-Mongabay.com * The COVID-19 pandemic has shown up major fault lines in our development trajectory and one of the issues is how we account for growth and progress with the gross national product (GNP) calculated as a single bottom line, without paying heed to the ecological, environmental and social costs. * Air and water pollution have been shown to add a significant cost to India’s GNP. A greener GNP will take these...
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Will farmers get a better deal after recent reforms? -Roshan Kishore
-Hindustan Times India has moved from a food-scarce economy to a net exporter of food. However, food production does not guarantee food security. Affordability is what matters. New Delhi: The government has announced major agricultural policy changes as part of the economic package it has unveiled in the wake of the Covid-19 pandemic. These include deregulation of farm foods from the Essential Commodities Act (ECA). Farmers have also been allowed to sell...
More »Azim Premji Bats For Worker Rights, Says Labour Laws Are Not Among "Industry's Top Constraints"
-TheWire.in In an op-ed, the IT services billionaire has said that diluting "already lax laws" will exacerbate conditions of low-wage earners. New Delhi: IT services firm Wipro founder Azim Premji on Saturday said he was shocked to learn of recent decisions taken by various state governments to weaken labour laws. In an op-ed in the Economic Times, the Indian billionaire argued that the dilution of “already lax laws” would not boost economic activity. “This...
More »Didi reels off schemes to boost rural economy -Pranesh Sarkar
-The Telegraph The chief minister announced a new scheme — Matir Shristi — for six backward districts in the western part of the state Mamata Banerjee on Wednesday announced a series of schemes for income generation to ensure livelihood for rural populace in the post-lockdown period as the state government realised the need of securing flow of funds at the grassroots level. “Life and livelihood have come to a halt (because of the...
More »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...
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