Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
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Rajiv Khandelwal, co-founder and director, and Divya Varma, programme manager, policy and partnerships, of Aajeevika Bureau, interviewed by Civil Society News
-CivilSocietyOnline.com When millions of workers literally burst on to the scene during the sudden lockdown in India, the entire country was shocked by how vulnerable they seemed. They didn’t have housing, savings, healthcare and rights as employees. In their large numbers, they accounted for the majority of the workforce and yet there was no one to speak for them. The lockdown was expected to be a watershed moment because of this unsettling...
More »Lessons from Vietnam and Bangladesh -Ajay Srivastava
-The Hindu With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after china, Vietnam’s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them? Two nations and their success stories An open trade policy, a less...
More »Scientists warn of major earthquake as stress build-up in Uttarakhand’s Dharchula region -Esha Roy
-The Indian Express Scientists say these large concentrations of earthquakes are “release of stress’’ building up in the region and that in the near future, there is likelihood of an earthquake of high magnitude in the region. About 45 km from the new Kailash Mansarovar road, connecting Dharchula in Uttarakhand to Lipu Lekh on the china border, scientists at Wadia Institute of Himalayan Geology have unearthed large concentrations of micro and moderate...
More »Ankhi Das’s Exit from Facebook Is Not Enough for Indian Users -K Raveendran
-Newsclick.in The WSJ report highlighted how important the Indian market was for the business of Facebook, as the platform is banned in china, the only other country with the potential of a billion customers. Ankhi Das, who through her own interpretation of her role as public policy director of Facebook in India gave a tinge of saffron to the social media giant’s blue colour scheme, has finally exited the India operations. She...
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