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....
More »SEARCH RESULT
Total Matching Records found : 3516
A guide to flattening the curve of economic chaos -Jayati Ghosh
-The Hindu Well-thought-out policies can reverse the results of incompetence; the onus is on the Centre to spend now Now it is official: India has managed to become the global leader in the number of new daily cases of COVID-19 and the worst performing of all major economies during the pandemic so far. How did we manage this double feat? Not through ‘acts of god’, but because of the incompetence and apathy...
More »6.1 million youth may lose jobs in India due to Covid-19: ADB-ILO report -Indivjal Dhasmana
-Business Standard Unemployment rate in the country will rise to a staggering 32.5 per cent, but will be higher in Sri Lanka at 37.8 per cent As many as 6.1 million young people (15-24 years) may lose jobs in India in 2020 if the containment of the virus takes six months (roughly till September), says a report by ASIan Development Bank (ADB) and International Labour Organisation (ILO). India will be followed by Pakisan,...
More »COVID-19 Impact: 41 Lakh Youth Lost Jobs in India, Says ILO-ADB Report
-TheWire.in/ PTI The young people's employment prospects in ASIa and the Pacific are severely challenged due to the pandemic, the report found. New Delhi: As many as 41 lakh youth in the country lost jobs due to the COVID-19 pandemic while construction and farm sector workers account for the majority of job losses, according to a joint report by the International Labour Organization (ILO) and the ASIan Development Bank (ADB). “For India, the...
More »Covid-19: Why is India doing worse than other South ASIan countries? -CP Chandraskhar and Jayati Ghosh
-The Hindu Business Line/ NetworkIdeas.org Now that India has already overtaken Brazil among countries with the most number of Covid-19 positive cases and is on the verge of even beating the USA, it’s worth trying to understand what has led to this inability to control the pandemic in India. One of the arguments often made is that India, being a developing country with a large poor population engaged in informal work,...
More »
