The just released first quarter economic growth report is an indicator of economic recovery. But that is not all. The National Statistical Office has reported that India's Gross National Income grew by 20.1% in April to June quarter of this financial year compared to minus 24.4% of the last year's s...
Findings from a recent medical research related to human psychology and nervous system has found some significant relevance in the global economic system which is facing a financial crisis. In the ongoing pandemic, a large section of people has lost their jobs. The loss to life has also been enormou...
Finance Minister Nirmala Sitharaman recentl announced a pipeline of assets that the government plans to monetize. The government, through the National Infrastructure Pipeline (NIP), has a target to collect six lakh crore rupees in the coming four years ending 2024-25. Out of this Rs. 88,000 crore wi...
The Indian government is going to slash the number of rates of the Goods and Services Tax (GST) to three from five. This is a welcome move. It has been a longstanding suggestion by many experts and opposition partieslike the Indian National Congress that a large number ofGST rates is counterproducti...
The Periodic Labour Force Survey (PLFS) 2021 has been published recently. It is conducted by the National Statistical Office under the Ministry of Statistics and Programme Implementation of the Government of India. The survey covers the period between July 2020 to June 2021. One of the important tak...
The perspective and the importance of the sector Agriculture and allied activities contribute about 15% of the total gross value added (GVA) of India. Out of this, the livestock and dairy sector contributed about 28% of the whole sector in FY 2019-20. The milk sector has been growing by 6...
Different government agencies have procured 132.08 lakh MT of wheat in Punjab. It is beyond the target set by the Punjab government. The state targeted the procurement of 130 lakh MT of wheat. The mode of payment was direct payment to the farmers. It is known that more than nine lakh farmers i...
Historically, there have been times when nations stood at crossroads in taking decisions for their advancements. In the pandemic situation, many countries including India have been in a similar state. The rising economic inequality, unemployment, extraordinary uncertainty over different aspects of l...
There are some favourable signs of economic recovery in the Indian economy. The first one is the rate of growth of core sector outputs. The core industry output in last May, compared to the same month of FY 2020, has risen by 16.8%. The core sectors of the Indian economy include coal, cr...
India’s Gross Domestic Product (GDP) contracted by 7.3% in the last FY 2020-21 - as per the recently released provisional national income estimate. There is a common notion that the impact of the pandemic has been minimal on the agricultural sector in India. However, that is not the wh...
