-Livemint.com Big hopes are being pinned on farming but its performance is not as impressive as made out to be Most recent economic indicators suggest a modest recovery compared to the first two months of India’s lockdown. But when compared to the data of last year, it also becomes clear that an economic comeback is likely to be a long-drawn affair. There is also a consensus that a recovery will be contingent...

-MainstreamWeekly.net     Chinese import have thrown a spanner in the wheel of India’s economic progress per se and industrial manufacturing in particular. The Chinese import is so hard hitting on Indian industry that many manufacturers have become traders.     The impact of Chinese goods has been such that India is threatened to become a country of importers and traders with domestic factories either cutting down production or shutting down completely...The country can...

Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...

-The Hindu As India emerges from the lockdown, labour market policy has to reverse the pandemic’s gender-differentiated impact The COVID-19 pandemic has had a huge impact on women’s work, but as official statistics do not capture women’s work adequately and accurately, little attention has been paid to the consequences of the pandemic for women workers and to the design of specific policies and programmes to assist them. A survey by the Azim Premji...

-The Hindu As output and demand slow, India must retain twin focus on the pandemic and economy Output in the eight core industries suffered an overall contraction for a third straight month in May, shrinking 23.4%, as the pandemic-induced lockdown kept large parts of the economy shuttered, the Commerce Ministry’s provisional figures show. Of the eight, all but one posted declines in production compared with a year earlier, with six sectors witnessing...