-The Indian Express To achieve economic growth of 7-8 per cent, the government needs to start addressing some of the traditional sore points such as the large infrastructure deficit, the weak financial sector, archaic land and labour laws, and the administrative and judicial hurdles. India entered the pandemic with declining growth and limited scope for a conventional and large fiscal stimulus. We had noted in an article (IE, January 20, ‘Limited scope...
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UP Doctor's Detention Under Tough Law NSA "Illegal", Free Him: High Court -Shylaja Varma
-NDTV Dr Kafeel Khan was charged under National Security Act for his speech against the CAA at a talk at the Aligarh Muslim University late last year. Lucknow: Kafeel Khan, the Uttar Pradesh doctor jailed under the tough National Security Act (NSA) for a speech against the Citizenship (Amendment) Act or CAA, must be freed immediately, a court said today, calling his detention illegal. The doctor's speech did not show any effort...
More »India’s GDP growth contracts 23.9%: What is the economics behind the math? -Udit Misra and Nushaiba Iqbal
-The Indian Express India GDP Q1 Data: Demand from individual citizens and private businesses plummeted in Q1, increase in government’s demand made up for just 6% of this fall Although most people expected India’s GDP to show substantial contraction when the Ministry of Statistics and Programme Implementation (MoSPI) released the data for the first quarter (April, May, June) of the current financial year on Monday, the broad consensus was that the decline...
More »A 29% non-govt GDP fall is behind abysmal growth -Vivek Kaul
-Livemint.com The collapse of GDP growth by 23.9% for the Apr to Jun period isn’t a surprise. The economy was under a strict lockdown for most of the time to contain the pandemic. Nevertheless, a little digging THRows up interesting trends. Mint takes a look. * What does the GDP figure highlight? One way to measure the GDP is to add private consumption expenditure, government consumption expenditure, investment and net exports (exports minus...
More »NHRC notice to Gujarat Chief Secy over ‘falsely implicating’ lawyer in criminal case -Parimal A Dabhi
-The Indian Express The victim lawyer has been identified as Bilal Kagzi (39), a native of Kosamba village of Mangrol tehsil in Surat district. Gandhinagar: The National Human Rights Commission (NHRC) has issued a show-cause notice to the Chief Secretary of Gujarat as to why the state government should not pay Rs 1 lakh as compensation to a human rights lawyer in South Gujarat who was “admittedly” falsely implicated in a criminal...
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