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.
Current lockdowns, fear & uncertainty are driving down growth, but with second wave slowing, there’s hope that economic activity will improve in next quarter.
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.
At current vaccination pace, India would’ve taken 2 years to cover the entire population. New vaccines can speed up that process, and provide other benefits too.
Shaktikanta Das said a lockdown, like the one experienced last year, is unlikely and asserted there was no need for a downward revision of RBI's 10.5% GDP growth forecast for FY22.
Govt wants to sell 12.1 trillion rupees of bonds in next fiscal to support its spending plan, but central bank officials are reluctant to let the 10-year yield increase.
IMF’s chief economist says India should continue providing support in cash and kind, allocate more to MGNREGA to reduce inequality and poverty post pandemic.
The impact of Covid pandemic has been profoundly disproportionate across different segments of populations and disrupted the development roadmap for South Asian economies.
Ship of Theseus director Anand Gandhi moved to Goa to synthesise big ideas and build an Indian sci-fi mythiverse with MAYA. ‘In a way, the job title in the East for this enterprise is the Buddha.’
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
COMMENTS