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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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Six States forge unity on GST compensation

-The Hindu ‘Centre should borrow loan and pay dues instead of asking States to do so citing fall in collections’ Hyderabad: Six State governments, including Telangana, on Monday bounced back the Centre’s offer made to them to borrow loan and meet their GST compensation in view of shortfall in collections due to the COVID-19 pandemic. At a video conference of Finance Ministers, Telangana apart, West Bengal, Kerala, Chhattisgarh, Delhi and Punjab governments, arrived...

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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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Fears of contraction, GDP data today will mark Covid effect & phase of recession -Aanchal Magazine

-The Indian Express With economic activity severely disrupted in the first two months of this fiscal, hit hard by a series of localised lockdowns and rising Covid-19 cases, GDP contraction for the first quarter is being pegged at an average 20 per cent by economists, with the de-growth range between 15.2 per cent and 25.5 per cent. The April-June Gross Domestic Product (GDP) will mark India’s entry into a recessionary phase —...

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Move to raise women’s age of marriage reflects punitive paternalism -Sunny Jose

-The Indian Express The proposed policy, instead of addressing the causes and consequences of under-age marriages, may instead produce adverse, suboptimal outcomes affecting the poor and marginalised the most. Should women’s legal age for marriage be raised? The answer to this seemingly simple question is not so simple, because the question is not simply about replacing age 18 with 21. Rather, it deals with the social origins of a “problem” not easily...

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