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Why Economic Inequality is a Burning Issue that Needs Attention -Atman Shah and Dipak Chaudhari

-Newsclick.in Inequality is not natural but manufactured. It’s time policymakers stopped normalising the wealth and income gap. Else, post-Covid inequality could become a permanent feature. Wealth and income inequality are more than just economic concepts. They also influence education and health outcomes, poverty levels, employment and unemployment rates, opportunities, choices, and, ultimately, happiness. Of late, several reports have investigated the impact of COVID-19 on various segments of society at the regional, national,...

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India suffered income loss of $159 billion in key sectors due to extreme heat in 2021: Report

-PTI/ The Hindu Between 2016–2021, extreme events triggered by climate change caused damage to crops in over 36 million hectares, and a $3.75 billion loss for farmers in the country India suffered an income loss of $159 billion, 5.4% of its gross domestic product, in the service, manufacturing, agriculture, and construction sectors due to extreme heat in 2021, according to a new report.   Heat exposure in the country led to the loss...

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Bengal farmer earns 3 times less than Punjab counterpart: NABARD report

-IANS/Business Standard A recent report titled by the National Bank for Agriculture & Rural Development (NABARD) has pointed out that West Bengal's farming sector is lagging behind other states on two crucial counts. A recent report titled "Farmers' Welfare: An analysis across states of India," by the National Bank for Agriculture & Rural Development (NABARD) has pointed out that West Bengal's farming sector is lagging behind other states on two crucial counts. The...

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Why India Inc. is not taking a Hanuman leap -Pulapre Balakrishnan

-The Hindu The one lever that the government could have pulled as it watched private investment decline was to step up public investment In a meeting held with the country’s corporate leaders on September 15, Finance Minister Nirmala Sitharaman drew attention to an important aspect of the economy today. She rightly flagged concerns about sluggish corporate investment, despite the government’s business-friendly stance, including a reduction in the corporate tax. The reduction, effected...

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