A recent report by the International Food Policy Research Institute (IFPRI) states that the countrywide lockdown imposed on 25th March, 2020, which was extended for nearly two months in phases, affected the food and nutritional status of vulnerable sections of the Indian population. It says that a programme like the Mid-Day Meal Scheme covers four-fifth of primary-school-aged children in the country that helps in improving not only nutrition but also...
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Expected growth of 12.5% for India but “ very severe downside risks” due to COVID wave: IMF -Sriram Lakshman
-The Hindu Averting divergent outcomes would mean “resolving the health crisis everywhere” the report says After an estimated contraction of 8% in the fiscal year that ended March 31, India is projected to grow at 12.5 % during the current year, settling down to 6.9% growth year (FY22/23), according to the World Economic Outlook (WEO): Managing Divergent Recoveries, released by the IMF as the World Bank IMF Spring Meetings kick off virtually....
More »In February, output of core sectors contracts by 4.6%
-The Hindu/ PTI It is the steepest contraction in the last six months The output of eight core sectors declined by 4.6% in February, the steepest contraction in the last six months, which, experts said, could drag the overall industrial production in the month into the negative territory. All the key segments, including coal, crude oil, natural gas, and refinery products, witnessed a decline in production, according to the official data released on...
More »Mid-Day Meals play a crucial role in guaranteeing child nutrition in the post-pandemic world
School meals ensure nutrition for millions of vulnerable children across the world. Almost 370 million children worldwide are covered by school feeding programmes. While 100 million school children benefitted from the noon meal scheme in India prior to the COVID-19 pandemic, countries like Brazil (48 million), China (44 million), South Africa (9 million) and Nigeria (9 million) too run similar programmes for school children. However, an estimated 39 billion in-school...
More »Number Theory: The data India needs to diagnose the economy -Roshan Kishore
-Hindustan Times Most forecasters, institutional and private, have revised their GDP estimates for both 2020-21 and 2021-22. India imposed one of the world’s most stringent lockdowns -- it went on for 68 days -- starting on March 25 to curb the spread of Covid-19 infections. It was this lockdown which triggered a record contraction of 24% in India’s gross domestic product (GDP) in the first quarter of fiscal 2020-21. The economic shock...
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