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The Indian Economy on The Verge Of Collapse -Prabhat Patnaik

-Networkideas.org The GDP growth in the first quarter (April-June) of 2020 over the first quarter of the previous year has been minus 24 per cent according to preliminary official estimates. But most knowledgeable people believe that even this is an underestimate of the actual contraction brought about by the lockdown. In fact, a forMer chief statistician of India, Pronab Sen, believes that the actual contraction would have been about 32 per...

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MILES TO GO… Organic and natural farming still have a lot of ground to cover in India, says new CSE report

-Centre for Science and Environment * Niti Aayog vice chairperson Rajiv Kumar releases the report, which provides the real picture of organic farming in India: only 2 per cent of India’s net sown area organically farmed, and a Mere 1.3 per cent of farMers registered to do organic farming * Organic and natural farming must be upscaled to make Indian agriculture sustainable, says the report * Needs to be turned into a mass...

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Explained: Forex reserves at all-time high — why did this happen, and what does it mean for India’s economy? -George Mathew and Sandeep Singh

-The Indian Express The current situation stands in stark contrast to the one in 1991, when India had to pledge its gold reserves to stave off a major financial crisis. In March 1991, India had forex reserves of a Mere $5.8 billion; today, the country can depend on its soaring foreign exchange reserves to tackle any crisis on the economic front. India’s foreign exchange (forex) reserves surged by $3.883 billion to touch...

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Over three-fourth of workers lost their livelihoods since lockdown, finds ActionAid India's national survey of informal labourers

ActionAid Association's (AAA) national level survey among people dependent on the informal economy during the third phase of the national lockdown towards the end of May 2020 (i.e. between May 14th and May 22nd, 2020) has documented the "nature and extent of the transitions in the lives and livelihoods of informal workers, including migrant workers, during the pandemic and provide[s] an insight into the precarity they experience and the coping...

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Academic Freedom In India: A Status Report, 2020 -Nandini Sundar and Gowhar Fazili

-The India Forum Nandini Sundar teaches at Delhi University. Gowhar Fazili teaches at Ambedkar University Delhi. Academic freedom is about the right to study, teach and research a diversity of viewpoints. Yet, this right that is so crucial for the pursuit of knowledge has seen widespread attacks in colleges and universities across India. The New Education Policy (NEP) 2020 claims it is based on principles that include creativity and critical thinking, constitutional values,...

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