-The Hindu Business Line Gross non-performing assets of banks could rise to 11 to 11.5 per cent this fiscal CRISIL Research has stated that the current coronavirus pandemic could lead to a four per cent permanent loss to real indian gross domestic product (GDP) and said that more fiscal stimulus will be required. Most economies across the globe are unlikely to see normal conditions until 2022 due to the current coronavirus pandemic and...
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Research firm Nielsen slashes FMCG growth forecast for 2020 -Meenakshi Verma Ambwani
-The Hindu Business Line Q1 value growth at 6.3 per cent for the FMCG industry Nielsen on Thursday has slashed its annual growth forecast for india's FMCG sector to mid-single digits in the range of 5-6 per cent for the calendar year 2020, as the world grapples with the Covid-19 pandemic. It had earlier predicted growth to be in the range of 9-10 per cent for india's FMCG sector for the full...
More »Environment ministry is attempting to dilute environmental regulations during the lockdown, alleges NAPM
-Press release by National Alliance of People’s Movements, dated 30th April, 2020 Even as the country is reeling under the impacts of the lockdown and coping with a pandemic, the Ministry of Environment, Forests and Climate Change (MoEFCC) has made a time-bound call for comments on the draft Environmental Impact Assessment Notification (EIA) 2020, published on its website on 12th March, 2020. The National Alliance of People’s Movements condemns this ill-timed...
More »Behind move to resolve migrant crisis, a warning to BJP Chief: Sources -Sanket Upadhyay
-NDTV The government had issued a set of guidelines on Wednesday for the movement of all stranded people, migrant labourers, students and tourists, and asked states to follow up with the formation of nodal authorities. New Delhi: The government's move to allow stranded migrant labourers to go home has been spurred by concerns about a political fallout, sources have told NDTV. The issue was flagged at a recent meeting between BJP chief...
More »Limitations of online learning -Shyam Menon
-The Hindu Direct human engagement is a crucial component of education india has been under lockdown in a desperate attempt to contain the COVID-19 pandemic. Even when the lockdown gets lifted eventually, the government may not allow large congregations in restricted physical spaces, including campuses. Universities and colleges were in the middle of the second semester of their academic year when the lockdown was enforced. There was anxiety, particularly about the graduating batches...
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