-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 —...
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Urjit Patel, former Governor of Reserve Bank of India, interviewed by Puja Mehra (The Hindu)
-The Hindu Our macroeconomic problems have created financial sector crisis periodically, says the former Reserve Bank of India Governor. In his FIRst interaction with a journalist after stepping down from the Reserve Bank of India (RBI), former Governor Urjit Patel spoke about his new book, Overdraft: Saving The Indian Saver, with Puja Mehra in a conversation on invitation from the Pune International Centre. Edited Excerpts. * What made you decide to write this...
More »The Wilful Destruction By The Himalaya Must Stop -Ramachandra Guha
-NDTV The Himalaya are India's most important natural asset. Without them, the country would not survive. These grand mountains are a barrier to invaders, the source of our greatest rivers, a rich reservoir of biodiversity, and home to our holiest shrines. Ecologically, economically, culturally, and strategically, the Himalaya are vital to the future of India as a nation. The politicians who now rule us claim to revere the Himalaya, yet, under their...
More »When Lalu Prasad gave nod for leave during menstruation -Ankita Dwivedi Johri
-The Indian Express Nearly 30 years ago, the Lalu Prasad government in Bihar introduced the step of menstrual leave for working women — revolutionary both for the state (which lags on most development indices), and for its time (when women formed a small portion of working staff). Zomato’s decision to grant menstrual leave to its women employees has sparked a polarised discussion on whether such a policy will sow seeds of discrimination...
More »Centre must borrow and pay States’ GST dues: Kerala
-The Hindu State rejects Centre’s options; to work for consensus among States. THIRUVANANTHAPURAM: Kerala has rejected the two options for Goods and Services Tax (GST) compensation mooted by the Centre at the 41st GST Council meeting earlier this week. Instead the State has asked the Centre to take a loan and provide compensation to the States. “We have decided to inform the Centre in writing that the State cannot agree to the two...
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