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Economy yet to recover from the body blow of demonetisation, admits Economic Survey -Mayank Jain

-Scroll.in The Economic Survey stated that long term benefits of the exercise are yet to materialise. It is now over nine months since the government suddenly withdraw 86% of India’s currency in November but India’s Chief Economic Advisor Arvind Subramanian remains unsure if this note ban or demonetisation actually helped any sector of the Indian economy, the latest volume of Economic Survey tabled in Parliament on Friday suggests. The Chief Economic Advisor...

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Disturbing trend: Why is India's unemployed youth not looking for jobs?

-The Economic Times Data suggests that India's unemployed youngsters are not looking for jobs. In January 2017, there were 408.4 million employed people in the country. The number of those who were unemployed and seeking jobs was 25.9 million. Seven months later, by the end of July, the number of employed fell to 405.4 million. But the number of those looking for jobs also fell to 13.7 million, according to a report...

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Japanese Encephalitis in Gorakhpur: A deadly disease explained -Vidya Krishnan

-The Hindu Gorakhpur offers the only tertiary care centre for Japanese Encephalitis with 100 dedicated beds. * What is Japanese Encephalitis? Japanese Encephalitis (JE) is a mosquito-borne viral infection of the brain. There is, however, a debate about the origin of the disease and whether it is enteroviruses — caused by virus found in pigs and birds. There is no cure for JE. * Why only Gorakhpur? While Gorakhpur has a considerable burden of disease,...

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46 killed as massive landslip buries vehicles in Himachal Pradesh -Kanwar Yogendra

-The Hindu Most of the victims were travelling on two Himachal Pradesh roadways buses Shimla: At least 46 people have been killed and many more injured in a massive landslip at Kotrupi on the Mandi-Pathankot National Highway near Jogindernagar in Himachal Pradesh on Sunday morning. Two Himachal Pradesh roadways buses and some light vehicles were buried, when the disaster struck around 1 a.m. The vehicles were halting for a break at a place...

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Economy will decelerate if States resort to farm loan waivers

-The Hindu Business Line Total burden could swell to Rs. 2.7 lakh cr New Delhi: Farm loan waivers could be detrimental to the economy as they could reduce aggregate demand by 0.7 per cent of GDP, imparting a significant deflationary shock to the economy, the Survey said. There is visible farm stress, even though it is not as widespread as it is made out to be, the Survey said, adding that the drastic...

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