started its election campaign for the crucial state which goes to the polls in early...

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