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India’s economy in 2020: Year of many questions -Anil Sasi

-The Indian Express India's economy in 2020: As Annus Horribilis 2020 comes to an end, there are positives in the economy: signs of a GDP rebound, and buoyant equity markets. But demand is weak, receipts are down, and the employment situation is grim. All eyes are on the Budget — and on the vaccines In a little over a month, Finance Minister Nirmala Sitharaman will present what she has heralded as “a...

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India’s budget needs to address gender inequity in employment -Ashwini Deshpande

-Livemint.com The country can’t expect to be a superpower with gender disparities worsening the way they are The latest bulletins from the Centre for Monitoring Indian Economy (CMIE) present a dismal picture. The calamitous fall in employment in April 2020 was followed by a partial recovery in May and June, but the recovery tapered off by September. October and November saw declines again. This slowdown in economic activity can be seen in...

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RSS-affiliate Swadeshi Jagran Manch alleges ‘nexus’ in retail trade

-The Hindu The SJM resolution repeatedly referred to the Reliance Industries’ foray into the retail sector and warned that local kirana stores would be transformed into fulfilment centres for Jio Mart. The Swadeshi Jagran Manch (SJM) on December 13 demanded that the government not allow a “nexus” of multinational companies and large Indian business houses such as Reliance Industries to dominate the retail industry in the country as it would lead to...

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Govt needs to encourage more remunerative cropping patterns, while addressing farmer anxieties -Amitabh Kundu and Harbir Singh Sidhu

-The Indian Express Centre must make transparent efforts to push exports consistently and not follow the stop-go policy emanating from price controls for the Indian consumer market. The flashpoint between the agitating farmers and the central government is essentially rooted in the mismatch between the supply and demand for the wheat crop in India. The genesis of the current state of affairs stems from policies initiated over half a century ago when...

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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

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