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A guide to flattening the curve of economic chaos -Jayati Ghosh

-The Hindu Well-thought-out policies can reverse the results of incompetence; the onus is on the Centre to spend now Now it is official: India has managed to become the global leader in the number of new daily cases of COVID-19 and the worst performing of all major economies during the pandemic so far. How did we manage this double feat? Not through ‘acts of god’, but because of the incompetence and apathy...

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Steady decline in farm sector suicides from 2016 to 2019, NCRB data shows -Deeptiman Tiwary

-The Indian Express A comparative study of data on Accidental Deaths and Suicides released by NCRB shows that suicides in the agriculture sector have declined by 10% — from 11,379 in 2016 to 10,281 in 2019. Suicides in the farm sector have steadily declined over four years, according to the latest data released by the National Crime Records Bureau (NCRB). A comparative study of data on Accidental Deaths and Suicides released by NCRB...

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What Vahan data tells us about India’s economic recovery -howindialives

-Livemint.com Barring sales of second-hand vehicles and new tractors, the auto industry remains badly hit. Vehicles used for transporting goods are among the worst-hit segments Will the Indian economy recover quickly from the June quarter lows? That’s the trillion dollar question facing investors today. One sector that offers vital clues in this regard is the automobile sector. Vehicle sales are among the key lead indicators of consumption and an important source of...

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India’s GDP growth contracts 23.9%: What is the economics behind the math? -Udit Misra and Nushaiba Iqbal

-The Indian Express India GDP Q1 data: Demand from individual citizens and private businesses plummeted in Q1, increase in government’s demand made up for just 6% of this fall Although most people expected India’s GDP to show substantial contraction when the Ministry of Statistics and Programme Implementation (MoSPI) released the data for the first quarter (April, May, June) of the current financial year on Monday, the broad consensus was that the decline...

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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 —...

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