-The Indian Express CPI(M) general secretary Sitaram Yechury suggested that a CMP-like draft should be prepared, based on which unity should be forged between parties and people’s movements, the collective said in a statement. Leaders from various opposition parties voiced the need for a common minimum programme (CMP) to bring the Opposition together. They were speaking on the last day of the week-long Janta Parliament, organised by Jan Sarokar, a collective of...
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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 »Magnets for manufacturing -Sthanu R Nair
-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....
More »Study on climate underlines need to change cropping pattern -R Krishna Kumar
-The Hindu Current method is based on pre-1960s rainfall data, says expert; report also calls for changes in agro plans owing to shift in rainfall and temperature variation A recent analysis of the last 58 years’ (1960 to 2017) weather data of Karnataka has indicated a considerable shift in rainfall pattern in the State, which has a bearing on agriculture and water security. It calls for changes in the present cropping pattern and...
More »Maratha reservation law: Supreme Court urged to set up 11-judge Bench to review cap on quota -Krishnadas Rajagopal
-The Hindu Court was hearing a challenge to Maratha reservation law New Delhi: The Supreme Court on Wednesday was urged to set up a 11-judge Bench to reconsider its 50% cap on reservation. The push for it came while the court was hearing a challenge to the Maratha reservation law. A bunch of petitions contended that the law, which provides 12 to 13 per cent quota for the community in Maharashtra, breached the...
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