-TheWire.in Unlike other sectors, a large majority of the farming community do not have any savings to fall back upon. The COVID-19 pandemic has not only hit manufacturing, services and business but also pushed back the Narendra Modi government’s ambitious programme to double farmers’ income by 2022. From feeding a population displaced, dislocated and frozen in its tracks, to ensuring farmers stay afloat in the coming months, the government has a tough...
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COVID-19 pandemic could lead to 4 per cent loss of real GDP for India: CRISIL Research -Surabhi
-The Hindu Business Line Gross non-performing assets of banks could rise to 11 to 11.5 per cent this fiscal CRISIL Research has stated that the current coronavirus pandemic could lead to a four per cent permanent loss to real Indian gross domestic product (GDP) and said that more fiscal stimulus will be required. Most economies across the globe are unlikely to see normal conditions until 2022 due to the current coronavirus pandemic and...
More »Limitations of online learning -Shyam Menon
-The Hindu Direct human engagement is a crucial component of education India has been under lockdown in a desperate attempt to contain the COVID-19 pandemic. Even when the lockdown gets lifted eventually, the government may not allow large congregations in restricted physical spaces, including campuses. Universities and colleges were in the middle of the second semester of their academic year when the lockdown was enforced. There was anxiety, particularly about the graduating batches...
More »Research firm Nielsen slashes FMCG growth forecast for 2020 -Meenakshi Verma Ambwani
-The Hindu Business Line Q1 value growth at 6.3 per cent for the FMCG industry Nielsen on Thursday has slashed its annual growth forecast for India's FMCG sector to mid-single digits in the range of 5-6 per cent for the calendar year 2020, as the world grapples with the COVID-19 pandemic. It had earlier predicted growth to be in the range of 9-10 per cent for India's FMCG sector for the full...
More »Lockdown has thrown up huge challenges for trucking business -N Chandrasekaran
-The Hindu Business Line Apart from getting truck drivers and warehouse employees back to their job, logistics operators have to grapple with working capital needs and supply chain inefficiencies A lot has been spoken about the effects of COVID-19 on the economy. The government, large corporates, and the MSME sector are keen to reboot activities that have come to a halt due to the lockdown. Logistics, including transportation, warehousing, order management, and...
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