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China still ‘largest source of critical items’ for India -Ananth Krishnan

-The Hindu India is Working on a multi-pronged strategy to reduce this reliance. China still remains the largest source of critical imports for India, from mobile phone components to pharmaceutical ingredients, and India is Working on a multi-pronged strategy to reduce this reliance, which is a bigger concern than the imbalance in trade. “The trade deficit is not in dollars, it is in overdependence,” said Sanjay Chadha, Additional Secretary in the Ministry of...

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The Problem with International Migration from India -Gian Singh

-TheCitizen.in The losses outweigh the gains A report released on January 15 by the United Nations Department of Economic and Social Affairs estimates that India has the highest number of international migrants in the world. It found that last year 18 million Indians were living abroad, followed by Mexico 11 million, Russia 11 million, China 10 million, and Syria 8 million. It estimates that 10 million or 1 crore Indians emigrated abroad...

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One out of five in informal sector are out of Work post lockdown -Prashant K Nanda

-Livemint.com More than two-thirds (69%) of those employed in February had lost Work during the lockdown, the survey said Almost one out of every five Workers in the informal sector are either out of labour market or remain unemployed, said a new survey by the Azim Premji University for the post-lockdown October-December period found. The survey showed that while 3% were unemployed and 4% more were out of the labour market in the...

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We’re not all in the same boat -Amitabh Behar

-The Hindu Fighting inequality must be at the heart of our economic rescue and recovery efforts One of the most incisive and hard-hitting comments on the real import of the COVID-19 crisis came from none other than the United Nations Secretary General, Antonio Guterres. He said: “COVID-19 has been likened to an x-ray, revealing fractures in the fragile skeleton of the societies we have built. It is exposing fallacies and falsehoods everywhere:...

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Union Budget 2021-22: What should be the priorities for agriculture? -Gurpreet Singh

-Down to Earth Increasing budgetary allocations towards Rural Employment Guarantee Act is non-negotiable   The agriculture sector has continued to serve as a lifeline at a time when the novel coronavirus disease (COVID-19) pandemic has hurt every economic activity in an unprecedented manner. It has not only ensured food supply but also provided livelihoods to daily-wage Workers during the lockdown, providing the last resort for those rendered homeless. The Union Budget 2021-2022 to...

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