-The Indian Express “Private consumption has lost its discretionary elements across the board, particularly transport services, hospitality, recreation and cultural activities,” the RBI said in its Annual Report for 2019-20. The Reserve Bank of India (RBI) Tuesday indicated that the economy which is expected to contract for the first time ever, will take “quite some time to mend and regain” the pre-Covid momentum, as the “shock to consumption is severe” and the...
More »SEARCH RESULT
Total Matching Records found : 20699
Magnets for manufacturing -Sthanu R Nair
-The Hindu DeviSing State-specific industrialisation strategies in coordination with the Centre will improve manufacturing Many think that in the aftermath of the pandemic, several manufacturing companies operating from China will relocate their buSinesses to other destinations, including India. Many American, Japanese, and South Korean companies based in China have initiated discussions with the Indian government to relocate their plants to India. Companies are expected to exit China due to three primary reasons....
More »Delhi: Teacher Selected for National Award Awaits Last 2 Months’ Salaries -Ronak Chhabra
-Newsclick.in “Timely salary payments for our labour is not merely a demand, but a right of the employees. It is outrageous to not clear the dues on time,” said the 47-year old Surendra Singh, a primary teacher at an NDMC-run school in Delhi. A primary teacher at a North Delhi Municipal Corporation (NDMC) run schools, who is to be accorded with the annual national teachers’ award later this year, is among the...
More »Migrants back, women’s share in NREGS dips to 8-year low -Harikishan Sharma
-The Indian Express An analysis of data available on the NREGS portal till August 24 shows that the share of women is the lowest Since 2013-14 (52.82 per cent), from when the numbers are currently available. AMID THE Covid outbreak, the share of women in total person-days of work generated under the National Rural Employment Guarantee Scheme (NREGS) has dipped to an eight-year low of 52.46 per cent during the first five...
More »For the first time, farm sector set to grow even as GDP sees a contraction -Harish Damodaran
-The Indian Express The country’s GDP registered an annual decline, at minus 5.2%, last in 1979-80. But that year also recorded negative growth for agricultural GDP, at minus 12.8%. April-June may be the first time that India’s economy would contract year-on-year Since the government started coming out with quarterly estimates of GDP from 1996-97. But the data for the quarter, to be released by the National Statistical Office on August 31, could...
More »
