-Down to Earth By the end of 2020, 86 per cent people displaced across borders lived in countries with developing economies. Forced displacements need more equitable and predictable responses, for which the global community needs to show more political will, a new report has flagged. Three years after the launch of the Global Compact on Refugees (GCR), the international community has yet to deliver on its promise to better share responsibility for...
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India’s informal economy has not shrunk -Santosh Mehrotra and Kingshuk Sarkar
-The Hindu An SBI Research study’s claim that there is greater formalisation of the economy is unfounded According to a recent State Bank of India (SBI) Research report, the informal economy in India has been shrinking since 2018. Formalisation, the report says, has taken place through the gross value-added (GVA) route, consumption through increased digital payments, and the employment route. Let’s examine each of these. The report claims that the share of the...
More »Meeting the IMF, RBI forecast of 9.5% GDP growth this year now a challenge, says Dr Rangarajan -E Kumar Sharma
-Financial Express Dr Rangarajan feels that perhaps we may end the year with GDP growth in the region of 7 or 8 per cent. The much awaited news on the second quarter Gross Domestic Product (GDP) numbers showing a growth of 8.4 percent as compared to 7.4 percent contraction in Q2 2020-21, has come as a dampner. Economists now see serious challenges in India being able to hit the full year GDP...
More »In Gurugram, the number of namaz sites has shrunk to 20 from over 100 in three years -Aishwarya Iyer
-Scroll.in Now, open spaces for Friday prayers could disappear altogether. On November 24, Hindu residents of Gurugram’s Khandsa village sent the district deputy commissioner a letter. A field where the local children play cricket, they complained, was being used by Muslim worshippers for Friday prayers. On November 19, the letter claimed, children who had gone there to play had been told rudely to clear the grounds. “There is fear in the minds...
More »What record warm winters mean for glaciers in the Everest region -Abhaya Raj Joshi
-TheThirdPole.net A new study suggests that Himalayan glaciers may be melting even during winter, when they were previously believed to remain stable In late winter 2020, glaciologist Sudip Thakuri visited Kalinchowk, a peak in the Himalayas around 144 km west of Kathmandu. He was surprised by what he saw. The destination, popular among Kathmandu residents seeking a sight of snow-covered mountains, wasn’t as thickly blanketed in white as in previous years. Later...
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