-Livemint.com Barring sales of second-hand vehicles and new tractors, the auto industry remains badly hit. Vehicles used for transporting goods are among the worst-hit segments Will the Indian economy recover quickly from the June quarter lows? That’s the trillion dollar question facing investors today. One sector that offers vital clues in this regard is the automobile sector. Vehicle sales are among the key lead indicators of consumption and an important source of...
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A development that will hardly put India at ease -R Nagaraj
-The Hindu The World Bank’s decision to halt its annual ‘Doing Business’ report on data authenticity issues has major implications On Thursday, the World Bank halted its annual publication, ‘Doing Business’ report, as it detected irregularities of data for a few countries. A World Bank Press release of August 27 said: “The integrity and impartiality of our data and analysis is paramount and so we are immediately taking the following actions. We...
More »Over three-fourth of workers lost their livelihoods since lockdown, finds ActionAid India's national survey of informal labourers
ActionAid Association's (AAA) national level survey among people dependent on the informal economy during the third phase of the national lockdown towards the end of May 2020 (i.e. between May 14th and May 22nd, 2020) has documented the "nature and extent of the transitions in the lives and livelihoods of informal workers, including migrant workers, during the pandemic and provide[s] an insight into the precarity they experience and the coping...
More »Magnets for manufacturing -Sthanu R Nair
-The Hindu Devising State-specific industrialisation strategies in coordination with the Centre will improve manufacturing Many think that in the aftermath of the pandemic, several manufacturing companies operating from China will relocate their businesses to other destinations, including India. Many American, Japanese, and South Korean companies based in China have initiated discussions with the Indian government to relocate their plants to India. Companies are expected to exit China due to three primary reasons....
More »'Agriculture and Atmanirbharta' Is a Noble Vision, but Needs Hard Decisions and Political Consensus -Siraj Hussain
-TheWire.in While self-sufficiency has been baked into how India has historically looked at the agriculture sector, long-term planning is the need of the hour. In his address to the nation on May 12, 2020, the Prime Minister gave a call for Atmanirbhar Bharat Abhiyan. He said that the state of the world today teaches us that an Atmanirbhar Bharat is the only path and our scriptures mention eshah panthah, self-sufficient India. For agriculture,...
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