-Livemint.com Low incomes and poor farm-gate prices capture the reality of relentless distress in our hinterland National accounts data released last month estimated that the economy has contracted by 7.5% in the second quarter of 2020-21 compared to last year. For many, this was a sign of recovery, given expectations that India’s gross domestic product (GDP) would contract by around 10%. It is, no doubt, an improvement from the 23.9% GDP decline...
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Farmers' protests causing loss of Rs 3,500 crore everyday
-The New Indian Express The ongoing standoff between the Centre and farm bodies, if not resolved soon, may impinge on the economy, which is already struggling to get on a Growth trajectory amid the COVID-19 pandemic. NEW DELHI: The week-long farmers’ agitation that has caused supply chain and logistics disruption in several parts of the country is resulting in a daily loss of Rs 3,000-3500 crore, according to estimates from Assocham. The ongoing...
More »Govt citing lack of fiscal space for reluctance to provide adequate support to economy is odd -Jahangir Aziz
-The Indian Express What needs to be ensured is that the recovery is not hamstrung by damaged household and SME balance sheets because of the extended loss of wages and incomes. This requires extensive income support now. Sometimes we miss the forest for the trees, and at other times the trees themselves become the story. That seems to be the case with India’s 3Q20 GDP print. Some have exulted over headline Growth printing...
More »Farmers’ concern: Will lose land to corporates because of the new laws -Sukrita Baruah , Raakhi Jagga , Amil Bhatnagar and Harish Damodaran
-The Indian Express With farmers rejecting the government’s offer and deciding to continue their protest against the farm laws, The Sunday Express meets some of the farmers camping at Delhi’s borders, and visits their families and farms back home, to find a shared concern — a sense of despair over falling crop prices. Kurukshetra, Ludhiana, Moga, New Delhi, Patiala: Many countries experiencing rapid Growth and rising prosperity, which may even be over...
More »Fertility rate falls in major states but rises in Kerala -Sumi Sukanya Dutta
-The New Indian Express While the state now has a TFR of 3, as compared to the last survey when it stood at 3.4, Kerala and Goa are among 8 states where the sex ratio at birth has worsened. NEW DELHI: Even as the Centre has expressed its intent of adopting measures to control population Growth, the total fertility rate in a large part of the country has shown a considerable fall...
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