-The Hindu Growth impulses remained fragile, manufacturing output tanked 9.5% After touching a six-month high in May, India’s retail inflation was virtually unchanged in June at about 6.3%, remaining out of the central bank’s comfort zone for a second month in a row. Economists expect the Reserve Bank of India (RBI) to revisit its inflation estimate of 5.1% for 2021-22 and stressed that lack of fiscal policy action to cool prices could precipitate...
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Why Exactly Did India Need a Brand New Ministry for Cooperatives, With Amit Shah As Head? -M Rajshekhar
-TheWire.in Cooperatives are useful for political parties in two ways – they are a font of funds as well as handy for dispensing patronage. A day before the reshuffle, Narendra Modi’s National Democratic Alliance government created a new Ministry of Cooperation. It would provide, said its statement, a separate administrative, legal and policy framework for strengthening the cooperative movement in India. A day later, it announced Union home minister Amit Shah would also head...
More »Trade unions, industries paint a grim picture of employment scenario -AM Jigeesh
-The Hindu Business Line Trade union seeks urgent measures to alleviate pain of joblessness, drastic fall in income Trade unions and industrial associations painted a grim picture of the unemployment scenario in the country at a recent meeting of the Labour Standing Committee. The trade unions demanded urgent measures such as direct cash transfers to address job loss and wage loss, while the representatives of industries demanded a re-look at the current...
More »Government infrastructure spending sees steep fall in Q1 -Vikas Dhoot
-The Hindu Fresh investments dip by 18% overall The second wave of COVID-19 and a steep decline in new investment projects from government agencies dented fresh investment plans in the economy by 18% in the first quarter of 2021-22, compared to the previous quarter. Despite the government’s stated push for capital spending to revive the economy, public infrastructure investments almost halved compared to the January-March quarter, bringing total outlays on new infrastructure plans...
More »Is it a Case of 'Meat-versus-Planet'? Lessons for the Global South -Aravindhan Nagarajan
-TheIndiaForum.in Claims that the livestock sector is a high emitter of greenhouse gases have led to calls for moving towards plant-based diets. These prescriptions rest on flawed assumptions; they also ignore the nutritional needs of the working poor in the Global South. The livestock sector has widely been reported to be a high emitter of Green House Gases (GHGs). International media outlets have — wrongly — claimed that ‘cows emit more than...
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