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.
It used to be Tatas and Birlas in the loose political rhetoric of the 1970s and the 1980s. Today, it is Adani and Ambani in the heated Lok Sabha election campaign.
About 300 employees had called in sick Wednesday, allegedly in protest against mismanagement of airlines. Remaining staff given ultimatum to rejoin work by end of Thursday.
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.
COMMENTS