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Hans Timmer, world bank's Chief Economist for South Asia, interviewed by Suhasini Haidar (The Hindu)

-The Hindu Disruptions in the supply chain and panic buying can lead to price spikes: Hans Timmer In a report released this month, the world bank has predicted a ‘dire’ situation for South Asia due to the economic impact of measures to counter the novel coronavirus pandemic, suggesting that the eight SAARC countries (Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan, Maldives and Sri Lanka) will experience their worst economic performance in 40 years,...

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Recent reports predict gloomy days ahead for the overall economy

Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...

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world bank sees FY21 India growth at 1.5-2.8%, slowest since economic reforms 30 years ago

-The Hindu/ PTI The COVID-19 outbreak came at a time when India’s economy was already slowing due to persistent financial sector weaknesses, says world bank report. Washington: India is likely to record its worst growth performance since the 1991 liberalisation this fiscal year as the coronavirus outbreak severely disrupts the economy, the world bank said on Sunday. India’s economy is expected to grow 1.5% to 2.8% in the 2020-21 fiscal which started on...

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How India can overcome malnutrition -Ashok Gulati & Kriti Khurana

-The Financial Express Focussing on women’s education, Access to sanitation & potable water, diet rich in proteinaceous foods and biofortification of grains can curb malnutrition President Donald Trump applauded India’s achievements in his address at the crowded Motera stadium. These ranged from religious freedom to reducing poverty to the giant emerging economy. This should have made every Indian feel proud, except that only in the next three days, riots in Delhi made...

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IMF lowers global growth forecast for 2019, cites 'sharp slowdown' in India

-The Indian Express "Domestic demand has slowed more sharply than expected amid stress in the non-bank financial sector and a decline in credit growth," India-born IMF Chief Economist Gita Gopinath said. Citing a sharp economic slowdown in India and other emerging markets, the International Monetary Fund (IMF) on Monday lowered growth estimate for the world economy to 2.9 per cent for 2019. Besides, the International Monetary Fund also trimmed India’s growth estimate...

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