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Topic: Manufacturing growth

Illustration by ThePrint Team

India’s bargaining power with China and US will grow in post-Covid world

If India fails to action key reforms, its geopolitical leverage will reduce and it will be forced to ally more closely with the US on less favourable terms.
Labourers with their faces covered at Khanna Mandi | Photo: Urjita Bhardwaj | ThePrint

India’s labour reforms trying what Bangladesh, China, Vietnam did — swap income for security

Labour market deregulation has created job opportunities for labourers. For instance, an average textile firm in India has 240 employees; in Bangladesh, about 800.
Representational image | Wikimedia Commons

Factories in districts with no Covid-19 cases could reopen as Modi govt looks to amend law

In a bid to restart manufacturing in the country, and improve the economy, the government will allow some factories to operate under strict conditions.
Car manufacturing plant

Coronavirus shrinks global manufacturing to its worst level since 2009

Production has plunged the most in almost two decades while the measure of new export orders also fell to the lowest since 2009.
Indian worker

Industrial production falls 0.3 per cent: NSO data

According to the National Statistical Office data, manufacturing sector output declined by 1.2 per cent compared to growth of 2.9 per cent in Januaro 2019.
Representational image | Dhiraj Singh/Bloomberg

RBI’s rate-setting panel member questions growth figures of 8.2% for June quarter

According to Ravindra Dholakia, new GDP series showed higher growth rate because corporate financial data was used for estimating manufacturing value added.

On Camera

A woman in a marketplace deserted due to lockdown in Lucknow, Uttar Pradesh | Photo: ANI

India isn’t facing up to the true financial cost of Covid

Truth is currently as scarce as capital in India. The govt doesn’t have the appetite for large-scale socialisation of private losses, lest the opposition accuse PM Modi of cronyism.

Defence

A file photo of Pangong Lake in Ladakh | Visharad Saxena | Special arrangement

India, China generals meet today as ‘PLA keeps up Pangong incursions, blocks army at Depsang’

The fresh round of dialogue comes as India and China have hit a stalemate in military talks with regard to disengagement at multiple flashpoints in Ladakh.
Illustration: Soham Sen | ThePrint

Modi redefined secularism with Ram Mandir as Hindu voters were fed up of Sonia-Left version

Assumptions that Indian secularism died with Ram Mandir bhoomi pujan are bunk. It is enshrined in the Constitution, and is worth preserving.