-The Indian Express Rapid spread of Covid-19 and inadequate spending by government could result in India suffering a permanent loss of Rs 30 lakh crore, which is roughly the size of the Union Budget for 2020-21 Dear Readers, This week started with several economists coming out with their revised GDP growth expectations for India in response to the official GDP growth data that was released on August 31. With the economy shrinking more...
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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 »Fears of contraction, GDP data today will mark Covid effect & phase of recession -Aanchal Magazine
-The Indian Express With economic activity severely disrupted in the first two months of this fiscal, hit hard by a series of localised lockdowns and rising Covid-19 cases, GDP contraction for the first quarter is being pegged at an average 20 per cent by economists, with the de-growth range between 15.2 per cent and 25.5 per cent. The April-June Gross Domestic Product (GDP) will mark India’s entry into a recessionary phase —...
More »Infant deaths decline 4.6% in Haryana
-The Hindu Total drops from 1,264 in April-June 2019 to 1,208 over same period this year Chandigarh: The Haryana National Health Mission clarified on Monday that 1,208 infants deaths were reported in the State between April and June this year as against 1,264 such deaths during the corresponding period in 2019. Until 2019, an offline, manual Reporting system was in use for compilation of births and deaths. Only limited information was collected in...
More »Kashmir now hotspot of illegal riverbed mining -Athar Parvaiz
-TheThirdPole.net Going against its own orders, the government in the Indian Union Territory of Jammu and Kashmir has ordered the fast-tracking of environmental clearances despite manifest evidence of illegal sand mining A few months after the Jammu and Kashmir government auctioned hundreds of stretches of riverbeds for mineral extraction, companies that won the bids are mining the riverbeds despite the lack of environmental clearance. This makes the mining illegal. But instead of...
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