-The Hindu How are other export-dominated countries faring? Why is the government optimistic that domestic demand will counter the effects of declining exports? The story so far: India’s exports declined about 16.7% in October compared with the year-earlier period. This is the first slide reported for any month since February 2021. October imports rose at a much milder pace than earlier, most likely because of softening commodity prices worldwide, and trade deficit...
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India’s Manufacturing Growth Slowdown a Decadal Problem -Deepanshu Mohan
-TheWire.in In India’s growth trajectory, for over a decade, domestic private investment levels have remained consistently low and so has (domestic) manufacturing growth. As per recent quarterly estimates, India’s growth rate slowed to 6.3% in the September quarter of 2022-23. There is evidence of a notable contraction in output of manufacturing that’s pulling down growth. This author has previously argued that quarterly growth estimates may not reveal the real state of an economy....
More »India opposes attempt to link action on emissions to farming -Jayashree Nandi and Sharm El Sheikh
-Hindustan Times India on Thursday communicated strong objections to discussions under a special UN Framework Convention on Climate Change (UNFCCC) effort known as the Koronivia Joint Work on Agriculture, which has sought to expand efforts to reduce emissions of greenhouses gases to the agriculture sector. According to people aware of the matter, a draft decision under the Koronivia Joint Work mentions mitigation – the efforts to reduce emissions – multiple times. “Noted that...
More »Tuberculosis deaths and disease increase during the COVID-19 pandemic
-Press release by World Health Organisation dated 27 October, 2022 An estimated 10.6 million people fell ill with tuberculosis (TB) in 2021, an increase of 4.5% from 2020, and 1.6 million people died from TB (including 187 000 among HIV positive people), according to the World Health Organization’s 2022 Global TB report. The burden of drug-resistant TB (DR-TB) also increased by 3% between 2020 and 2021, with 450 000 new cases...
More »Various estimates point towards one conclusion – the number of poor Indians swelled in 2020
The newly released World Bank report has estimated that the number of extremely poor people globally went up by nearly 71 million in the year 2020 as compared to 2019 — a 11 percent increase. Between 2019 and 2020, the number of poor swelled by around 56 million in India. It means that about 79 percent of the total people globally who slipped into poverty during the first year of...
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