-The Indian Express Latest RBI bulletin projects contraction for a second consecutive quarter, which means the economy is in a ‘technical recession’. What does it mean, and how is it different from a ‘recession’ and a ‘recessionary phase’? In its latest monthly bulletin — for November — the Reserve Bank of India has dedicated a chapter on the “State of the economy”. The idea is to provide a monthly snapshot of some...
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After Sikkim, Lakshadweep set to turn 100% organic -Vineet Kumar
-Down to Earth The use of synthetic chemicals for agriculture was halted completely in 2005 by the Union territory Lakshadweep, after Sikkim, is on its way to become 100 per cent organic. The Union territory’s agriculture department had submitted a proposal to the Union Ministry of Agriculture and Farmers’ Welfare, seeking to declare its entire 32 square kilometre geographical land area as organic. The proposal was approved October 26, 2020 after receiving required certifications...
More »Tech Platforms Feel the Heat -CP Chandrasekhar
-NetworkIdeas.org In a move that was expected, the US Justice Department has filed an anti-trust lawsuit against internet search giant Google, alleging that it resorts to anti-competitive practices to ensure its dominance in the search engine space and, through that, over the related online advertising revenues. As a leading example the case cites the successful effort to exclude the competition through a deal, in place since 2005, in which Google pays...
More »Dhanbad cracks down: FIRs filed against 105, report says should probe phone records -Abhishek Angad
-The Indian Express The report, prepared by a probe team led by the Additional District Magistrate (Law and Order), calls for further investigation of Call Detail Records (CDRs) of key suspects and their connections. Ranchi: Moving in to probe the scholarship scam, the district administration of Dhanbad in Jharkhand has filed FIRs against 105 people, including middlemen and local officials, based on the findings of an investigation by The Indian Express into...
More »Employment, finally an election issue -Santosh Mehrotra and JK Parida
-The Hindu Several myths persist about job creation, which can MISguide policymaking Jobs are rarely far from the minds of citizenry. Politicians woke up to this fact in the run-up to the Bihar Assembly elections. It is for the first time that unemployment has become a big issue in an election. This is not surprising. Rising unemployment The economy had been slowing for nine quarters prior to the COVID-19 outbreak. Before the 2019 Lok...
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