-Moneycontrol.com The sector entered the positive terrain after declining for four quarters in 2020-21. Trade, hotel, transport, communication and services related to broadcasting reported a growth in the first quarter of FY22 as per the data released by National Statistical Office (NSO). Trade, hotel, transport, communication & services related to broadcasting clocked a growth of 34.3 percent in the April-June quarter. Please click here to read more. Kindly click here to access the press note...
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Even with 20.1% GDP growth, the economy has been set back by three years -Vivek Kaul
-Livemint.com This is the highest GDP growth that India has seen since the country started reporting quarterly GDP data for the quarter ended June 1996 The gross domestic product (GDP) growth for the period April to June 2021 came in at a record 20.1%. GDP is the measure of the economic size of a country during a particular period. This is the highest growth that India has seen since the country started reporting...
More »India Inc. not sanguine about growth
-The Hindu Heads of industry do not share the optimism of the government and RBI, shows CII poll of CEOs. Indian industry does not seem to share the government and the Reserve Bank of India’s optimism about this year’s growth prospects, according to a poll of CEOs conducted by the Confederation of Indian Industry (CII). Nearly two-thirds of CEOs of large corporates polled by CII at its national council meeting earlier this month...
More »What’s behind the ‘improvement’ in employment situation in labour force survey report -PC Mohanan
-ThePrint.in The improved employment scenario as per PLFS 2019-20 is restricted to women and is due to the increased percentage of rural women in the unpaid family worker category. The National Statistical Office (NSO) has recently released the third annual report of the Periodic Labour Force Survey (PLFS) for the year 2019-20 and also the quarterly estimates for urban areas based on the panel survey of urban households till June 2020. At...
More »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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