-The Hindu Business Line Trade union seeks urgent measures to alleviate pain of joblessness, drastic fall in income Trade unions and industrial associations painted a grim picture of the unemployment scenario in the country at a recent meeting of the Labour Standing Committee. The trade unions demanded urgent measures such as direct cash transfers to address job loss and wage loss, while the representatives of industries demanded a re-look at the current...
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Government infrastructure spending sees steep fall in Q1 -Vikas Dhoot
-The Hindu Fresh Investments dip by 18% overall The second wave of COVID-19 and a steep decline in new Investment projects from government agencies dented fresh Investment plans in the economy by 18% in the first quarter of 2021-22, compared to the previous quarter. Despite the government’s stated push for capital spending to revive the economy, public infrastructure Investments almost halved compared to the January-March quarter, bringing total outlays on new infrastructure plans...
More »Devil’s Advocate: Are solar electricity and electric vehicles really ‘clean’ -Satish Vitta
-Down to Earth A behind-the-scenes look helps one know that human as well as economic costs need to be paid upfront to make either solar grade silicon or put together a million lithium batteries A recent analysis performed by the National Aeronautics and Space Administration shows that it is a business-as-usual scenario. The global average temperature has been 1.02 degrees Celsius (°C) higher than the baseline. The World Meteorological Organization has announced the...
More »Jean Drèze, development economist and right to food activist, interviewed by Shriya Mohan (The Hindu Business Line)
-The Hindu Business Line The development economist, now part of Tamil Nadu’s Economic Advisory Council, says that public expenditure on health is just 0.6 per cent of the state domestic product, one of the lowest ratios among Indian states * Universal quality education, health care and social security are still distant goals * A well-designed system of emergency cash transfers would be quite useful in this situation of recurrent crises, which may last...
More »The State and the Digital Giants -CP Chandrasekhar
-NetworkIdeas.org The NDA government has decided to further tighten its regulation of e-commerce, taking on in particular foreign giants like Amazon and Flipkart-Walmart, with implications for domestic organized retail majors like Reliance. The Department of Consumer Affairs in the Ministry of Consumer Affairs, Food and Public Distribution has called for comments on an amended version of the Consumer Protection (E-Commerce) Rules, 2020, which it posted on its website in late June...
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