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GDP shrinks by 7.3%; Q4 uptick moderates 2020-21 carnage -Vikas Dhoot

-The Hindu On inflation, the Chief Economic Adviser said it is expected to be range-bound and should not exceed the prescribed level. India's Gross Domestic Product (GDP) contracted by 7.3% in 2020-21, as per provisional National Income estimates released by the National Statistical Office on Monday, marginally better than the 8% contraction in the economy projected earlier. GDP growth in 2019-20, prior to the COVID-19 pandemic, was 4%. The Gross Value Added (GVA)...

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Why India Needs Village-Level Data To Target Malnutrition In Children -Archita Raghu

-IndiaSpend.com Where are nutrition programmes failing and why? To accurately understand this and for ideas on how to efficiently target the crisis of malnutrition among Indian children, it is necessary to collect and use data from villages, says a new study Mumbai: India must incorporate village-level data in its policies on child malnutrition to target beneficiaries and their specific needs more effectively, says a new study that analysed data across 597,121 census...

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The Proposal for a Minimum Global Corporate Tax Rate -Prabhat Patnaik

-NetworkIdeas.org Following its $1.9 trillion Covid-relief package, the Biden administration has further announced an infrastructure package of $2.3 trillion. But in contrast to the former which is to be spent within months, the latter is to be spent over an eight-year period. And this package in turn is to be followed by a “human infrastructure” package. All this adds up to a massive stimulus for the economy as well as a...

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Ripples from Cyclone Yaas and surging tides devastate the Sunderbans -Shiv Sahay Singh

-The Hindu Unprecedented damage calls for policies geared to climate change For people in the ecologically fragile Sunderbans, life revolves around battling high tides daily and cyclones regularly. But every cyclone throws up new challenges to the Sunderbans and its inhabitants — something the people had not imagined, and policy makers are not prepared for. Over just the past three years, the Sunderbans, which is home to close to five million people, has...

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Rising prices are singeing Covid-battered India, Madame Finance Minister

-The New Indian Express An analysis by The New Indian Express shows that it is not just petrol and diesel prices that are scalding you. Prices of edible oil, tea, and pulses have seen a double-digit growth in the last year. When the April 2021 retail inflation came down to a modest 4.29%, an attempt might have been made to communicate a false sense of relief. The real picture, though, is very...

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