-The Hindu Averting divergent outcomes would mean “resolving the health crisis everywhere” the report says After an estimated contraction of 8% in the fiscal year that ended March 31, India is projected to grow at 12.5 % during the current year, settling down to 6.9% growth year (FY22/23), according to the World Economic Outlook (WEO): Managing Divergent Recoveries, released by the IMF as the World Bank IMF Spring Meetings kick off virtually....
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‘Corruption first, citizenship later’: Why CAA is having little impact on the Bengal elections -Shoaib Daniyal
-Scroll.in Everyday politics dominates the discourse amongst the state’s large population of Hindu Bangladeshi migrants. “Has anyone ever thought of us here?” said 64-year old Mohadev Majumdar. “We got tortured there. And are now having to beg here. What will CAA do? We don’t have hope from any party.” In 1971, a teenaged Majumdar fled what was then East Pakistan after his father was shot dead by the army. While technically India closed...
More »In February, output of core sectors contracts by 4.6%
-The Hindu/ PTI It is the steepest contraction in the last six months The output of eight core sectors declined by 4.6% in February, the steepest contraction in the last six months, which, experts said, could drag the overall industrial production in the month into the negative territory. All the key segments, including coal, crude oil, natural gas, and refinery products, witnessed a decline in production, according to the official data released on...
More »India FY21-22 growth will be in the 7.5%-12.5% range, likely 10.1 %: World Bank -Sriram Lakshman
-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...
More »7,300 farm labourers ended lives in 18 years: Study -Ruchika M Khanna
-The Tribune ‘High indebtedness, inability to repay loan led to extreme step’ Over 7,300 farm labourers in Punjab have died by suicide between 2000 and 2018. As many as 5,765 of these (79 per cent of total suicides by farm labourers) were because of high indebtedness and inability to repay the loan. An average agricultural labour family in the state has a debt of Rs 76,017 while the agricultural labourer suicide victim family...
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