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Compared to other South Asian countries, India fares poorly in terms of food and nutrition security, indicates SOFI 2020 report

In his Mann ki Baat speech delivered on 30th August, 2020, Prime Minister Shri Narendra Modi said that the month of September 2020 will be observed as Nutrition Month (POSHAN Maah) in the entire nation. In his address to the nation on that day, he highlighted that for children to be well-nourished, the mother should receive proper and adequate nutrition. In this context, it is important to discuss the 11 different...

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What GDP numbers didn’t tell -Surajit Das

-TelanganaToday.in Pvt consumption and investment (90% of GDP) have shrunk 35% and revised numbers could present a scarier picture On 31st August, the National Statistical Office (NSO) came out with the provisional estimate of the GDP. According to this, the GDP shrunk by 23.9% during April, May and June as compared with the first quarter of the last financial year (2019-20). Aggregate private final consumption expenditure contracted 26.7% and investment (including gross...

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Economy: steepest GDP decline on record -R Suryamurthy

-The Telegraph The last time that India faced a full-year contraction in its real GDP was in 1980 The Indian economy shrank by 23.9 per cent in the first quarter ended June 30, signalling that the road to recovery would be more arduous than most economists have projected. It marks the steepest decline since the National Statistical Office (NSO) started quarterly measurement of gross domestic product (GDP) in 1996. The slide in real GDP...

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Fears of contraction, GDP data today will mark Covid effect & phase of recession -Aanchal Magazine

-The Indian Express With economic activity severely disrupted in the first two months of this fiscal, hit hard by a series of localised lockdowns and rising Covid-19 cases, GDP contraction for the first quarter is being pegged at an average 20 per cent by economists, with the de-growth range between 15.2 per cent and 25.5 per cent. The April-June Gross Domestic Product (GDP) will mark India’s entry into a recessionary phase —...

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For the first time, farm sector set to grow even as GDP sees a contraction -Harish Damodaran

-The Indian Express The country’s GDP registered an annual decline, at minus 5.2%, last in 1979-80. But that year also recorded negative growth for agricultural GDP, at minus 12.8%. April-June may be the first time that India’s economy would contract year-on-year since the government started coming out with quarterly estimates of GDP from 1996-97. But the data for the quarter, to be released by the National Statistical Office on August 31, could...

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