-The Hindu Centre for Politics and Public Policy The Covid-19 pandemic has highlighted the persistent digital divide afflicting rural India owing to poor and insufficient internet connectivity. With the Prime Minister’s Independence Day speech acknowledging the need ‘to complete’ internet connectivity to villages, there is a renewed vigour and interest in the National Optic Fibre Network (NOFN)/BharatNet project. An important question to pose when translating policy to project is: when should...
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Govt blames Covid, but payment stalled year ago -Aanchal Magazine
-The Indian Express The economic slowdown, which has been underway for almost three years now, began to adversely impact GST revenue collections in August last year. While the Centre Thursday chose to pin much of the blame for the delays on GST compensation payments to the slowdown inflicted by the pandemic, the delays preceded the Covid-19 shock by almost a year – when payments due for August-September 2019 got delayed. Since then,...
More »India’s descent into stepwells of growth -Kaushik Basu
-Livemint.com * Poor handling of the pandemic threatens to derail our competitive advantage in the global economy * India’s economy is well-positioned in IT and outsourcing; health and pharma; and higher education and research, which are sectors expected to be leading drivers of global growth NEW YORK: India’s economy is in a downward spiral. The Economist Intelligence Unit just lowered the forecast for India’s growth in the coming year from -5.8% to -8.5%....
More »RBI may not extend moratorium on repayment of loans beyond Aug 31: Report
-Business Standard The six-month moratorium period comes to an end on August 31 The Reserve Bank is unlikely to extend the moratorium on repayment of bank loans beyond August 31 as an extension could impact the credit behaviour of borrowers without resolving the issues being faced by them following the outbreak of the Covid-19, sources said. The RBI had announced a moratorium on repayment of debt for six months beginning March 1, 2020...
More »Soaring Pulses: Is the Spike in Retail Price of Moong in 2020 a Cause for Concern? -Aditya KS, Girish K. Jha and Praveen KV
-TheWire.in An increase in prices of pulses affects consumption and has ramifications for food and nutritional security. In April 2020, the retail prices of Moong and Urad increased by 25% and 11% compared to their five-year monthly average prices. Also, the retail prices of Moong in 2020 have consistently remained 25% more than the monthly five-year average prices for the period of March to July. An increase in prices of pulses affects consumption and...
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