There is euphoria abound about India's growth performance during the first quarter of the current fiscal. As compared to the corresponding period last year, the year-on-year (y-o-y) GDP growth in the first quarter (Q1) of 2022-23 is down. However, one should take into account the fact that the high growth performance of the real GDP in Q1 of 2021-22 was due to the low base in the corresponding period of...
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Urban jobless rate in 7 states, J&K acutely high -Surya Sarathi Ray
-Financial Express Pan-India unemployment down since the second wave of Covid-19. Even as there has been a steady decline in urban unemployment since the highly infective second Covid wave, joblessness in seven states of Rajasthan, Bihar, Kerala, Uttarakhand, Odisha, Chhattisgarh and Himachal Pradesh, besides Union Territory of Jammu and Kashmir, remained at very high levels, as per the periodic labour force survey (PLFS) data. These states, where unemployment has consistently been higher than...
More »33% Indian households cut milk consumption amid price rise concerns: Survey
-IANS/ Business Standard LocalCircles -- a community social media platform -- conducted a survey to gather information on how the households are coping with it Rising prices of milk has led to one in three Indian households either downgrading brand or reducing consumption, says a survey. Amid complaints on rising milk prices, LocalCircles -- a community social media platform --, conducted a survey to gather information on how the households are coping with...
More »At India’s Climate, Finance and Policy Intersection, Big Infra Remains King -Amitanshu Verma
-TheWire.in * As of last year, financial institutions from India were the third-largest investors out of six countries financing 80% of the world’s coal investments. * A 2021 report found that ICICI, the State Bank of India, Axis Bank, Trust Group and HDFC were among the fourth-biggest group of financiers of coal-based projects worldwide. * Indian commercial banks’ large-scale investment in Big Infra has exposed the Indian people’s savings and personal investments to...
More »On the margins -Dibyendu Chaudhuri and Parijat Ghosh
-The Telegraph Seventy-five years of planned development have not helped in the betterment of the adivasi community Adivasis living in Central India make up one of the most marginalised sections in the country. But they live in the most resource-rich areas that attract industrialists and the State. Although scheduled tribes constitute 8.6% of the total population, they make up 50% of the people who have been displaced or dispossessed from their land...
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