-PTI/ The Hindu Consumption drag likely,says UBS unit Households have lost a whopping ₹13 lakh crore of their incomes from the pandemic-induced job losses, according to a report that also warns of the economy losing momentum by mid-2021 on a likely slowdown in consumption demand that has propped the economy in recent months. ‘Could slow by mid-2021’ Describing the growth momentum seen in the second and third quarters of FY21 as a positive surprise,...
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Why the battle of Bengal matters -Neelanjan Sircar
-Hindustan Times The BJP’s rise is remarkable. If the TMC still wins, it will offer a template on how to challenge a hegemon In West Bengal, the Bharatiya Janata Party (BJP) has emerged as the chief challenger to the ruling Trinamool Congress (TMC), which has ruled West Bengal for 10 years. This, in and of itself, is a major change in Bengal’s politics, where the BJP had never been much of an...
More »Explained: The Simlipal forest fire, and why it is a matter of concern -Aishwarya Mohanty
-The Indian Express A forest fire which started in Simlipal in February and has been raging for nearly a week now, was finally brought under control. How fire prone is the forest? What caused the fire, and how intense was it? Bhubaneswar: The Simlipal forest reserve area frequently witnesses forest fires during dry weather conditions. A fire which started in the biosphere reserve area in February and has been raging for nearly...
More »Closure of schools due to Covid impacted 247 million children in India: UNICEF
-The Indian Express The data released by UNICEF notes that more than 888 million children worldwide continue to face disruptions to their education due to full and partial school closures. As many as 1.5 million schools remained shut during 2020 due to the pandemic and lockdowns, impacting 247 million children enrolled in elementary and secondary schools in India, according to data released by UNICEF Wednesday. “Online education is not an option for all...
More »The pandemic has hampered social auditing of MGNREGA
When a massive sum of public money is spent on a programme like Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGA)--a demand-driven programme, there is likelihood of financial misappropriations and mismanagement. Thankfully there are checks and balances in the rural employment guarantee legislation to counter such malpractices. It is worth noting that the total allocation under the Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGA) for 2020-21 was Rs. 1,11,500.00 crore (R.E.), up...
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