-The Hindu India needs a sharp revival of demand for which higher per capita incomes are necessary The provisional estimates of annual national income (2020-21), released on May 31 by the National Statistical Office, did not have any surprises, but for one, that is, there is nothing encouraging in the numbers. The agriculture sector continued its impressive growth performance, reiterating that it still remains as the vital sector of the economy, especially at...
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In Wake Of Covid-19, India’s Unfolding Pandemic Of Hunger -Dipa Sinha
-Article-14.com As the Supreme Court orders community kitchens for the poor and ration cards made usable anywhere in India by 31 July 2021, that still excludes more than 100 million without ration cards. As hunger rises, and nutrition schemes to women and children are disrupted, we explore what can be done. New Delhi: The Covid-19 pandemic shrank India’s economy by -7.3% in 2020-21, an estimated 66% of those interviewed in one survey...
More »Over 7.5 Million Jobs Lost in April: Experts Call for Fresh Relief Package for Marginalised -Ronak Chhabra
-Newsclick.in According to CMIE data, the national unemployment rate in April registered a four-month high of 7.97% – with urban and rural joblessness at 9.78% and 7.13% respectively – as against the previous month’s figure of 6.50%. The recent surge in COVID-19 cases has sent the pandemic spiralling anew in the country, with its impact visible not just on the already strained healthcare infrastructure but also on the economic front – particularly...
More »Are we listening to the lessons taught in the first year of Covid-19? -Ashish Kothari
-The Indian Express The pandemic revealed the precarious state of India’s informal sector. Localised production, trade and markets offer a better alternative to existing paradigm of development. Another wave of COVID, another round of lockdowns, another long journey back home for migrant workers. If there is one lesson we are learning after a year of COVID-19, it is that we have not learnt any lessons, at least not the crucial ones. 2020 exposed...
More »Fears of contraction, GDP data today will mark Covid effect & phase of recession -Aanchal Magazine
-The Indian Express With economic activity severely disrupted in the first two months of this fiscal, hit hard by a series of Localised lockdowns and rising Covid-19 cases, GDP contraction for the first quarter is being pegged at an average 20 per cent by economists, with the de-growth range between 15.2 per cent and 25.5 per cent. The April-June Gross Domestic Product (GDP) will mark India’s entry into a recessionary phase —...
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