-Down to Earth Government spending has led to demand growth in rural areas; but what if it comes down? Rural India has emerged as the saviour of the shattered Indian economy. From Ratan Tata to the governor of the Reserve Bank of India, everybody is betting on the consumption demand growth in rural areas to boost the novel coronavirus disease (COVID-19) pandemic-stricken economy. There is a lot of talk on the ‘green shoots’...
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Explained: What is a technical recession? -Udit Misra
-The Indian Express Latest RBI bulletin projects contraction for a second consecutive quarter, which means the economy is in a ‘technical recession’. What does it mean, and how is it different from a ‘recession’ and a ‘recessionary phase’? In its latest monthly bulletin — for November — the Reserve Bank of India has dedicated a chapter on the “State of the economy”. The idea is to provide a monthly snapshot of some...
More »Recession: July-Sept GDP to contract 8.6%, estimates RBI
-The Indian Express The RBI, however, said the economy will break out of contraction of the six months gone by and return to positive growth in the October-December quarter of 2020-21. Mumbai: The Indian economy likely entered into a technical recession for the first time in history at the end of the first half of 2020-21, according to the Reserve Bank of India. After an unprecedented decline of 23.9 per cent in GDP...
More »Bihar Elections: Why Jobs Have Become the Key Issue -Subodh Varma
-Newsclick.in Double digit jobless rate, crashing women’s employment and absolute fall in number of employed have left people in th state devastated – and furious. Unemployment, it is often said, is death by a thousand cuts. It pushes families into hunger, snatches away children’s education, prevents medical care, and propels people into debt. And, if you are already poor and disadvantaged and living on the edge, unemployment is like a death sentence. A...
More »Dr Shailaja Fennell, PhD supervisor at the Centre of Development Studies and the Department of Land Economy, interviewed by Durganand Balsavar (The Hindu)
-The Hindu New research at University of Cambridge focuses on rural knowledge systems and sustainable practices to safeguard the ecosystem An academic with research interests in food production, rural development and gender equality in development interventions, Shailaja Fennell has worked on several international projects to promote sustainability and build resilience. She supervises M.Phil students at the Centre of Development Studies – University of Cambridge, and Ph.D students at the Centre of Development...
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