Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
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Lessons from Vietnam and Bangladesh -Ajay Srivastava
-The Hindu With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam’s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them? Two nations and their success stories An open trade policy, a less...
More »A normalisation of WFH is unlikely to raise women’s participation in the labour force -Ashwini Deshpande
-The Indian Express Work from home, without lessening domestic burden and an increase in paid work, is unlikely to draw more women into the labour force. Is the COVID-19 pandemic unwittingly turning the tide on the sticky issue of the low labour force participation (LFP) of Indian women that decades of policy and research efforts have been trying to achieve without success? A recent report from LinkedIn suggested that Indian women increased their...
More »The many lessons from COVID-19 -Soumya Swaminathan
-The Hindu What we have done so far, and what all remains to be done The global pandemic is marching on. As I had said at the JRD Tata Oration, hosted by the Population Foundation of India on its 50th anniversary, of the lessons I have learned over the last nine or 10 months, the most important one is the significance of investing in public health and primary healthcare. Countries that invested...
More »The new urban poor in Mumbai: Salaries gone, pawning gold to pay school fees, NGO meals, rents unpaid -Mayura Janwalkar and Sadaf Modak
-The Hindu These families are on the brink of urban poverty, forced to do what they once thought was impossible — borrowing for their children's school fees, defaulting on EMIs, falling back on rent, cutting down on necessities. Mumbai: MANY locks in the nation’s financial capital are being opened one by one, new Covid numbers are falling but most doors — or windows — to any opportunity to earn are still firmly...
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