-Newsclick.in Unemployment has inched up to over 9% as the year ends and the so-called Economic Recovery is a mirage. For Indians, 2020 will go down in history as the worst year for livelihoods and incomes. Unemployment levels rose to record highs, incomes plummeted to record lows and such was the scale of deprivation that thousands of families teetered on the brink of starvation. Tragically, this was not just the pandemic. It...

-Livemint.com The country can’t expect to be a superpower with gender disparities worsening the way they are The latest bulletins from the Centre for Monitoring Indian Economy (CMIE) present a dismal picture. The calamitous fall in employment in April 2020 was followed by a partial recovery in May and June, but the recovery tapered off by September. October and November saw declines again. This slowdown in economic activity can be seen in...

-The Hindu “Economic conditions continued to improve through November on the back of the uptick in agriculture and manufacturing,” RBI officials say in an article in the central bank’s monthly bulletin. There is now more evidence to show that the Indian economy “is pulling out of COVID-19’s deep abyss and is reflating” at a pace that beats most predictions, RBI officials, including Deputy Governor Michael Patra, said in an article in the...

-Livemint.com Data from the corporate affairs ministry show the setting up of new firms, which indicates investment intent, fell 19.5% in November to 13,453 from the preceding month The tally of newly incorporated companies, as well as electronic permits raised for transporting goods, declined on a sequential basis in November for the first time since April. This loss of momentum in Economic Recovery after the initial turbulence caused by the pandemic could worry...

The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...