-The Indian Express Rapid spread of Covid-19 and inadequate spending by government could result in India suffering a permanent loss of Rs 30 lakh crore, which is roughly the size of the Union Budget for 2020-21 Dear Readers, This week started with several economists coming out with their revised GDP growth expectations for India in response to the official GDP growth data that was released on August 31. With the economy shrinking more...
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MILES TO GO… Organic and natural farming still have a lot of ground to cover in India, says new CSE report
-Centre for Science and Environment * Niti Aayog vice chairperson Rajiv Kumar releases the report, which provides the real picture of organic farming in India: only 2 per cent of India’s net sown area organically farmed, and a mere 1.3 per cent of farmers registered to do organic farming * Organic and natural farming must be upscaled to make Indian agriculture sustainable, says the report * Needs to be turned into a mass...
More »Indian economy is heading for a K-shaped recovery and it won’t be a pretty sight -TN Ninan
-ThePrint.in K-shaped recovery means the growing gap between ‘winners and losers’. An example in India is the stock market being healthy while millions have lost their jobs. Amidst the flood of commentary that followed the finding that the world’s fastest-growing large economy had become its fastest-shrinking one, an observation that stood out was that India’s growth potential had dropped from 6 per cent to 5 per cent. Now, it has been obvious...
More »Fears of contraction, GDP data today will mark Covid effect & phase of recession -Aanchal Magazine
-The Indian Express With economic activity severely disrupted in the first two months of this fiscal, hit hard by a series of localised lockdowns and rising Covid-19 cases, GDP contraction for the first quarter is being pegged at an average 20 per cent by economists, with the de-growth range between 15.2 per cent and 25.5 per cent. The April-June Gross Domestic Product (GDP) will mark India’s entry into a recessionary phase —...
More »NCRB data: Higher share of Dalits, tribals, Muslims in prison than numbers outside -Deeptiman Tiwary
-The Indian Express The data, for the year 2019, also show that among the marginalised groups, Muslims are the one community which has more undertrials than convicts. The latest data on prisons released by the National Crime Records Bureau (NCRB) show that Dalits, tribals and Muslims continue to be jailed in numbers disproportionate to their share in the population, unlike OBCs and those belonging to the general category or upper castes. The data,...
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