-Networkideas.org The GDP growth in the first quarter (April-June) of 2020 over the first quarter of the previous year has been minus 24 per cent according to preliminary official estimates. But most knowledgeable people believe that even this is an underestimate of the actual contraction brought about by the lockdown. In fact, a former chief statistician of India, Pronab Sen, believes that the actual contraction would have been about 32 per...
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Explained: UP, Bihar, Bengal see biggest jump in new NREGA job cards -Harikishan Sharma
-The Indian Express Consider this: From April to August, over 83 lakh additional households or 1.6 crore persons joined the NREGA labour force by getting job cards, taking the number of families under the scheme to an all-time high of 14.36 crore. This summer, as millions of migrants returned to their villages amid a rise in Covid cases, another chart climbed steadily: the number of households enrolled under the Mahatma Gandhi National...
More »Extreme rains lead to more rural farmer suicides than droughts: Study -Jayashree Nandi
-Hindustan Times The international study includes data from Indian rural areas while measuring the impact of some weather events on suicides. Not only drought but flooding or even extreme rainfall leading to excess water availability is linked to higher cases of suicides among those above the age of 15 years in rural areas, a new study has suggested. In an analysis of 9,456 suicides between 2001 and 2013 in randomly selected rural areas,...
More »New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »A guide to flattening the curve of economic chaos -Jayati Ghosh
-The Hindu Well-thought-out policies can reverse the results of incompetence; the onus is on the Centre to spend now Now it is official: India has managed to become the global leader in the number of new daily cases of COVID-19 and the worst performing of all major economies during the pandemic so far. How did we manage this double feat? Not through ‘acts of god’, but because of the incompetence and apathy...
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