-PTI/ The Hindu “Overall, the difference between wholesale and retail inflation is primarily due to supply-side factors which should decrease and therefore going forward even the retail inflation should ease,” Mr. Subramanian said. Attributing the rise in inflation to supply-side frictions, Chief Economic Adviser K V Subramanian has exuded confidence that retail inflation will come down in the days ahead with the easing of lockdowns. According to the government data, retail inflation rose...
More »SEARCH RESULT
ExplainSpeaking on economy: Why unemployment could become a bigger headache for government -Udit Misra
-The Indian Express Rapid spread of Covid-19 and inadequate spending by government could result in India suffering a permanent loss of Rs 30 lakh crore, which is roughly the size of the Union Budget for 2020-21 Dear Readers, This week started with several economists coming out with their revised GDP growth expectations for India in response to the official GDP growth data that was released on August 31. With the economy shrinking more...
More »Rural distress looms: dip in crop prices, remittances; rising Covid cases -Aanchal Magazine, Sunny Verma and Anil Sasi
-The Indian Express While the over 3% agriculture growth in the first quarter factored in strong Rabi procurement, with high-price realisations getting reflected in the output numbers, fresh data from mandis indicate a slide in the prices of the intercrop produce — horticulture, milk and poultry etc. The rural sector may have held out the only sliver of hope amid the broader collapse in the first-quarter GDP numbers but there are fresh...
More »'By year end, many kids will be thrown out of education system' -Gaurav Sarkar
-Mid-Day.com A report analysing impact of the lockdown on education in Maharashtra reveals why poor students, who do not have access to smartphones or data, have been worst hit A report published this week by the People's Union for Civil Liberties (PUCL), analysing the impact of the COVID-19 lockdown on the state of education in Maharashtra, indicated that digital classrooms and compulsory examinations for final year college students, were doing more harm...
More »Explained: UP, Bihar, Bengal see biggest jump in new NREGA job cards -Harikishan Sharma
-The Indian Express Consider this: From April to August, over 83 lakh additional households or 1.6 crore persons joined the NREGA labour force by getting job cards, taking the number of families under the scheme to an all-time high of 14.36 crore. This summer, as millions of migrants returned to their villages amid a rise in Covid cases, another chart climbed steadily: the number of households enrolled under the Mahatma Gandhi National...
More »