-The Hindu Between 8.3 crore and 13 crore people globally are likely to go hungry this year. Between 8.3 crore and 13 crore people globally are likely to go hungry this year due to the economic recession triggered by coronavirus (COVID-19), warns the State of Food Security and Nutrition in the World (SOFI) 2020 report. Estimates drawn from data available till March 2020 show that almost 69 crore people went hungry in 2019...
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Most frightening rise of nationalism in India, says billionaire George Soros at Davos
-The Indian Express Addressing the World Economic Forum in Davos, George Soros, an advocate for international cooperation, said the "biggest and most frightening setback" was in India. Billionaire US philanthropist George Soros Thursday cited India as an example to illustrate the rise of nationalism, which he called the “great enemy” of open society. Addressing the World Economic Forum in Davos, Soros, an advocate for international cooperation, said the “biggest and most...
More »63 Indian billionaires wealth higher than the Union Budget for 2018-19: Oxfam
-PTI * Oxfam said the combined total wealth of 63 Indian billionaires is higher than the total Union Budget of India for the fiscal year 2018-19 * The report flagged that global inequality is shockingly entrenched and vast and the number of billionaires has doubled in the last decade Davos: India's richest 1 per cent hold more than four-times the wealth held by 953 million people who make up for the bottom 70...
More »Dr. Surjit S Bhalla, economist and Executive Director for India on the board of International Monetary Fund (IMF), interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line “Join the Regional Comprehensive Economic Partnership (RCEP), but do not ignore your internal market and demand. Ninety per cent of our bad export story is domestic challenges, 10 per cent is external environment or external policy,” says Economist Surjit S Bhalla. Seventy-one-year old Bhalla has a tough task ahead — to make New Delhi’s voice louder at the international forums as he is set to take charge...
More »Civil society group welcomes failure to sign RCEP; calls it 'bad deal for democracy' -Joe C Mathew
-Business Today RCEP trade deal: The group said that the Indian govt should not agree to the RCEP even in future as it will be a 'bad deal for democracy, for farmers, workers, will subvert our sovereign laws and compromise India's industrialisation potential'. Forum for Trade Justice, a pan-civil society network has welcomed the failure of the 16 negotiating countries to reach a consensus over the conclusion of the world's largest free...
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