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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

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A normalisation of WFH is unlikely to raise women’s participation in the labour force -Ashwini Deshpande

-The Indian Express Work from home, without lessening domestic burden and an increase in paid work, is unlikely to draw more women into the labour force. Is the COVID-19 pandemic unwittingly turning the tide on the sticky issue of the low labour force participation (LFP) of Indian women that decades of policy and research efforts have been trying to achieve without success? A recent report from LinkedIn suggested that Indian women increased their...

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To understand the outbreak of zoonotic diseases, track human activities causing environmental changes, key message of UNEP-ILRI report

A report by the United Nations Environment Programme (UNEP) and International Livestock Research Institute (ILRI), which was released on July 6th (observed as World Zoonoses Day by research institutions and non-governmental organisations across the globe) this year, says that around 60 percent of known infectious diseases in humans are estimated to have an animal origin. Likewise, almost three-fourth of all new and emerging infectious diseases are zoonotic i.e. these diseases...

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Fixing the rules of the economy -Arun Maira

-The Hindu The fundamentals of the game have to change as they currently favour wealthy investors and not workers and tiny enterprises India has an incomes crisis: incomes of people in the lower half of the pyramid are too low. The solutions economists propose are: free up markets, improve productivity, and apply technology. These fundamentals of economics must be re-examined when applied to human work. Three solutions Economists say markets should be freed up...

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Why the new farm laws will not level the playing field -Arjun Harkauli

-Down to Earth Creation of unregulated private points of sale will only ensure that the produce continues to be sold as before — at below MSP and without any government support More than 86 per cent farmers in India own or cultivate on less than two acres of land and have little surplus to sell. They are the victims of middlemen (arthiya) at the mandis (local exchange markets) and are forced, by...

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