-Newsclick.in It is clear that the stagnation that was setting in during 2019-20 has persisted and has even intensified now. The estimates of Gross Domestic Product (GDP) for the April-June quarter released by the government on August 31 paint a dismal picture of the Indian economy. Since the GDP in real terms (at 2011-12 prices) shows an increase of 13.5% over the first quarter GDP a year ago, and since 13.5% appears...
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What explains the disastrous floods in Pakistan this year? -Sandipan Talukdar
-Peoples' Dispatch A convergence of factors such as extreme heat waves, melting glaciers, and heavy monsoon rainfall explains the scale of floods in the country. All these factors are connected to climate change Floods have devastated Pakistan this year, with 33 million people affected and more than 1,200 killed. Rivers breaching their banks coupled with the bursting of glacial lakes inundated almost one-third of the country, causing a massive economic loss. Recovery...
More »Jobs, growth key priorities, not inflation, says Nirmala Sitharaman -Vikas Dhoot
-The Hindu Job creation, equitable distribution of wealth, growth are key priorities, says Union Finance Minister Inflation is not a ‘red-lettered’ priority now for the government given that it has been brought down to a ‘manageable level’ over the past two months and job creation and equitable distribution of wealth were instead the key priorities as of now, Finance Minister Nirmala Sitharaman said on Wednesday. “I am not sure I can have the...
More »Scientists Focus on how Paddy Dwarfing Virus Entered India's Crop Belt
-Newsclick.in Researchers will now focus on how the Dwarf Virus, first found in China, entered Punjab and Haryana. Even though the virus causing the ‘dwarfing’ of paddy in Punjab and Haryana is new in the country, the insect that carries the virus has been here for years, according to a latest research by scientists at Ludhiana’s Punjab Agriculture University (PAU), the Indian Express reported. The Southern Rice Black-streaked Dwarf Virus (SRBSDV) is carried...
More »Realistic analysis shows that the Indian economy has simply taken little steps in Q1 instead of a quantum leap
There is euphoria abound about India's growth performance during the first quarter of the current fiscal. As compared to the corresponding period last year, the year-on-year (y-o-y) GDP growth in the first quarter (Q1) of 2022-23 is down. However, one should take into account the fact that the high growth performance of the real GDP in Q1 of 2021-22 was due to the low base in the corresponding period of...
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