-Livemint.com/ PTI Icra expects the headline CPI inflation to decline to 4.6% in FY2022 from 6.4% in FY2021, while exceeding the mid-point of the Monetary Policy Committee's medium target of 4%, for the third consecutive year MUMBAI: Domestic rating agency Icra Ratings on Monday said it expects the country's real gross domestic product (GDP) to grow by 10.1% in FY2022. It, however, said the value of GDP in the next financial year will...
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Why Modi Govt Looked the Other Way on Giving Cash Relief During Pandemic -Prabhat Patnaik
-Newsclick.in Timidity vis-à-vis international finance capital, callousness toward people, and cynicism in manipulating the electorate and legislators, have made the Modi government one of the most ultra-Right governments in the world. The Narendra Modi government must be the most timid in the world vis-à-vis international finance capital. By the same token, it must be the most callous in the world vis-à-vis the working people of the country. The one is the flip...
More »Why public employment is crucial for a healthy, equitable society -Jayati Ghosh
-Scroll.in Greater public employment ensures better deliver of public services to citizens. This is an excerpt from the sixth edition of the India Exclusion Report, a collaborative effort involving institutions and individuals working with a shared notion of social and economic equity, justice and rights. The report seeks to inform public opinion around exclusion and the role of the state and to influence policy-making towards creating a more inclusive, equitable and just...
More »WTO urges India to reduce tariffs -Asit Ranjan Mishra
-Livemint.com * Frequent policy changes create uncertainty, says report * India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1% India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using trade policy measures to encourage domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest...
More »Nutritional security could have made the fight against COVID-19 easier -Sheeba Krishnakumar
-Down to Earth This weak link between growth in income and nutritional outcomes requires the attention of policy makers The Covid pandemic reminds us that we may have to fight a battle more than once to win it. Low-income countries like India faced a multi-pronged crisis during the pandemic — containing the infections while being home to 195.9 million of the 821 million undernourished people in the world. Prevalence of undernourishment in India...
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