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India needs consumers, but RBI survey shows it won't get them soon enough -Aparna Iyer

-Livemint.com Consumer confidence indices, an output of RBI survey of 5,300 households spread across 13 cities, fell to a historic low in May. The future expectations index dropped to 97.9 in May from 115.2 in March MUMBAI: As the covid-19 pandemic continues to spread, India’s economy has lost its main engine of growth: Consumption. A survey by the country’s central bank shows how stark is the pessimism among Indians. It also gives various...

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Self reliance and FDI dependence -Surabhi Agarwal, Bobby Ramakant and Sandeep Pandey

-The Indian Express Privatisation does not make a self-reliant nation. A decentralised, people-centric approach to development will help Mahatma Gandhi’s conception of self-reliance was of simple living and self-sufficiency. The basic idea was to use local resources and a local workforce for the production of commodities for local Consumption to the extent possible, with minimal dependence on the outside world. But the Indian government’s clarion call for “Atmanirbhar Bharat” (self-reliant India) has...

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Re-imagining food systems crucial for climate, economic resilience: Nutrition report -Chinmayi Shalya

-Down to Earth Novel coronavirus disease (COVID-19) pandemic pushes government to act on reforms of food systems with urgency Food systems must be inclusive, local and diverse to address food security and malnutrition and build economic and climate resilience, according to the latest 2020 Global Nutrition Report. The report — released by the Stakeholder group — placed equity as the cornerstone of all efforts to overcome global malnutrition and insisted on policy...

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Boost wages to stimulate India’s growth -Jayan Jose Thomas

-The Hindu The economic crisis can be overcome only by raising the Consumption of and investment for the poor Impoverishment among English workers during the early years of the Industrial Revolution had prompted Leicester framework knitters to frame this resolution in 1817: “… if liberal Wages were given to the Mechanics in general throughout the Country, the Home Consumption of our Manufactures would be immediately more than doubled, and consequently every hand...

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Misconceptions about COVID-19 result in poultry value chain erosion -Deepak Tushir and Ajit Kanitkar

-VillageSquare.in The poultry value chain suffered a macro tragedy due to rumors linking the pandemic and chicken Consumption. Compensation to women poultry farmers, infusion of capital and logistics permission can restore the sector Hoshangabad (Madhya Pradesh): In the earlier write-up, we had presented how COVID-19 has impacted the life and livelihood of women poultry farmer producers losing an assured source of income of about Rs 50,000 a year. The macro consequences are...

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