-The New Indian Express Budget 2021-22: Rising poverty, falling health parameters, worsening educational outcomes, inadequate housing and widespread unemployment are the biggest challenges facing the Indian Economy. MYSURU: From a distance, a house at Harthale, Nanjangud, looks like any other in the locality. But you step inside, and you will find recycled wooden windows and doors procured from demolished buildings, broken ceramics for surface, mud concrete blocks made out of building waste,...
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The post-Covid priority: Budget needs to ramp up spending on health and education -S Mahendra Dev
-The Indian Express Budget needs to ramp up spending on health and education. Pandemic has enhanced inequalities, shown up absence of safety nets. India is committed to achieving the Sustainable Development Goals (SDGs) by 2030, and social sector development is important in reaching them. Progress in this sector has intrinsic (for its own sake) and instrumental (for higher growth) value. It is needed even to build a $5 trillion Economy faster. Inequalities...
More »Seven key takeaways from India’s latest GDP data -Udit Misra
-The Indian Express India’s GDP 2020-21: This year, India’s per capita GDP, per capita private consumption and the level of investments in the Economy — all will fall to levels last seen in 2016-17 or earlier, reveals latest official GDP data. On Thursday, the Ministry of Statistics and Programme Implementation released the First Advance Estimates (FAE) for the current financial year. According to MoSPI, India’s gross domestic product (GDP) — the total...
More »WTO urges India to reduce tariffs -Asit Ranjan Mishra
-Livemint.com * Frequent policy changes create uncertainty, says report * India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1% India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using trade policy measures to encourage domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest...
More »Covid effect: 8.4 lakh migrants back in Kerala from abroad, 5.5 lakh lost their jobs -Shaju Philip
-The Indian Express With the figures indicating that the job crisis triggered by Covid-19 continues, Kerala Economy may be facing long-term impact, with remittances from abroad, mainly West Asia, its lifeline. Thiruvananthapuram: AMIDST the Covid-19 pandemic-induced economic crisis, 5.52 lakh people who have returned to Kerala from abroad since May last year have given loss of jobs as reason, according to government data. As per figures compiled by the Department of Non-Resident Keralites...
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