-PTI/ The Indian Express "India's GDP is expected to contract by 9.6 per cent in the fiscal year that started in March," the World Bank said in the report released here. Washington: The World Bank on Thursday said that India’s GDP is expected to contract by 9.6 per cent this fiscal which is reflective of the national lockdown and the income shock experienced by households and firms due to the COVID-19 pandemic,...

-The Tribune With APMC markets heading towards a collapse, the new set of reforms is aimed at encouraging corporatisation, with big business moving into agriculture, storage and marketing. As the experience of US/Europe shows, when unregulated markets become dominant, small farmers are the first to be pushed out of agriculture. Reiterating what former US Agriculture Secretary Earl Butz (during Ronald Reagan’s rule) had declared: “Get big or get out,” Sonny Perdue, US...

-Down to Earth Study can go long way in pinpointing future hot spots for climate-induced migration Human migration due to changing climate happens primarily in middle income and agricultural-dependent countries, a new study published in the journal Nature Climate Change on September 14, 2020, has said. The impacts of climate change that caused migration of people were mainly changes in temperature, rainfall variability and rapid onset events like storms, cyclones and floods, the...

-The Hindu Business Line The government, market and collectives should have worked in tandem to develop resilience of economic institutions during the slowdown in India The sharp downfall in the economic growth rate could be attributable to a lack of resilience of Indian economy. Only fiscal and monetary policies may not halt the downfall of the economy. Collective organisations, including NGOs, have played an important role in consumption and income-smoothing. The downfall...

-Down to Earth DTE visited village Dhamna in Uttar Pradesh’s Jalaun district to see how life in rural India is being sustained by the biggest employment guarantee scheme in the world People don’t eat paani poori during a pandemic. Out-of-business garment shops don’t employ tailors or hire security guards. It’s been five months since the novel coronavirus disease (COVID-19) pandemic and the subsequent countrywide lockdown stripped migrant labourers of their livelihood, leading to...