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Migrant workers' deaths: Govt says it has no data. But didn't people die? Here is a list - Mukesh Rawat

-indiaToday.in The Modi govt has told Parliament it does not have data of migrant workers who died during the lockdown. india Today sheds light on data documenting those who died while desperately trying to reach their homes. While presenting the Union Budget 2020 in Parliament on February 1, Finance Minister Nirmala Sitharaman outlined the importance of data and said that in order to meet challenges of real-time monitoring of india's increasingly complex...

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An economic disaster foretold -Amit Bhaduri and Deepankar Basu

-The Hindu The reported contraction of the economy is likely an underestimate for reasons of omission and commission According to data released by the Ministry of Statistics and Programme Implementation of the Government of india on August 31, 2020, real quarterly GDP contracted by a whopping 23.9% between April-June 2019 and April-June 2020. This magnitude of real GDP decline is unprecedented since the country started publishing quarterly GDP estimates in 1996. This...

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China loan horse without a mouth -Imran Ahmed Siddiqui

-The Telegraph Modi govt formally confirms that india took two loans totalling Rs 9,202 crore from a Beijing-based multilateral development bank in the thick of the border standoff June 15: Chinese troops kill 20 indian soldiers in the Galwan Valley. June 19: india signs a loan agreement with the Asian Infrastructure Investment Bank (AIIB) for $750 million (Rs 5,521 crore) to support measures undertaken under the Pradhan Mantri Garib Kalyan Yojana (PMGKY). China...

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Impact of Covid-19 Pandemic on the indian Economy: A Critical Assessment by R Ramakumar and Tejal Kanitkar

-National Institute of Advanced Studies (NIAS), Bengaluru, Working Paper: NIAS/NSE/EEP/U/WP/18/2020 The paper entitled Impact of Covid-19 Pandemic on the indian Economy: A Critical Assessment by R Ramakumar and Tejal Kanitkar provides an analysis of the economic impact of the Covid-19 pandemic in india. First, using secondary data published by various sources, the paper attempts to document the trajectory of the infections and the lockdown in india. Secondly, the paper explains the...

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Tumbling down -Renu Kohli

-The Telegraph The slump in the GDP and the pain ahead The -23.9 per cent shrinkage in the April-June GDP is not a surprise as nearly half the period witnessed a national lockdown. It’s also not surprising that this loss is the world’s steepest for india’s lockdown was the most stringent and the accompanying fiscal policy response the weakest. But the quarter per cent slump did surprise most analysts who have since...

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