-The Hindu Devising State-specific industrialisation strategies in coordination with the Centre will improve manufacturing Many think that in the aftermath of the pandemic, several manufacturing companies operating from China will relocate their businesses to other destinations, including India. Many American, Japanese, and South Korean companies based in China have initiated discussions with the Indian government to relocate their plants to India. Companies are expected to exit China due to three PRImary reasons....
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Consumption shock severe, economic recovery will take longer, poorest hit the hardest: RBI -George Mathew
-The Indian Express “PRIvate consumption has lost its discretionary elements across the board, particularly transport services, hospitality, recreation and cultural activities,” the RBI said in its Annual Report for 2019-20. The Reserve Bank of India (RBI) Tuesday indicated that the economy which is expected to contract for the first time ever, will take “quite some time to mend and regain” the pre-Covid momentum, as the “shock to consumption is severe” and the...
More »Delhi: Teacher Selected for National Award Awaits Last 2 Months’ Salaries -Ronak Chhabra
-Newsclick.in “Timely salary payments for our labour is not merely a demand, but a right of the employees. It is outrageous to not clear the dues on time,” said the 47-year old Surendra Singh, a PRImary teacher at an NDMC-run school in Delhi. A PRImary teacher at a North Delhi Municipal Corporation (NDMC) run schools, who is to be accorded with the annual national teachers’ award later this year, is among the...
More »Soaring Pulses: Is the Spike in Retail PRIce of Moong in 2020 a Cause for Concern? -Aditya KS, Girish K. Jha and Praveen KV
-TheWire.in An increase in PRIces of pulses affects consumption and has ramifications for food and nutritional security. In APRIl 2020, the retail PRIces of Moong and Urad increased by 25% and 11% compared to their five-year monthly average PRIces. Also, the retail PRIces of Moong in 2020 have consistently remained 25% more than the monthly five-year average PRIces for the period of March to July. An increase in PRIces of pulses affects consumption and...
More »RTI reveals huge gap in PRIcing of ventilators bought under PM CARES: Report
-Moneycontrol.com The RTI response shows that at least two companies — Jyoti CNV Automation and AMTZ Basic — to whom an advance was released, were later not recommended by the technical committee constituted under the DGHS There is a vast difference in the PRIces of ventilators bought under PM CARES fund, and the two of the companies to whom an advance was released were later not recommended by the technical committee constituted...
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