-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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Rajiv Khandelwal, co-founder and director, and Divya Varma, programme manager, policy and partnerships, of Aajeevika Bureau, interviewed by Civil Society News
-CivilSocietyOnline.com When millions of workers literally burst on to the scene during the sudden lockdown in India, the entire country was shocked by how vulnerable they seemed. They didn’t have housing, savings, healthcare and rights as employees. In their large numbers, they accounted for the majority of the workforce and yet there was no one to speak for them. The lockdown was expected to be a watershed moment because of this unsettling...
More »COVID-19, climate and carbon neutrality -Jairam Ramesh
-The Hindu In the post-COVID-19 world, we should make efforts to ensure that the ‘G’ in GDP is not ‘Gross’ but ‘Green’ History is divided into two periods: Before the Common Era or BCE and Common Era or CE. But given our experience this year, BCE could well stand for Before the COVID-19 Epidemic and CE for the COVID-19 Epidemic. To say that 2020 has been cataclysmic is to state the obvious...
More »Indian economy is heading for a K-shaped recovery and it won’t be a pretty sight -TN Ninan
-ThePrint.in K-shaped recovery means the growing gap between ‘winners and losers’. An example in India is the stock market being healthy while millions have lost their jobs. Amidst the flood of commentary that followed the finding that the world’s fastest-growing large economy had become its fastest-shrinking one, an observation that stood out was that India’s growth potential had dropped from 6 per cent to 5 per cent. Now, it has been obvious...
More »A new concern: early locusts -Parthasarathi Biswas
-The Indian Express Locusts normally arrive during July-October, but have already been spotted in Rajasthan. At a time India is battling Covid, they present a new worry with their potential for exponential growth and crop destruction. On April 11-12, scientists at the Locust Warning Organisation (LWO) observed groups of grasshoppers at Sri Ganganagar and Jaisalmer districts of Rajasthan. But far from ordinary hoppers, these were desert locusts — the same destructive migratory...
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