Tuesday, 25 January, 2022
TopicEconomic Recovery

Topic: Economic Recovery

Why Modi govt shouldn’t believe jugaad or Band-Aid solutions can sustain economic revival

Will the new Omicron variant set the clock back and dampen the spirits? Modi govt would be naïve to believe RBI and not plan for recovery of the Indian economy.

Omicron worries hit Indian economy just when it seemed poised to recover lost ground

Uncertainties around the variant could potentially increase restrictions, impacting the nascent recovery visible in the contact-intensive sectors.

High commodity prices, ‘low baseline effect’ — what’s driving India’s record high exports

Indian merchandise exports have hit an all-time high of $235 billion from April-Oct. Analysts say this is due to a sharp recovery from low baseline levels during the pandemic last year.

India’s resilient V-shaped recovery still intact despite Covid 2nd wave: Finance Ministry

In its latest Monthly Economic Review, the Finance Ministry said growth of Indian economy by 20.1% in the first quarter was a testimony to India's strong macroeconomic fundamentals.

India’s industrial output grows by 13.6% in June

The mining output climbed 23.1% and power generation increased by 8.3% in June. Last year, the IIP had contracted 16.6% in June.

Why the Indian economy won’t get a V-shaped recovery this time

Apart from fading growth momentum and private health expenditure crowding out discretionary spending, pressured rural wages will be the other reason to rule out a quick revival.

India risks becoming Latin America on the ‘Great Gatsby Curve’, must manage its fisc better

Curve tracks intersection of inequality with how likely it is for next generation to move up economic ladder. Big Latin American economies are worst at that.

Only one state prioritised health post-lockdown as India rushed to open economy, finds study

In the fourth quarter of 2020, Indian states were preparing for a post-pandemic world, without improving the readiness for a future Covid-19 wave.

These 4 factors will shape how Indian economy rebounds from shock of Covid second wave

Current lockdowns, fear & uncertainty are driving down growth, but with second wave slowing, there’s hope that economic activity will improve in next quarter.

Modi govt has made a mockery of Covid crisis, high time it gets serious about real solutions

Medicare capacity has to be increased at warp speed. Many companies and business sectors already suffer from ‘morbidities’, a fresh setback could push them over the brink.

On Camera

YourTurn

Liberals mourning India Gate flame must also recall some dark aspects of the colonial Army

The moving of the flame seems, to some, as part of an ongoing extinguishing of the Indian Army’s heritage of secularism, decency and righteousness.

South-East Asia’s SMEs are underperforming. Their ‘digital revolution’ depends on fintech

Digitisation of South-East Asia's economy during the pandemic is uneven. The growth in digital services has favoured individual consumers, not SMEs.

Defence

File photo of Scorpene-class submarine 'INS Vela', at the Naval Dockyard in Mumbai | ANI

Kamov choppers, submarine torpedoes among deals defence ministry will review this week

Ministry is reviewing all procurement under the ‘Buy (Global)’ category, under which equipment is bought directly from foreign manufacturers, amid govt's 'Atmanirbhar' push.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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