During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...
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Over 50% don’t wear masks, finds Government survey
-The Hindu Laxity leading to COVID-19 surge, Health Ministry tells 12 States. Almost 90% of the COVID-19 deaths in India continue to be in the category of those aged above 45. Internal surveys showed that while 90% people were aware of the importance of masks, only 44% actually wore them, a statement from the Health Ministry said on Saturday, reflecting “laxity” in adhering to strictures, such as wearing masks and avoiding crowding. These...
More »Dormant Parliament, fading business -MR Madhavan
-The Hindu The gradual deterioration in Parliament’s functioning has to be stopped if it is to fulfil its constitutional mandate The Budget session of Parliament ended on Thursday, two weeks ahead of the original plan, as many political leaders are busy with campaigning for the forthcoming State Assembly elections. This follows the trend of the last few sessions: the Budget session of 2020 was curtailed ahead of the lockdown imposed following the...
More »Divestment goal achievable; LIC IPO to fetch ₹1 lakh crore: CEA
-PTI/ The Hindu Inflation targeting helped in lowering volatility, level of inflation, he says Asserting that the disinvestment target of ₹1.75 lakh crore for 2021-22 was ‘eminently achievable,’ Chief Economic Adviser (CEA) K. V. Subramanian on Saturday said the proposed initial public offering (IPO) by LIC itself could garner ₹1 lakh crore for the Government. He also said targeting of retail inflation by the Reserve Bank of India (RBI) has helped bring down...
More »Here is why the electoral bonds scheme must go -Gautam Bhatia
-The Hindu It violates the basic tenets of India’s democracy by keeping the knowledge of the ‘right to know’ from citizens and voters The Supreme Court, after a brief hearing on March 24, reserved orders on the question of whether or not to stay the electoral bond scheme, ahead of the upcoming State elections. For the last three years, electoral bonds have been the dominant method of political party funding in India....
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