School meals ensure nutrition for millions of vulnerable children across the world. Almost 370 million children worldwide are covered by school feeding programmes. While 100 million school children benefitted from the noon meal scheme in India prior to the COVID-19 pandemic, countries like Brazil (48 million), China (44 million), South Africa (9 million) and Nigeria (9 million) too run similar programmes for school children. However, an estimated 39 billion in-school...
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Why Sensex Is On Fire -Aunindyo Chakravarty
-NDTV blog If you had invested all your savings in the stock market at the end of March last year, by now, you would have almost doubled your money. But in the same period, India's GDP in today's prices would have slid by at least 9-10 percent. Anyone who looks at this divergence will say that the markets have completely 'decoupled' from the economy. Conventional wisdom tells us that this is a...
More »Number Theory: The data India needs to diagnose the economy -Roshan Kishore
-Hindustan Times Most forecasters, institutional and private, have revised their GDP estimates for both 2020-21 and 2021-22. India imposed one of the world’s most stringent lockdowns -- it went on for 68 days -- starting on March 25 to curb the spread of Covid-19 infections. It was this lockdown which triggered a record contraction of 24% in India’s gross domestic product (GDP) in the first quarter of fiscal 2020-21. The economic shock...
More »Govt aims to increase MSME contribution to 40% of GDP: Nitin Gadkari -Jahnavi Nidumolu
-Livemint.com * The Union minister said that industries in village and Khadi generate as much as Rs.88,000 crore on an annual basis * So that the rural poor are benefited, he said the government's aim is to increase the contribution of the MSME sector to 40% from 30%, stating that there are 6.5 crore units Nitin Gadkari, Union Minister for Micro,Small & Medium Enterprises (MSME) and Road Transport & Highways, has suggested to...
More »Budget 2021-22: Over-reliance on infrastructure investment to spur growth? -Sarmistha Pal
-IdeasforIndia.in Commenting on the strong infrastructure push in the 2021-22 Budget, Sarmistha Pal argues that an emphasis on investment in infrastructure may not necessarily bring India out of the current economic recession – with the Budget’s negligence of the education sector and insufficient health expenditure, making matters worse. The 2021-22 Union Budget, announced on 1 February 2021, made a definitive turn to the right as it turned its back on providing any...
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