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How China dominates tech Investments in India -Palak Shah

-The Hindu Business Line The Centre's decision to impose restrictions on Investments coming in from neighbouring countries especially China could have an impact on the start up segment. Chinese investors have already cornered major stake in 18 out of India’s top 30 Unicorns. A recent report by foreign policy think tank ‘Gateway House: Indian Council on Global Relations,’ has estimated China linked Investments in India’s tech start-up sector alone at $4 billion. These...

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Hans Timmer, World Bank's Chief Economist for South Asia, interviewed by Suhasini Haidar (The Hindu)

-The Hindu Disruptions in the supply chain and panic buying can lead to price spikes: Hans Timmer In a report released this month, the World Bank has predicted a ‘dire’ situation for South Asia due to the economic impact of measures to counter the novel coronavirus pandemic, suggesting that the eight SAARC countries (Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan, Maldives and Sri Lanka) will experience their worst economic performance in 40 years,...

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Economic liberalisation and its faults -KM Gopakumar & Ranja Sengupta

-The Hindu The virus reveals how dependence on private sector-led economic growth has proved to be disastrous  Dr. Manmohan Singh’s 1991-92 Budget speech marked the beginning of the end of the ‘Licence Raj’ in India. The Budget also announced the reduction of import duties and paved the way for foreign-manufactured goods to flow into India. Following this, most of the manufacturing sector was opened up to foreign direct Investment. India’s industrial policy...

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A time for extraordinary action -T Jayaraman & Tejal Kanitkar

-The Hindu An unprecedented scale of state Investment is required to lift up the Indian economy Even before the full impact of COVID-19 on the health of Indians is clear, the economic impact of the measures required to deal with the pandemic are already posing grave problems. The Indian economy was in dire straits even before COVID-19 reached our shores. Specifically, the lockdown and other movement restrictions, backed by scientific and political...

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COVID-19 lockdown locks down farmers’ income -Mayank Aggarwal

-Mongabay.com * India’s ongoing lockdown to control the spread of coronavirus is threatening the agriculture sector as it overlaps with the time of harvest. * The lockdown has derailed harvest preparation and lack of agricultural labour to help in harvest and restrictions on transportation of produce despite being given waivers as essential services. * Farmer leaders and agriculture experts criticised the relief package announced by the government to aid farmers impacted by the...

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