-Down to Earth Increasing budgetary allocations towards Rural Employment Guarantee Act is non-negotiable The agriculture sector has continued to serve as a lifeline at a time when the novel coronavirus disease (COVID-19) pandemic has hurt every economic activity in an unprecedented manner. It has not only ensured food supply but also provided livelihoods to daily-wage workers during the lockdown, providing the last resort for those rendered homeless. The Union Budget 2021-2022 to...
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India only key nation with double-digit growth in FY22: IMF
-The Indian Express In its latest World Economic Outlook Update, released Tuesday, the IMF predicted that China would grow 8.1 per cent in 2021, followed by Spain (5.9 per cent) and France (5.5 per cent). The Indian economy will stage a strong rebound and grow as much as 11.5 per cent on year in FY22, the International Monetary Fund (IMF) said on Tuesday, revising up its earlier forecast of an 8.8 per...
More »One out of five in informal sector are out of work post lockdown -Prashant K Nanda
-Livemint.com More than two-thirds (69%) of those employed in February had lost work during the lockdown, the survey said Almost one out of every five workers in the informal sector are either out of labour market or remain unemployed, said a new survey by the Azim Premji University for the post-lockdown October-December period found. The survey showed that while 3% were unemployed and 4% more were out of the labour market in the...
More »BoB chief warns of rising stress in retail and small businesses -Shayan Ghosh
-Livemint.com Public sector lender Bank of Baroda (BoB) on Wednesday warned of rising stress in the coming months, possibly emanating from the retail and small business segments as a fallout of covid-19 stress Public sector lender Bank of Baroda (BoB) on Wednesday warned of rising stress in the coming months, possibly emanating from the retail and small business segments as a fallout of covid-19 stress. “The kind of stress we are seeing now...
More »Why the Dangs has not been able to implement FRA properly -Kankana Trivedi
-Down to Earth The ‘real owner’ of forest land is still the forest department. Such brazen violation of the law betrays a systematic attempt to implement FRA, reducing it to a symbol rather than a tool of empowerment The Dangs, the smallest district in Gujarat, is a thickly forested and tribal-dominated region that has been away from the ‘developmental’ paradigm till today. Some 77.5 per cent of its area is under forest cover,...
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