-The Hindu Pew Research report suggests middle class may have shrunk by 30% and number of poor risen by 7.5 crore India’s middle class may have shrunk by a third due to 2020’s pandemic-driven recession, while the number of poor people — earning less than ₹150 per day — more than doubled, according to an analysis by the Pew Research Center. In a comparison, Chinese incomes remained relatively unshaken, with just a...
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How e-commerce marketplaces can drive MSME makeover -Aruna Sharma
-The Indian Express Digital empowerment is the key differentiator. Without that, our MSMEs will not be future ready. A significant major contributor to the India growth story is going to be manufacturing. Manufacturing by small units, cottage units and MSMEs, if effectively facilitated, will be the game changer to accelerate economic growth, employment, income levels and enhance supply chain efficiencies. For MSMEs to be sustainable and effective, the need of the hour...
More »China gives green light for first downstream dams on Brahmaputra -Ananth Krishnan
-The Hindu Nod in new five-year-plan for hydroprojects near border with India A draft of China’s new Five-Year Plan (2021-2025), which is set to be formally approved on March 11, has given the green light for the first dams to be built on the lower reaches of Yarlung Zangbo river, as the Brahmaputra is known in Tibet, before it flows into India. The draft outline of the new Five-Year Plan (FYP) for 2025...
More »Indians Work Longest, Earn Least With Virtually No Time for Leisure: ILO Report
-TheWire.in The minimum statutory wage of an Indian worker is the lowest in the world, except for some sub-Saharan African countries. New Delhi: A latest report by the International Labour Organization (ILO) has revealed that Indians are among the most overworked lot globally while earning the least minimum statutory wage in the Asia-Pacific region, barring Bangladesh, Live Mint has reported. India ranks fifth in the world among the countries with long working hours...
More »How PLI scheme is boosting Indian manufacturing -Jagadish Shettigar and Pooja Misra
-Livemint.com The production-linked incentive (PLI) scheme is a central government scheme that seeks to make India an efficient, equitable and resilient manufacturing hub, on the lines of Prime Minister Narendra Modi’s call for a self-reliant India. Mint explains: The production-linked incentive (PLI) scheme is a central government scheme that seeks to make India an efficient, equitable and resilient manufacturing hub, on the lines of Prime Minister Narendra Modi’s call for a self-reliant...
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