-Livemint.com * The supply chain disruption in poultry continues, further hurting the nutritional standards of poorer households * The current steep prices of items that make up the retail food basket—be it eggs, pulses or vegetables—is evidently taking a toll on millions of Indian households NEW DELHI: Banks should not advance large loans to farmers, least of all to those in the poultry business, an exasperated Ramesh Mehla said over the phone. He...

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

-The Hindu These families are on the brink of urban poverty, forced to do what they once thought was impossible — borrowing for their children's school fees, defaulting on EMIs, falling back on rent, cutting down on necessities. Mumbai: MANY locks in the nation’s financial capital are being opened one by one, new Covid numbers are falling but most doors — or windows — to any opportunity to earn are still firmly...

-Down to Earth Complex groundwater systems cannot be controlled or predicted, but need to be better managed and made more efficient The Central Ground Water Authority’s (GGWA) latest guideline — banning the grant of no-objection certificates (NoC) for extracting groundwater to all new industries coming up in ‘over-exploited’ areas — is yet another duplication of previous failed policy regulations. By implication, the new regulatory policy is not pretentious about looking at the problem...

-The Hindu The economic situation warrants enhanced government expenditure; the policy challenge is to minimise the growth fall India’s growth in the first quarter of 2020-21 at (-) 23.9% showed one of the highest contractions globally. Global growth prospects for 2020 have been projected by a number of multilateral institutions and rating agencies including that for India. The 2020-21 real GDP growth for India is forecast in the range of (-) 5.8%...