-National Herald Why do we cry now that this government doesn’t care about those who suffered and died from COVID? They felt nothing as millions of Indians struggled after notebandi on Nov 8, 2016 The anniversary of Narendra Modi’s demonic demonetisation is tomorrow, November 8. If people really ever believed that “Acche din” (good days) and “vikas” (development) were on their way, they knew in their heart of hearts at 8 pm...
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Charting a trade route after the MC12 -Biswajit Dhar
-The Hindu An upbeat global trade scenario provides an ideal setting for Trade Ministers to correct iniquitous rules and provisions The World Trade Organization (WTO)’s 12th Ministerial Conference (MC12) is being convened in Geneva, Switzerland at the end of this month, a year-and-a-half after it was scheduled to be held in Kazakhstan (June 2020, but postponed due to the novel coronavirus pandemic). The MC12 is being held at an important juncture when...
More »India’s Coal Crisis -CP Chandrasekhar
-NetworkIdeas.org In recent weeks the media have featured stories bordering on the alarmist about a coal shortage in India. Coal inventories with thermal power plants had fallen to levels at which major country-wide power outages seemed inevitable. Fortunately, that has not (as yet) materialized, but it is indeed true that coal inventories with the power producers did collapse from the equivalent of around 30 days requirement to that for a couple...
More »Alarm bells in 53 European, Central Asian countries, WHO warns of new COVID wave -Meenakshi Ray
-Hindustan Times COVID-19 cases had risen in Europe for the fifth consecutive week, making it the only world region where the infections are still increasing, WHO's headquarters in Geneva said on Wednesday. As many as 53 countries in Europe and Central Asia face the “real threat” of a resurgence of the coronavirus pandemic in the coming weeks or are already battling a new wave of infections, exacerbated by the more transmissible Delta...
More »How India’s informal economy is shrinking, and why that’s good news in the long term -Ila Patnaik and Radhika Pandey
-ThePrint.in Greater formalisation will see a shift from low-paying, labour-intensive jobs in informal sector to more productive, formal-sector jobs. This could lead to disruption in short term. A report issued by the State Bank of India (SBI) last month estimated that India’s informal economy has shrunk to 15-20 percent of the GDP in 2020-21 from 52 percent in 2017-18. The report uses employment and digitisation to assess the extent of formalization in...
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