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Questionable data, little room for exuberance -R Nagaraj

-The Hindu Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest The decline in the quarterly GDP growth rate, by 7.5% during July-September 2020 (FY 2020-21: Q2), compared to a 24% decline in the first quarter has raised expectations of a sharp economic recovery after the novel coronavirus pandemic and the national lockdown. But is such optimism justified? A tracker India’s GDP at current...

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Delhi: Families facing income crunch,100k+ kids turn to anganwadis -Fareeha Iftikhar

-Hindustan Times According to data shared by the department, around 560,000 children were enrolled in Delhi’s anganwadi centres before the lockdown was enforced in March, a number which has since shot up Over 100,000 children have enrolled in the city’s anganwadi centres over the course of the pandemic, Official data shows, as families whose incomes have been severely hit over the past few month move their children from private institutions in search...

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The perils of deregulated imperfect agrimarkets -R Ramakumar

-The Hindu The Farm Acts were legislative misadventures, while much more is needed to address the genuine fears of farmers The eruption of massive farmers’ protests across India against the Farm Acts has shocked those in the seat of power in Delhi. According to the government, many private markets will be established, middlemen would disappear, farmers would be free to sell to any buyer and farmgate prices would rise. But the protesting...

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Govt Allows ICRISAT To Use Drones For Agricultural Research

-PTI/ BusinessWorld.in Granting the institute a 'conditional' exemption from some of the rules applicable for deployment of drones The government has allowed Hyderabad-based International Crops Research Institute (ICRISAT) to use drones for agricultural research activities, an official release said on Monday. Granting the institute a 'conditional' exemption from some of the rules applicable for deployment of drones, the Civil Aviation Ministry said the institute can gather data for agricultural research activities within the...

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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

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