Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
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Economy: steepest GDP decline on record -R Suryamurthy
-The Telegraph The last time that India faced a full-year contraction in its real GDP was in 1980 The Indian economy shrank by 23.9 per cent in the first quarter ended June 30, signalling that the road to recovery would be more arduous than most economists have projected. It marks the steepest decline since the National Statistical Office (NSO) started quarterly measurement of gross domestic product (GDP) in 1996. The slide in real GDP...
More »Ways to ensure remunerative PRIces to farmers -A Amarender Reddy
-Down to Earth Several states have different levels of capabilities. Some states like Haryana and Punjab are historically in a better position to procure, while others like Bihar have limited capabilities Farmers’ protests about low harvest PRIces were a recurrent issue during the harvest period. A record harvest of paddy and other crops was expected during this harvest period. Market arrivals begin from October and end until December across India. Significant efforts from...
More »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...
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