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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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Time poverty is making Indian women lose more money than ever -Jayati Ghosh

-ThePrint.in In ‘Labouring women’, economist Jayati Ghosh writes about what Indian policymakers are getting wrong in their measure of poverty. Among the various aspects of deprivation related to poverty and inequality, one aspect which has seldom attracted the attention of scholars and policy-makers equally is that of time poverty. Ignoring this important dimension actually results from a related and possibly more substantive deficiency: the inadequate conception of what constitutes work that underlies...

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In Dumka’s remote areas, mohalla schools for students -Abhishek Angad

-The Indian Express With social distancing, masks, loudspeakers, blackboards, and a few volunteers, teachers in various Dumka villages have ensured that their students' studies do not suffer using these 'mohalla classes'. Every morning, Shailen Tudu (12) sits by his house near a painted blackboard and solves the maths problems he is given using a chalk. His principal Sapan Kumar stands at a little distance to oversee his work, and issues instructions using...

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Compared to other South Asian countries, India fares poorly in terms of food and nutrition security, indicates SOFI 2020 report

In his Mann ki Baat speech delivered on 30th August, 2020, Prime Minister Shri Narendra Modi said that the month of September 2020 will be observed as Nutrition Month (POSHAN Maah) in the entire nation. In his address to the nation on that day, he highlighted that for children to be well-nourished, the mother should receive proper and adequate nutrition. In this context, it is important to discuss the 11 different...

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Job losses among SCs were three times higher than for upper castes: Economist Ashwini Deshpande -Shreehari Paliath

-India Spend/ Scroll.in Reservations are not the answer to every social and economic problem. More needs to be done to provide safety nets to vulnerable groups. About 10 crore to 12 crore Indians lost their jobs in the immediate aftermath of the countrywide lockdown to contain the spread of Covid-19, IndiaSpend reported in April. But the lockdown has impacted the disadvantaged caste groups with a far greater magnitude than the upper castes, found...

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