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The anatomy of a stock market bubble staring India in the face -Vivek Kaul

-Livemint.com Easily buyable shares, a gush of cheap money and a burst of speculation have over-inflated prices On 18 December, the price to earnings (PE) ratio of the Nifty 50 stock market index reached an all-time high of 37.84. This was around 87% higher than the average PE ratio of 20.26 since 1 January 1999. The PE ratios of the Nifty 50 and other broader indices continue to remain at extremely high levels....

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Around 45.6 lakh households did not receive their MGNREGA job cards despite applying for it till November end this year

-Fourth MGNREGA tracker by Peoples' Action for Employment Guarantee (PAEG), released on 10th December, 2020 The latest tracker of the Peoples' Action for Employment Guarantee (PAEG) focuses on the state of implementation of MGNREGA in the country. Highlights of the Tracker: 1. 1.3 crore Job Cards issued this year. 2. 13 percent unmet demand. 97 lakh households have had their demand unmet at some point in the year. 3. While over 1 crore more Households...

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State of Rural and Agrarian India Report 2020 reveal the vulnerabilities faced by Indian agriculture

-Press release by Network of Rural and Agrarian Studies (NRAS), dated 30th November, 2020 The “State of Rural and Agrarian India Report 2020” was released by Dr. V Ramgopal Rao, Director, IIT Delhi today in an online webinar organised by the Network of Rural and Agrarian Studies (NRAS). This report is being brought out by the NRAS, which is a pan-India network of scholars, researchers, practitioners, farmers, students, and activists engaged...

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National Population Register: Questionnaire is being finalised, says Registrar General of India -Vijaita Singh

-The Hindu “The Hindu”, in a query filed under the RTI Act, sought information on the expected date of the first phase of Census 2021 and an update of the NPR. The office of the Registrar General of India (RGI) has said the schedule or the questionnaire of the National Population Register (NPR) is “being finalised” and the information about the expected date of first phase of Census 2021 is “not available.” The...

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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

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