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Government infrastructure spending sees steep fall in Q1 -Vikas Dhoot

-The Hindu Fresh investments dip by 18% overall The second wave of COVID-19 and a steep decline in new investment projects from government agencies dented fresh investment plans in the economy by 18% in the first quarter of 2021-22, compared to the previous quarter. Despite the government’s stated push for capital spending to revive the economy, public infrastructure investments almost halved compared to the January-March quarter, bringing total outlays on new infrastructure plans...

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UP law panel moots proposals to promote two-child norm -Omar Rashid

-The Hindu Bar on government jobs and welfare benefits for those who have more children. The Uttar Pradesh State Law Commission has prepared a proposed draft Bill for population control, under which a two-child norm will be implemented and promoted. After the law comes into force, a person with more than two children will be debarred from several benefits such as government-sponsored welfare schemes and from contesting elections to the local authority or...

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Global Fashion Brands Caused Humanitarian Crisis in 6 Asian Countries During Pandemic, Says Report -Ditsa Bhattacharya

-Newsclick.in Nearly 93% of the Indian garment workers were pushed below the international poverty line of the World Bank in April and May, 2020 Garment workers lost a significant amount of wage during the pandemic in six Asian countries INCluding India. Workers’ wages were at poverty levels even before the pandemic, and were pushed further below the International Poverty Line in their countries by the pandemic, according to a recent report titled...

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Covid-19 not slowing down yet, Delta variant spreading rapidly: WHO’s chief scientist Dr Soumya Swaminathan -Srivatsan KC

-Hindustan Times “In the last 24 hours, close to 500,000 new cases have been reported and about 9,300 deaths -- now that’s not a pandemic that’s slowing down,” Dr Soumya Swaminathan said. With the spread of the Delta variant of Covid-19, the number of infections has been rising across most regions of the world, chief scientist of the World Health Organisation (WHO) Soumya Swaminathan said on Friday. She also called it clear...

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The pandemic in data: How Covid-19 has devastated India’s economy -Swati Dhingra & Maitreesh Ghatak

-Scroll.in The sharp drop in GDP is the largest in the country’s history – and even that may well underestimate the economic damage experienced by the poorest households. From April to June 2020, India’s GDP dropped by a massive 24.4%. According to the latest national INCome estimates, in the second quarter of the 2020-’21 financial year (July-September 2020), the economy contracted by a further 7.4%, with the third and fourth quarters (October...

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