-The Hindu/ PTI It is the steepest contraction in the last six months The output of eight core sectors declined by 4.6% in February, the steepest contraction in the last six months, which, experts said, could drag the overall industrial production in the month into the negative territory. All the key segments, including coal, crude oil, natural gas, and refinery products, witnessed a decline in production, according to the official data released on...
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Shock treatment will not work in agriculture -Sarthi Acharya and Santosh Mehrotra
-The Hindu Post-1991, changes in industry caused a second de-industrialisation; the results in agriculture are likely to be no different Almost all sections of people including farmers agree that the Agricultural Produce Market Committee (APMC)-mandi policies for agricultural marketing, initiated in the 1960s for a few crops, have outlived their utility and the system needs a new policy in the face of the agricultural sector’s growth slowdown, the crop-composition not widening, and...
More »India’s economy in 2020: Year of many questions -Anil Sasi
-The Indian Express India's economy in 2020: As Annus Horribilis 2020 comes to an end, there are positives in the economy: signs of a GDP rebound, and buoyant equity markets. But demand is weak, receipts are down, and the employment situation is grim. All eyes are on the Budget — and on the vaccines In a little over a month, Finance Minister Nirmala Sitharaman will present what she has heralded as “a...
More »Ensuring occupational health and safety of mine workers
Nearly 24 fatal accidents and 47 serious accidents have happened in various coal mines of the country during this year till 31st August. Likewise, 18 fatal accidents and 13 serious accidents have taken place in non-coal mines during the same time period. The accident figures are low this year in comparison to the previous ones thanks to a lower demand for output from these mines against the backdrop of COVID-19...
More »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....
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