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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

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Lessons from Vietnam and Bangladesh -Ajay Srivastava

-The Hindu With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam’s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them? Two nations and their success stories An open trade policy, a less...

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Farmers Across 20 States Block Roads to Protest Against Farm Laws

-The Indian Express Farmers participated in the protests at more than 5,000 locations across India, and similar demonstrations in larger numbers are expected to be held in New Delhi later this month. New Delhi: At least one million farmers across 20 states took to the streets on Thursday against the three recently passed agriculture laws and the proposed Electricity Amendment Bill, All India Kisan Sangharsh Coordination Committee (AIKSCC) leader Avik Saha told...

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Gujarat: No mobile tower, drinking water, Electricity supply; villagers boycott bypolls in Kaprada, Morbi -Kamaal Saiyed and Gopal Kateshiya

-The Indian Express Twenty-six villages in Pardi taluka fall under the Kaprada Assembly seat. Tarmaliya, with around 700 voters, is located in the most interior parts of the constituency. Rajkot, Surat: AROUND 40 students at Tarmaliya village in Pardi taluka of Valsad district, which falls in Kaprada Assembly constituency, boycotted the by-elections Tuesday for want of a mobile tower. In the absence of a mobile tower, the students claimed, they had to...

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Opinion on extended nationwide lockdown varies on caste, religious lines -Sobhana K Nair

-The Hindu While the view about the Narendra Modi government’s culpability differs, the anger against the Nitish Kumar government on lack of employment opportunities is all pervasive Purnia/ Kishanganj: Seven months on after lakhs of migrant workers returned to their homes, many on foot, following the announcement of sudden and extended nationwide lockdown, the narrative on the ground in Bihar is divided over religious and caste lines. There are no official figures on...

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