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Recent reports predict gloomy days ahead for the overall economy

Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of coronavirus pandemic on economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing economic and...

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Reality check: Indian economy is not larger than that of the UK -TCA Sharad Raghavan

-The Hindu The claim made by a magazine and carried by sections of media is not backed by data. The claim that the Indian economy has overtaken the U.K. economy in terms of absolute size, as made by a contributor to Forbes magazine and carried by sections of the Indian media, is not backed by data, an analysis by The Hindu of GDP data from the International Monetary Fund (IMF) and the...

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Sikkim the best place to work for women, Delhi at bottom of list: Report

-PTI Washington: Tiny northeastern state of Sikkim has the best working conditions for women, while national capital Delhi fared the lowest, according to a report. The report released by the Centre for Strategic and International Studies (CSIS), a top American think-tank, and Nathan Associates, gave Sikkim the highest possible 40 points while Delhi received just 8.5. The states were ranked according to four primary factors -- legal restrictions on women’s working hours in...

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Farmers in parched India village use crowdfunding to build canal -Saritha Rai

-Bloomberg When farmers in the scorched village of Horti in Western India were struggling to raise money for a canal, they turned to an unlikely source: a crowdfunding website called FuelADream. The farmers had never heard of crowdfunding before, but a local non-profit group suggested the site and helped them write a proposal that explained how a canal would help feed local families. Within weeks, they had raised Rs 300,000 ($4,490) from...

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Women missing from India’s workforce, says economic survey -Ashwaq Masoodi

-Livemint.com The Labour Force Participation Rate for women is significantly lower than that for males in both rural and urban areas, according to the survey New Delhi: In both rural and urban India, women are not present in significant numbers in the labour force, according to the Economic Survey 2015-16. Even though the proportion of the economically active population (15-59 years) increased from 57.7% to 63.3% between 1991 and 2013 (Sample Registration...

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