-The Hindu The Bank expects public consumption to contribute positively, but pent-up private demand to fade by end of 2021 India’s economy is expected to grow at 10.1% for the year starting April 1, 2021, as the vaccine roll-out drives activity in contact-intensive sectors, as per the World Bank’s South Asia Economic Focus South Asia Vaccinates report. However, given the significant uncertainty around epidemiological and policy factors, real GDP growth could range...

During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...

-PTI/ The Hindu Inflation targeting helped in lowering volatility, level of inflation, he says Asserting that the disinvestment target of ₹1.75 lakh crore for 2021-22 was ‘eminently achievable,’ Chief Economic Adviser (CEA) K. V. Subramanian on Saturday said the proposed initial public offering (IPO) by LIC itself could garner ₹1 lakh crore for the government. He also said targeting of retail inflation by the Reserve Bank of India (RBI) has helped bring down...

-The Hindu The political emphasis on welfare interventions is insufficient to address the emerging developmental issues in the State A major concern in contemporary Indian development is the widening socio-economic disparity across groups and regions. Even when regions perform relatively better in one developmental dimension, it does not often translate into all round development. For instance, Himachal Pradesh and Kerala might have attained better levels of human development but that has not...

-Down to Earth Gaps in data on women and girls particularly severe; countries do not invest enough in public intent data systems, the report said Most countries have shied away from an open-data policy — more so countries with developing economies, according to a recent World Bank report. Only 11 per cent low-income countries consistently made available with a license classifiable as ’open’, the report flagged. The comparable rate for lower-middle-income countries was...