-Livemint.com/ PTI * 'Despite being the worst affected sector in Q1(due to lockdown), it is quite puzzling how manufacturing turned itself around in Q2,' says Soumya Kanti Ghosh, Group Chief Economic Adviser, SBI * There is evidence of inventory buildup that could act as a drag on future manufacturing growth, says Ghosh New Delhi: The surprise resilience shown by the manufacturing sector that restricted GDP contraction to only 7.5 per cent in September...
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Refining Trade union strategies to strike a chord -KR Shyam Sundar
-The Hindu With labour law reforms set to change industrial relations, Trade union responses must include social dialogue too Ten central Trade unions (CTUs) have called for a nation-wide strike on November 26, 2020 to condemn what they consider to be the anti-people, and anti-labour economic policies of the government. This follows strikes in the coal and defence sectors protesting privatisation and the corporatisation policies of the government. It is essential to...
More »India’s no to RCEP could still be a no -Biswajit Dhar
-The Hindu The circumstances under which New Delhi had distanced itself from the RCEP negotiations have hardly improved Last week, 15 East Asian countries agreed to take their economic integration several notches higher by forging the Regional Comprehensive Economic Partnership (RCEP), the largest free Trade agreement (FTA) ever. In 2019, RCEP members accounted for about 30% of world output and population and 28% of world Trade. But more importantly, about 44% of...
More »Human development index: India performs worse than G-20 developing countries -Rajiv Shah
-Counterview.net A new book, “Sustainable Development in India: A Comparison with the G-20”, authored by Dr Keshab Chandra Mandal, has regretted that though India’s GDP has doubled over the last one decade, its human development indicators are worse than not just developed countries of the Group of 20 countries but also developing countries who its members. The G-20 – consisting of Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan,...
More »India expresses concern over EU’s Green Deal, possible carbon taxes -Amiti Sen
-The Hindu Business Line New Delhi asks EU for more details, calls for legal analysis of deal India, the US and a few other countries have expressed apprehensions over the European Green Deal and the impact of carbon border taxes that could be imposed on imports once the proposed Carbon Border Adjustment Mechanism (CBAM) is implemented. India has called for a legal analysis of the deal, a Geneva-based Trade official said. “As many...
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