-OutlookIndia.com The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections Automobiles and two-wheelers are seeing muted sales not because of a low-demand situation afflicting the sector, but because there is a supply-side issue about chips, principal economic advisor to the government Sanjeev Sanyal told Outlook Business. He also said that...
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Profound changes -Renu Kohli
-The Telegraph Risks and rewards of a green transition At the CoP26 in Glasgow, India pledged to net-zero carbon emissions by 2070, with specific commitments at a shorter horizon to obtain half its energy from renewables and lower the carbon intensity of the economy by at least 45 per cent from 2005 levels as well as the total projected carbon emissions by one billion tonnes by 2030. The commitment to a low-carbon...
More »UN Food Systems Summit marginalizes human rights and disappoints, say experts
-United Nations Human Rights Office of The High Commissioner GENEVA 22 SEPTEMBER 2021: On the eve of the Food Systems Summit, UN human rights experts are deeply concerned that the event will not be a “people’s summit” as promised. They are worried that the Summit will instead leave behind the most marginalized and vulnerable people. According to the three human rights experts, who were involved in the Summit preparation, “The Summit claims...
More »The Poverty of Economic Conservatism -Prabhat Patnaik
-NetworkIdeas.org In terms of economic policy, the Modi government must be perhaps the most conservative in the world. During the entire period of the pandemic when millions of people lost their incomes and livelihood support, most governments around the world provided universal cash transfers to the people, but not the Modi government. True, many other third world countries too did not provide such universal cash transfers, but their hands were tied;...
More »Aid pours in from the world to counter India's COVID-19 second wave -Kallol Bhattacherjee
-The Hindu Many countries are sending emergency use equipment to India to fight COVID-19 Around 15 countries including the US, Russia, France and the United Kingdom are rushing critical emergency use equipment to enable India counter the COVID-19’s deadly second wave. A compilation from the Ministry of External Affairs showed that countries are sending hundreds of oxygen concentrators, respirators and large quantities of liquid oxygen to help ease the difficult situation facing...
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