-TheWire.in As per the final tally as on November 30, total burning cases in the state was 49,922 against 71,304 cases in 2021, meaning that there was an almost 30% drop in cases. Chandigarh: A report by the Indian Agriculture Research Institute, an institute under the Union agriculture and farmers’ welfare ministry has it that Punjab has reported 21,382 fewer stubble burning cases this year compared to last year. The satellite monitoring of...
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India to soon suffer heatwaves that break human survivability limit: World Bank report -Sayantani Biswas
-Livemint.com A report shows that lost labor from rising heat and humidity could put up to 4.5% of India's GDP –approximately $150-250 billion – at risk by the end of this decade. A report by World Bank has a ominous warning for India and it only spells doom, as the report has stated that India will soon be one of the first countries that will experience severe heatwaves that will break the...
More »Big industries don’t observe uniform labour standards in India: Bharatiya Mazdoor Sangh at ILO meet -AM Jigeesh
-The Hindu BMS chief Hiranmay Pandya said workers face low wages, lack of job security and social security benefits, and had to suffer poor working conditions this year On the second day of the Asia Pacific Regional Meeting of the International Labour Organisation (APRM of ILO), representatives of workers and employers from India on Wednesday highlighted the employment situation in the country. While employers hailed the Union government’s steps to “help” workers...
More »India’s Manufacturing Growth Slowdown a Decadal Problem -Deepanshu Mohan
-TheWire.in In India’s growth trajectory, for over a decade, domestic private investment levels have remained consistently low and so has (domestic) manufacturing growth. As per recent quarterly estimates, India’s growth rate slowed to 6.3% in the September quarter of 2022-23. There is evidence of a notable contraction in output of manufacturing that’s pulling down growth. This author has previously argued that quarterly growth estimates may not reveal the real state of an economy....
More »World Bank ups growth for this fiscal to 6.9 per cent
-The Telegraph This is the first upgrade of India’s growth forecast by any international agency amid global turmoil India’s economy is expected to grow 6.9 per cent in the current fiscal year, the World Bank said in a report on Tuesday, citing tightening monetary policy and high commodity prices as factors impacting the country’s growth. The Bank had trimmed its growth forecast for India to 6.5 per cent in early October from a...
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