-The Tribune The bulk of assets with the ultra-rich who make up top 0.3% of our population RUPERT HOOGEWERF, better known by his Chinese name Hu Run, went to Eton College, a school for the rich and the well-heeled. It is fitting therefore that he should track the rich in China and India. His latest Hurun Wealth Report for India paints an interesting picture of the direction India’s economy has taken. We learn...
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China may have become more prosperous in comparison to India in 2020, estimates new study
During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...
More »China still ‘largest source of critical items’ for India -Ananth Krishnan
-The Hindu India is working on a multi-pronged strategy to reduce this reliance. China still remains the largest source of critical imports for India, from mobile phone components to pharmaceutical ingredients, and India is working on a multi-pronged strategy to reduce this reliance, which is a bigger concern than the imbalance in trade. “The trade deficit is not in dollars, it is in overdependence,” said Sanjay Chadha, Additional Secretary in the Ministry of...
More »Economics behind India’s rising child malnutrition -Udit Misra
-The Indian Express The latest National Family Health Survey data shows that in several parts of India, children born between 2014 and 2019 are more malnourished than the previous generation Dear Readers, Consider some of the biggest challenges facing the world — armed conflict, chronic disease, education, infectious disease, population growth, biodiversity, climate change, hunger & malnutrition, natural disasters, water and sanitation. What would be your response if you were given billions of dollars...
More »Questionable data, little room for exuberance -R Nagaraj
-The Hindu Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest The decline in the quarterly GDP growth rate, by 7.5% during July-September 2020 (FY 2020-21: Q2), compared to a 24% decline in the first quarter has raised expectations of a sharp economic recovery after the novel coronavirus pandemic and the national lockdown. But is such optimism justified? A tracker India’s GDP at current...
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