-The Indian Express To achieve economic growth of 7-8 per cent, the government needs to start addressing some of the traditional sore points such as the large infrastructure deficit, the weak financial sector, archaic land and labour laws, and the administrative and judicial hurdles. India entered the pandemic with declining growth and limited scope for a conventional and large fiscal stimulus. We had noted in an article (IE, January 20, ‘Limited scope...

-Down to Earth The programme can provide a safety net for the poor, not just in COVID-19 times, but for times to come In these darkest days of the novel coronavirus disease (COVID-19) — when jobs and economies have collapsed — 56 million households got work in the past three months and these jobs provided relief. This was under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), which perhaps is the...

-The Hindu Devising State-specific industrialisation strategies in coordination with the Centre will improve manufacturing Many think that in the aftermath of the pandemic, several manufacturing companies operating from China will relocate their businesses to other destinations, including India. Many American, Japanese, and South Korean companies based in China have initiated discussions with the Indian government to relocate their plants to India. Companies are expected to exit China due to three primary reasons....

-Business Standard Unemployment rate in the country will rise to a staggering 32.5 per cent, but will be higher in Sri Lanka at 37.8 per cent As many as 6.1 million young people (15-24 years) may lose jobs in India in 2020 if the containment of the virus takes six months (roughly till September), says a report by Asian Development Bank (ADB) and International Labour Organisation (ILO). India will be followed by Pakisan,...

-TheWire.in/ PTI The young people's employment prospects in Asia and the Pacific are severely challenged due to the pandemic, the report found. New Delhi: As many as 41 lakh youth in the country lost jobs due to the COVID-19 pandemic while construction and farm sector workers account for the majority of job losses, according to a joint report by the International Labour Organization (ILO) and the Asian Development Bank (ADB). “For India, the...