The Finance Minister, Nirmala Sitharaman has announced a series of measures in the name of Atmanirbhar Bharat 3.0 package in order to re-energise the stagnant Indian economy. These measures include credit support for the stress sectors, increasing of job creation, measures to boost the reality sector and tax relief to the homebuyers and developers. The whole amount is Rs. 2.65 lakh[Read More...]
Interview with Prof. Arun Kumar by Mohd. Nuashad Khan What’s your take on the free fall of the GDP? Is it because of the pandemic or something else? I am surprised that the decline in GDP in Q1 is given as 23.9 per cent. It should have been much more because the unorganised sector which is 45 per cent[Read More...]
The pandemic driven lockdowns have triggered worldwide growth of unemployment, hunger, homelessness and poverty. The speed of economic descent in world economy is extraordinary. The world is sleep walking into greater economic depression of the century and its impacts will reverberate for decades. The COVID-19 pandemic led economic crisis has been used by ruling and non-ruling classes to reconfigured the[Read More...]
