Tuesday, 17 May, 2022
TopicEconomic Recovery

Topic: Economic Recovery

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.

Modi govt allowing foreign vaccines a welcome step, there are many economic & health benefits

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.

Rising Covid cases cause for concern but won’t impact economic recovery, says RBI Governor

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.

How bond traders are hurting India’s fragile economic recovery

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.

V-shaped recovery is on, but by 2022, India will grow only 2.4% over 2019-20 — Economic Survey

Economic Survey 2020-21 also states that fiscal slippage will be ‘transient’, criticises credit ratings for not capturing India’s ‘fundamentals’.

India must get rid of wasteful spending, have credible divestment plan, says Gita Gopinath

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.

4 ways South Asia can lead pandemic recovery and become the driver of global growth

The impact of Covid pandemic has been profoundly disproportionate across different segments of populations and disrupted the development roadmap for South Asian economies.

India’s fast economic recovery will surprise everyone in 2021-22: NITI Aayog’s Rajiv Kumar

Rajiv Kumar says Modi govt’s labour reforms and PLI scheme will boost industry and exports, and not joining RCEP won’t freeze India out of global markets.

The 5 factors that will determine the shape of the Indian economy in 2021

Economic recovery from pandemic has been faster than expected, but with Budget set to be presented next month, these factors need to be taken into account.

On Camera

YourTurn

Representational image | Photo: Dhiraj Singh | Bloomberg

Indian law needs to account for women, make finance inclusive

Indian women face multiple barriers in accessing finance in an equitable manner. Research suggests adding a gender lens to existing laws and financial products is crucial.
Vehicles at a petrol pump station in Bengaluru, on 4 March 2021 | Photo: Dhiraj Singh | Bloomberg

Heatwave sends Indians into air-conditioned cars for relief, petrol sales soar

Petrol sales have gone up 14% during 1-15 May from the corresponding period in April, a considerable amount especially in comparison to other fuels.

Defence

By special arrangement

Desi defence start-up helps Army go off decades-long dependence on imported cold-weather gear

While AROO does research on the product, manufacturing is handled by another company with which it has a tie-up. The first set of AROO gear was delivered in second half of 2021.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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