-The Telegraph The economic distress caused by unilaterally imposed lockdowns has brought the focus back on the rural job programme Narendra Modi’s cocky statement in Parliament in 2015 about the Mahatma Gandhi National Rural Employment Guarantee Act being a monumental failure of the Congress regime may have been a political jibe, but it showed that the government had no intention of boosting a programme which, since its inception, has suffered from the...
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New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »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...
More »Post-Lockdown, Workers Demand More Work, Better Wages Under Rural Jobs Scheme -Rajat Kumar
-Hindustan Times Dungarpur: India’s rural employment guarantee scheme is falling short in helping residents tide over the economic distress caused by the COVID-19 outbreak and the subsequent lockdown restrictions, data from Rajasthan suggest. Nearly 43% households who took up work under the scheme in Dungarpur, a largely tribal district in southern Rajasthan, had completed more than 50 of their 100 days of work in the first four months of the current financial...
More »6.1 million youth may lose jobs in India due to Covid-19: ADB-ILO report -Indivjal Dhasmana
-Business Standard UnEmployment Rate in the country will rise to a staggering 32.5 per cent, but will be higher in Sri Lanka at 37.8 per cent As many as 6.1 million young people (15-24 years) may lose jobs in India in 2020 if the containment of the virus takes six months (roughly till September), says a report by Asian Development Bank (ADB) and International Labour Organisation (ILO). India will be followed by Pakisan,...
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