-The Hindu Growth impulses remained fragile, manufacturing output tanked 9.5% After touching a six-month high in May, India’s retail inflation was virtually unchanged in June at about 6.3%, remaining out of the central bank’s comfort zone for a second month in a row. Economists expect the Reserve Bank of India (RBI) to revisit its inflation estimate of 5.1% for 2021-22 and stressed that lack of fiscal policy action to cool prices could precipitate...
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UP law panel moots proposals to promote two-child norm -Omar Rashid
-The Hindu Bar on government jobs and welfare benefits for those who have more children. The Uttar Pradesh State Law Commission has prepared a proposed draft Bill for population control, under which a two-child norm will be implemented and promoted. After the law comes into force, a person with more than two children will be debarred from several benefits such as government-sponsored welfare schemes and from contesting elections to the local authority or...
More »Trade unions, industries paint a grim picture of employment scenario -AM Jigeesh
-The Hindu Business Line Trade union seeks urgent measures to alleviate pain of joblessness, drastic fall in income Trade unions and industrial associations painted a grim picture of the unemployment scenario in the country at a recent meeting of the Labour Standing Committee. The trade unions demanded urgent measures such as direct cash transfers to address job loss and wage loss, while the representatives of industries demanded a re-look at the current...
More »Government infrastructure spending sees steep fall in Q1 -Vikas Dhoot
-The Hindu Fresh investments dip by 18% overall The second wave of COVID-19 and a steep decline in new investment projects from government agencies dented fresh investment plans in the economy by 18% in the first quarter of 2021-22, compared to the previous quarter. Despite the government’s stated push for capital spending to revive the economy, public infrastructure investments almost halved compared to the January-March quarter, bringing total outlays on new infrastructure plans...
More »Covid-19 not slowing down yet, Delta variant spreading rapidly: WHO’s chief scientist Dr Soumya Swaminathan -Srivatsan KC
-Hindustan Times “In the last 24 hours, close to 500,000 new cases have been reported and about 9,300 deaths -- now that’s not a pandemic that’s slowing down,” Dr Soumya Swaminathan said. With the spread of the Delta variant of Covid-19, the number of infections has been rising across most regions of the world, chief scientist of the World Health Organisation (WHO) Soumya Swaminathan said on Friday. She also called it clear...
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