Weekly Updates on the Indian Economy
(03/10/2020 to 09/10/2020)
- National Accounts and State of the Economy
- September data showing credible signs of economic growth: Finance Ministry
https://www.business-standard.com/article/economy-policy/september-data-showing-credible-signs-of-eco-growth-finance-ministry-120100300951_1.html
- Finance ministry pins hopes on festive season for growth momentum
https://www.business-standard.com/article/economy-policy/finance-ministry-pins-hopes-on-festive-season-for-growth-momentum-120100400418_1.html
- Reforms to mitigate Covid-19 impact will ensure long-term growth: FinMin
https://www.business-standard.com/article/economy-policy/reforms-to-mitigate-covid-19-impact-will-ensure-long-term-growth-finmin-120100400521_1.html
- 1 mn more families in Gujarat to get food grains at low cost under NFSA
https://www.business-standard.com/article/economy-policy/1-mn-more-families-in-gujarat-to-get-food-grains-at-low-cost-under-nfsa-120100400604_1.html
- Statsguru: From socialising to learning, how the unemployed spend time
https://www.business-standard.com/article/economy-policy/statsguru-from-socialising-to-learning-how-the-unemployed-spend-time-120100400705_1.html
- Firms can now convert permanent jobs into fixed-term contracts
https://www.business-standard.com/article/economy-policy/firms-can-now-convert-permanent-jobs-into-fixed-term-contracts-120100500035_1.html
- Govt's key reforms fail to gain traction as pandemic upends India's economy
https://www.business-standard.com/article/economy-policy/govt-s-key-reforms-fail-to-gain-traction-as-pandemic-upends-india-s-economy-120100500617_1.html
- Economic recovery is patchy: Recent data should be interpreted cautiously
https://www.business-standard.com/article/opinion/patchy-recovery-120100600059_1.html
- Cash-to-GDP ratio could hit 14-15%, the highest since independence
https://www.business-standard.com/article/economy-policy/cash-to-gdp-ratio-could-hit-14-15-the-highest-since-independence-120100600876_1.html
- Why economists remain pessimistic amid signs of economic recovery
https://www.business-standard.com/article/economy-policy/why-economists-remain-pessimistic-amid-signs-of-economic-recovery-120100700748_1.html
- 'Atmanirbhar Bharat' should not result in protectionism: Raghuram Rajan
https://www.business-standard.com/article/economy-policy/atmanirbhar-bharat-should-not-result-in-protectionism-raguram-rajan-120100701589_1.html
- After the storm: Taking stock of the economic scars of the pandemic
https://www.business-standard.com/article/opinion/after-the-storm-120100600061_1.html
- Chidambaram says Kerala needs do more on the economic front
https://www.thehindu.com/news/national/kerala/chidambaram-says-kerala-needs-do-more-on-the-economic-front/article32761886.ece
- IMF chief says global economy less dire but long climb ahead
https://www.thehindu.com/business/Economy/imf-chief-says-global-economy-less-dire-but-long-climb-ahead/article32786556.ece
- Coronavirus | Finance Ministry says COVID-19 past peak, predicts growth
https://www.thehindu.com/business/Economy/coronavirus-finance-ministry-says-covid-19-past-peak-predicts-growth/article32765673.ece
- FinMin says economic recovery gaining momentum; probable growth path is visible
https://www.thehindubusinessline.com/economy/finmin-says-economic-recovery-gaining-momentum-probable-growth-path-is-visible/article32765097.ece
- Centre’s new labour codes leave room for rule-making, interpretation
https://www.thehindubusinessline.com/economy/centres-new-labour-codes-leave-room-for-rule-making-interpretation/article32779232.ece
- GDP growth will return to ‘near normalcy’ this fiscal: KV Kamath
https://www.thehindubusinessline.com/economy/gdp-growth-will-return-to-near-normalcy-this-fiscal-kv-kamath/article32793569.ece
- State’s housing project for migrant workers
https://www.thehindu.com/news/national/kerala/states-housing-project-for-migrant-workers/article32785137.ece
- GST, IBC, MPC – Modi govt’s key economic reforms stall as coronavirus disrupts economy
https://theprint.in/economy/gst-ibc-mpc-modi-govts-key-economic-reforms-stall-as-coronavirus-disrupts-economy/517170/
- Global economic recovery from pandemic seen extending past 2021
https://theprint.in/economy/global-economic-recovery-from-pandemic-seen-extending-past-2021/518311/
- 150 mn people could be pushed into extreme poverty by 2021 due to Covid, says World Bank
https://theprint.in/economy/150-mn-people-could-be-pushed-into-extreme-poverty-by-2021-due-to-covid-says-world-bank/518602/
- Unemployment world’s top perceived business risk, social instability a concern in India — WEF
https://theprint.in/economy/unemployment-worlds-top-perceived-business-risk-social-instability-a-concern-in-india-wef/519165/
- India’s GDP expected to contract by 9.6% this fiscal year, says World Bank report
https://theprint.in/economy/indias-gdp-expected-to-contract-by-9-6-this-fiscal-year-says-world-bank-report/519381/
- Pope Francis Says Free Market, 'Trickle-Down' Policies Fail Society
https://thewire.in/economy/pope-francis-says-free-market-trickle-down-policies-fail-society
- Finance ministry report says structural reforms will ensure long-term growth, cites laws on labour, farm produce
https://www.firstpost.com/business/finance-ministry-report-says-structural-reforms-will-ensure-long-term-growth-cites-laws-on-labour-farm-produce-8880361.html
- Global central bankers say fiscal aid crucial in new phase of pandemic battle
https://www.firstpost.com/business/global-central-bankers-say-fiscal-aid-crucial-in-new-phase-of-pandemic-battle-8886881.html
- Why a $5 trillion Indian economy is a pipedream – plus nine more weekend reads
https://scroll.in/article/974842/why-a-5-trillion-indian-economy-is-a-pipedream-plus-nine-more-weekend-reads
- ‘Multiple obstacles difficult to overcome’: Jean Dreze on the economic impact of Covid-19 on India
https://scroll.in/video/974823/multiple-obstacles-difficult-to-overcome-dreze-on-the-economic-impact-of-covid-19-on-india
- ‘Need short-term relief to retain long-term growth hopes’
https://www.thehindu.com/business/need-short-term-relief-to-retain-long-term-growth-hopes/article32797312.ece
- GDP growth may turn positive by Q4: RBI chief Shaktikanta Das
https://www.livemint.com/industry/banking/rbi-keeps-repo-rate-unchanged-maintains-accommodative-stance-11602215646178.html
- A September surprise from the Indian economy
https://www.livemint.com/opinion/columns/a-september-surprise-from-the-indian-economy-11601868827090.html
- Data on food price rigidities can serve as inputs for RBI decisions
https://www.livemint.com/opinion/columns/data-on-food-price-rigidities-can-serve-as-inputs-for-rbi-decisions-11601993348725.html
- Public Finance
- Tax super-rich to raise resources to fight Covid-19: Joseph Stiglitz
https://www.business-standard.com/article/economy-policy/tax-super-rich-to-raise-resources-to-fight-covid-19-joseph-stiglitz-120100501392_1.html
- What would be the best stimulus?
https://www.business-standard.com/article/opinion/what-would-be-the-best-stimulus-120100400229_1.html
- Now is not the time for stimulus
https://www.business-standard.com/article/opinion/now-is-not-the-time-for-stimulus-120100801726_1.html
- States' market borrowings jump 55% to Rs 3.75 trillion so far this fiscal
https://www.business-standard.com/article/economy-policy/states-market-borrowings-jump-55-pc-to-rs-3-75-lakh-crore-so-far-this-fiscal-120100700925_1.html
- Combined FY21 fiscal deficit of Centre, states may reach 14%: Rangarajan
https://www.business-standard.com/article/economy-policy/combined-fy21-fiscal-deficit-of-centre-states-may-reach-14-rangarajan-120100800611_1.html
- Fiscal deficit may hit 8% of FY21 GDP on additional govt borrowing: Experts
https://www.business-standard.com/article/economy-policy/fiscal-deficit-may-hit-8-of-fy21-gdp-on-additional-govt-borrowing-experts-120091400814_1.html
- Transport revenue may shrink 18-20% in FY21’
https://www.thehindu.com/business/Industry/road-transport-revenue-may-shrink-18-20-in-fy21/article32776773.ece
- Finance Ministry kicks off Budget exercise for FY2021-22
https://www.thehindubusinessline.com/economy/finance-ministry-kicks-off-budget-exercise-for-fy2021-22/article32757927.ece
- ₹10-lakh-crore stimulus can get the economy back to 2019-20 growth levels, says Pronab Sen
https://www.thehindubusinessline.com/economy/10-lakh-crore-stimulus-can-get-the-economy-back-to-2019-20-growth-levels-says-pronab-sen/article32793505.ece
- Redo seventh schedule to clarify Centre-state domains
https://www.livemint.com/opinion/columns/redo-seventh-schedule-to-clarify-centre-state-domains-11601912183578.html
Taxation
- GST compensation row: States may seek 3-member dispute resolution body
https://www.business-standard.com/article/economy-policy/gst-compensation-row-states-may-seek-3-member-dispute-resolution-body-120100201249_1.html
- Pandemic relief: UP govt exempts industrial areas from double taxation
https://www.business-standard.com/article/economy-policy/pandemic-relief-up-govt-exempts-industrial-areas-from-double-taxation-120100400479_1.html
- Carrying physical copies of e-invoices not required, clarifies GSTN
https://www.business-standard.com/article/economy-policy/carrying-physical-copies-of-e-invoices-not-required-clarifies-gstn-120100400680_1.html
- GST row: Govt proposes to revise Option 1, Oppn states may table 3rd option
https://www.business-standard.com/article/economy-policy/gst-row-govt-proposes-to-revise-option-1-oppn-states-may-table-3rd-option-120100500034_1.html
- Karnataka appellate authority rules 18% GST on whole wheat 'parota' is void
https://www.business-standard.com/article/economy-policy/karnataka-appellate-authority-rules-18-gst-on-whole-wheat-parota-is-void-120100500522_1.html
- GST deadlock remains, compensation for tax collected to be released tonight
https://www.business-standard.com/article/economy-policy/gst-council-meet-120100500255_1.html
- Tamil Nadu may go with Option-1 for GST compensation, but seeks tweaks
https://www.business-standard.com/article/economy-policy/tamil-nadu-may-go-with-option-1-for-gst-compensation-but-seeks-tweaks-120100501195_1.html
- No breakthrough in GST compensation deadlock; next Council meet on Oct 12
https://www.business-standard.com/article/economy-policy/gst-council-meet-on-compensation-inconclusive-to-meet-next-on-oct-12-120100501199_1.html
- GST council exempts satellite launches by Isro, Antrix from 18% GST
https://www.business-standard.com/article/economy-policy/gst-council-exempts-satellite-launches-by-isro-antrix-from-18-gst-120100501397_1.html
- Oppn states object as Centre favours Option 1 at GST Council meet
https://www.business-standard.com/article/economy-policy/oppn-states-object-as-centre-favours-option-1-at-gst-council-meet-120100600077_1.html
- Release Rs 4,321 crore towards IGST share, Tamil Nadu tells Centre
https://www.business-standard.com/article/economy-policy/release-rs-4-321-crore-towards-igst-share-tamil-nadu-tells-centre-120100501411_1.html
- Willing to compromise on GST compensation: Kerala FM Thomas Isaac
https://www.business-standard.com/article/economy-policy/willing-to-compromise-on-gst-compensation-kerala-fm-thomas-isaac-120100601691_1.html
- Faltering federalism: GST Council meeting failure is not a good sign
https://www.business-standard.com/article/opinion/faltering-federalism-120100600055_1.html
- GST Council has no jurisdiction over borrowing by states: Govt sources
https://www.business-standard.com/article/economy-policy/gst-council-has-no-jurisdiction-over-borrowing-by-states-govt-sources-120100600500_1.html
- Decoded: What GST Council decided for taxpayers, big and small
https://www.business-standard.com/article/economy-policy/explained-what-gst-council-decided-for-taxpayers-big-and-small-120100601465_1.html
- Tourism industry seeks reduction in GST rate, tax benefits to revive sector
https://www.business-standard.com/article/economy-policy/tourism-industry-seeks-reduction-in-gst-rate-tax-benefits-to-revive-sector-120100801223_1.html
- Google tax collection rises 18% after second instalment deadline
https://www.business-standard.com/article/economy-policy/google-tax-collection-rises-18-after-second-instalment-deadline-120100900066_1.html
- GST Council meeting | Kerala to reject two alternatives presented by Union government
https://www.thehindu.com/news/national/kerala/gst-council-meeting-kerala-to-reject-two-alternatives-presented-by-union-government/article32766835.ece
- Centre told to take loan for GST compensation
https://www.thehindu.com/news/national/kerala/centre-told-to-take-loan-for-gst-compensation/article32777220.ece
- GST Council fails to reach consensus on compensating States
https://www.thehindu.com/business/Economy/gst-council-fails-to-reach-consensus-on-compensating-states/article32775272.ece
- I don’t take anybody for granted, says Sitharaman after stormy GST council meet over dues
https://theprint.in/economy/i-dont-take-anybody-for-granted-says-sitharaman-after-stormy-gst-council-meet-over-dues/517563/
- GST Council agrees to extend compensation cess beyond 2022: Sources
https://www.thehindubusinessline.com/economy/gst-council-agrees-to-extend-compensation-cess-beyond-2022-sources/article32772318.ece
- Bihar leads States to ask Centre to initiate process for borrowing to meet GST Compensation shortfall
https://www.thehindubusinessline.com/economy/bihar-to-initiate-borrowing-process-to-meet-gst-compensation-shortfall/article32761161.ece
- GST Council: States to get ₹20,000 cr compensation cess collected in FY21
https://www.thehindubusinessline.com/economy/compensation-cess-of-rs-20000-crore-will-be-disbursed-to-the-states-fm/article32774966.ece
- GST Council: Kerala FM insists on activating mechanism to settle row
https://www.thehindubusinessline.com/economy/gst-council-kerala-fm-insists-on-activating-mechanism-to-settle-row/article32776109.ece
- Karantaka sees over 10% higher GST collection in September at ₹3,478.69 crore
https://www.thehindubusinessline.com/economy/karantaka-sees-over-10-higher-gst-collection-in-september-at-347869-crore/article32783558.ece
- India’s high taxes are a roadblock for carmakers trying to survive the economic slump
https://scroll.in/article/974963/indias-high-taxes-are-a-roadblock-for-carmakers-trying-to-survive-the-economic-slump
- GST dept. gets more facilities
https://www.thehindu.com/news/national/kerala/gst-dept-gets-more-facilities/article32805908.ece
- GST compensation cannot be limited to 5 years
https://www.thehindu.com/news/national/kerala/gst-compensation-cannot-be-limited-to-5-years/article32804293.ece
- ‘One nation, one tax’ wasn’t an ‘act of God’
https://www.livemint.com/opinion/online-views/-one-nation-one-tax-wasn-t-an-act-of-god-11602256300969.html
- Banking and Monetary policy
- SC asks govt, RBI to put K V Kamath panel's debt recast report on record
https://www.business-standard.com/article/economy-policy/sc-asks-govt-rbi-to-put-k-v-kamath-panel-s-debt-recast-report-on-record-120100500906_1.html
- RBI is buying the bonds from the backdoor anonymously, shows data
https://www.business-standard.com/article/economy-policy/rbi-is-buying-the-bonds-from-the-backdoor-anonymously-shows-data-120100600071_1.html
- Swift economic recovery key to limit loan losses for Indian banks: Fitch
https://www.business-standard.com/article/economy-policy/swift-economic-recovery-key-to-limit-loan-losses-for-indian-banks-fitch-120100600624_1.html
- RBI monetary policy: Room squeezed out, says IDFC First Bank economist
https://www.business-standard.com/article/economy-policy/rbi-monetary-policy-room-squeezed-out-says-idfc-first-bank-economist-120100700045_1.html
- Need restructuring, not bankruptcy
https://www.business-standard.com/article/opinion/need-restructuring-not-bankruptcy-120100400812_1.html
- RBI's focus has been on liquidity provision in the right areas
https://www.business-standard.com/article/economy-policy/rbi-s-focus-has-been-on-liquidity-provision-in-the-right-areas-120100900354_1.html
- Interest waiver: Borrowers may get monetary relief of up to ₹80,000 for loans
https://www.thehindubusinessline.com/money-and-banking/interest-waiver-borrowers-may-get-monetary-relief-of-up-to-80000-for-loans/article32765236.ece
- Loan moratorium: Cost to govt won’t exceed ₹5,000-7,000 cr, says ICRA
https://www.thehindubusinessline.com/economy/loan-moratorium-cost-to-govt-wont-exceed-5000-7000-cr-says-icra/article32765113.ece
- Government decides to waive interest on loans up to Rs 2 crore
https://indianexpress.com/article/business/economy/government-decides-to-waive-interest-on-loans-up-to-rs-2-crore-6693562/
- IBBI to rope in agency to study individual indebtedness
https://www.thehindubusinessline.com/news/national/ibbi-to-study-individual-indebtedness/article32772272.ece
- Kerala Bank registers net profit
https://www.thehindu.com/news/national/kerala/kerala-bank-registers-net-profit/article32785064.ece
- RBI begins MPC meeting with new ‘dovish’ members, all eyes on growth, inflation forecasts
https://theprint.in/economy/rbi-begins-mpc-meeting-with-new-dovish-members-all-eyes-on-growth-inflation-forecasts/518549/
- High inflation expected to prevent ‘dovish’ RBI from cutting interest rates tomorrow
https://theprint.in/economy/high-inflation-expected-to-prevent-dovish-rbi-from-cutting-interest-rates-tomorrow/519110/
- RBI says GDP will contract by 9.5% in FY21, holds repo rate at 4% amid modest recovery
https://theprint.in/economy/rbi-says-gdp-will-contract-by-9-5-in-fy21-holds-repo-rate-at-4-amid-modest-recovery/519650/
- Explained: The Upside and Downside of the Centre's Proposal to Waive 'Interest on Interest'
https://thewire.in/banking/interest-on-interest-waiver-loan-moratorium
- What Does the Future of RBI's Inflation Targeting Look Like?
https://thewire.in/economy/rbi-monetary-policy-committee-inflation-targeting
- Loan moratorium scheme: SC says Centre’s affidavit on waiving interest on interest unsatisfactory
https://scroll.in/latest/974966/loan-moratorium-scheme-sc-says-centres-affidavit-on-waiving-interest-on-interest-unsatisfactory
- Despite no impact on income, many Indian borrowers chose to halt loan repayments
https://scroll.in/article/974757/despite-no-impact-on-income-many-indian-borrowers-chose-to-halt-loan-repayments
- RTGS to be available 24x7 from December, says RBI Governor
https://www.thehindu.com/business/Economy/rtgs-to-be-available-24x7-from-december-says-rbi-governor/article32811705.ece
- RBI to rationalise risk weightage on housing loans to push demand
https://www.thehindu.com/business/Economy/rbi-to-rationalise-risk-weightage-on-housing-loans-to-push-demand/article32812031.ece
- With 41 million real-time transactions a day, India leads the world: Report
https://www.livemint.com/industry/banking/with-41-million-real-time-transactions-a-day-india-leads-the-world-report-11602067252101.html
- RBI should not give up on inflation targeting
https://www.livemint.com/opinion/online-views/rbi-should-not-give-up-on-inflation-targeting-11601824011515.html
- The government’s debt manager needs to do a better job
https://www.livemint.com/opinion/online-views/the-government-s-debt-manager-needs-to-do-a-better-job-11601993734832.html
- External Sector
- Global trade shows signs of rebound from Covid-19, recovery uncertain: WTO
https://www.business-standard.com/article/economy-policy/global-trade-shows-signs-of-rebound-from-covid-19-recovery-uncertain-wto-120100601265_1.html
- Quality, scale will help lift exports; not subsidies: Piyush Goyal
https://www.thehindu.com/business/Industry/quality-scale-will-help-lift-exports-not-subsidies-piyush-goyal/article32762284.ece
- Exports rise 5.3% in September, imports fall narrowing deficit
https://www.thehindu.com/business/Industry/exports-rise-53-in-september-imports-slip-deficit-narrows/article32754536.ece
- Rupee gets cushion from stock flows, current account surplus amid pandemic
https://www.business-standard.com/article/economy-policy/rupee-gets-cushion-from-stock-flows-current-account-surplus-amid-pandemic-120100600163_1.html
- RBI's stand on FDI from Mauritius to slow down PE inflows in NBFCs
https://www.business-standard.com/article/economy-policy/rbi-s-stand-on-fdi-from-mauritius-to-slow-down-pe-inflows-in-nbfcs-120100801202_1.html
- Double-digit rise in exports helps India nearly halve trade gap with China
https://www.business-standard.com/article/economy-policy/double-digit-rise-in-exports-helps-india-nearly-halve-trade-gap-with-china-120100801594_1.html
- India says China’s complaint against its FDI rules, banning of apps at WTO lacks punch
https://www.thehindubusinessline.com/news/national/india-says-chinas-complaint-against-its-fdi-rules-banning-of-apps-at-wto-lacks-punch/article32780454.ece
- Indian textile companies to benefit from US-China trade war
https://www.thehindubusinessline.com/economy/indian-textile-companies-to-benefit-from-us-china-trade-war/article32784261.ece
- Subsidies won’t help boost exports; need to focus on quality, scale to meet USD 1 trn goal: Goyal
https://www.thehindubusinessline.com/economy/subsidies-wont-help-boost-exports-need-to-focus-on-quality-scale-to-meet-usd-1-trn-goal-goyal/article32759035.ece
- Forex reserves fall $3 billion from record high to $542 billion
https://indianexpress.com/article/business/economy/forex-reserves-fall-3-billion-from-record-high-to-542-billion-6692172/
- Agriculture and Rural Economy
- Govt buys 573,000 tons of paddy at MSP in last 8 days from Punjab, Haryana
https://www.business-standard.com/article/economy-policy/govt-buys-573-000-tons-of-paddy-at-msp-in-last-8-days-from-punjab-haryana-120100400633_1.html
- Rs 1,000 cr paid to 41,084 farmers for procurement of paddy on MSP: Centre
https://www.business-standard.com/article/economy-policy/rs-1-000-cr-paid-to-41-084-farmers-for-procurement-of-paddy-on-msp-centre-120100500080_1.html
- Govt procures over 800k tonnes paddy at MSP in last 9 days, pays Rs 1511 cr
https://www.business-standard.com/article/economy-policy/govt-procures-over-800k-tonnes-paddy-at-msp-in-last-9-days-pays-rs-1511-cr-120100501211_1.html
- Centre says will procure paddy, cotton worth Rs 175,000 crore in 2020-21
https://www.business-standard.com/article/economy-policy/centre-says-will-procure-paddy-cotton-worth-rs-175-000-crore-in-2020-21-120100701412_1.html
- Farmers planted Kharif crops at record high, says Agriculture Ministry
https://www.business-standard.com/article/economy-policy/farmers-planted-kharif-crops-at-record-high-says-agriculture-ministry-120100701673_1.html
- Ground Zero: New agriculture law may not spell the end of commission agents
https://www.business-standard.com/article/economy-policy/ground-zero-new-agriculture-law-may-not-spell-the-end-of-commission-agents-120100800058_1.html
- Govt to soon launch one-stop-shop for agriculture data: Agri Min official
https://www.business-standard.com/article/economy-policy/govt-to-soon-launch-one-stop-shop-for-agriculture-data-agri-min-official-120100801584_1.html
- Minimum Support Price regime will continue: FM
https://www.thehindubusinessline.com/economy/agri-business/minimum-support-price-regime-will-continue-fm/article32785984.ece
- Green shoots of the new farm bills will be visible in 3-5 years: Ashok Gulati
https://www.thehindubusinessline.com/economy/agri-business/green-shoots-of-the-new-farm-bills-will-be-visible-in-3-5-years-ashok-gulati/article32761934.ece
- Seasonal workers in Maharashtra on strike seeking higher wages from sugar mills
https://www.thehindubusinessline.com/economy/agri-business/seasonal-workers-in-maharashtra-on-strike-seeking-higher-wages-from-sugar-mills/article32796712.ece
- Punjab: Over 13,000 Village Panchayats to Veto Centre’s Farm Acts
https://thewire.in/agriculture/punjab-village-panchayats-farm-acts
- An Ingenious Legislative Approach for States to Undo the Doom Spelled by Central Farm Laws
https://thewire.in/law/farm-law-protests-states
- What Will the Legal Challenge to the Modi Government’s Farm Bills Look Like?
https://thewire.in/law/farm-bills-legal-challenge-constitution-seventh-schedule-supreme-court
- Indian Agriculture Needs an Urgent Data-Centric Revamp and Reboot
https://thewire.in/agriculture/indian-agriculture-urgent-data-centric-revamp-policymaking
- An MSP guarantee won’t solve the problems of Indian farmers
https://www.livemint.com/opinion/columns/an-msp-guarantee-won-t-solve-the-problems-of-indian-farmers-11602168111030.html
- Industry, Manufacturing, Services and Technology
- India has capability to be global player in many sectors: Piyush Goyal
https://www.business-standard.com/article/economy-policy/india-has-capability-to-be-global-player-in-many-sectors-piyush-goyal-120100300544_1.html
- Adopt fixed-term contracts for seasonal work, Labour Minister asks industry
https://www.business-standard.com/article/economy-policy/adopt-fixed-term-contracts-for-seasonal-work-labour-minister-asks-industry-120100501138_1.html
- Piyush Goyal holds discussions with top leadership of coal and power sector
https://www.business-standard.com/article/economy-policy/piyush-goyal-holds-discussions-with-top-leadership-of-coal-and-power-sector-120100600047_1.html
- Services activity improves in September, PMI at 49.8 vs 41.8 in August
https://www.business-standard.com/article/economy-policy/services-activity-improves-in-september-pmi-at-49-8-vs-41-8-in-august-120100600263_1.html
- PM invites Canadian biz to invest in education, agri, manufacturing sectors
https://www.business-standard.com/article/economy-policy/pm-invites-canadian-biz-to-invest-in-education-agri-manufacturing-sectors-120100801465_1.html
- MFIs disbursements decline by 88% to Rs 6,046 cr in Q1 FY21: Report
https://www.business-standard.com/article/economy-policy/mfis-disbursements-decline-by-88-to-rs-6-046-cr-in-q1-fy21-report-120100801579_1.html
- Battle over anti-profiteering authority escalates as tenure set to end
https://www.business-standard.com/article/economy-policy/battle-over-anti-profiteering-authority-escalates-as-tenure-set-to-end-120100900071_1.html
- India Inc expects over 50% capacity utilisation in H2FY20: CII
https://www.thehindu.com/business/Industry/india-inc-expects-over-50-capacity-utilisation-in-h2fy20-cii/article32765535.ece
- Services PMI shows slump easing, but job losses swell
https://www.thehindu.com/business/services-pmi-shows-slump-easing-but-job-losses-swell/article32786527.ece
- PMI: Service sector moves towards stabilisation in September
https://www.thehindubusinessline.com/economy/service-sector-moves-towards-stabilisation-in-september/article32780079.ece
- Private equity investments hit record high of $28.66 billion in 2020
https://www.thehindubusinessline.com/news/national/private-equity-investments-hit-record-high-of-2866-billion-in-2020/article32783524.ece
- Industry expects capacity utilisation to touch 50% in H2
https://www.thehindubusinessline.com/economy/industry-expects-capacity-utilisation-to-touch-50-in-h2/article32765353.ece
- CCEA clears e-bidding mechanism for transparent discovery of gas price
https://www.thehindubusinessline.com/economy/policy/natural-gas-from-future-discoveries-will-be-priced-and-sold-through-new-e-bidding-mechanism/article32794232.ece
- India can be the world’s great back-up factory
https://www.livemint.com/opinion/online-views/india-can-be-the-world-s-great-back-up-factory-11602083946850.html
- Columns by Paul Krugman/ Joseph Stiglitz
- Opinion | Trump Is Killing the Economy Out of Spite
https://www.nytimes.com/2020/10/08/opinion/donald-trump-economy.html
- Opinion | Bidencare Would Be a Big Deal
https://www.nytimes.com/2020/10/05/opinion/joe-biden-health-care.html
- Opinion | The Very Strong Case for Bidenomics
https://www.nytimes.com/2020/10/01/opinion/trump-biden-economic-policy.html
- Other Articles/ Columns
- Confronting Precarious Work: Beyond social security for platform workers
https://www.theindiaforum.in/article/confronting-precarious-work
- Lessons from the endowment model
https://www.economist.com/finance-and-economics/2020/10/03/lessons-from-the-endowment-model
- Foreign capital helps ease India’s credit drought
https://www.economist.com/finance-and-economics/2020/10/03/foreign-capital-helps-ease-indias-credit-drought
- How some international treaties threaten the environment
https://www.economist.com/finance-and-economics/2020/10/05/how-some-international-treaties-threaten-the-environment
- How the digital surge will reshape finance
https://www.economist.com/finance-and-economics/2020/10/08/how-the-digital-surge-will-reshape-finance
- How trade is being used to enforce labour standards
https://www.economist.com/finance-and-economics/2020/10/10/how-trade-is-being-used-to-enforce-labour-standards
- Why trade imbalances are a worry during a global downturn
https://www.economist.com/finance-and-economics/2020/10/10/why-trade-imbalances-are-a-worry-during-a-global-downturn
- Economic and Political Weekly
Special Articles
- Transition Theory and India’s Groundwater Management Systems: A Case Study of Bengaluru
https://www.epw.in/journal/2020/40/special-articles/transition-theory-and-indias-groundwater.html
Commentary
- Gentle Giant of Labour Economics: Lalit Deshpande (1933–2020)
https://www.epw.in/journal/2020/40/commentary/gentle-giant-labour-economics.html
Some missed news for the past week:
- Kerala’s borrowing goes up by 112% in pandemic times
https://www.thehindu.com/news/national/kerala/keralas-borrowing-goes-up-by-112-in-pandemic-times/article32697314.ece
- State’s trade deficit put at ₹1 lakh cr.
https://www.thehindu.com/news/national/kerala/states-trade-deficit-put-at-1-lakh-cr/article32680848.ece
- States for total revamp of GST laws
https://www.thehindu.com/news/national/kerala/states-for-total-revamp-of-gst-laws/article32719172.ece
Print Sources: The Hindu, Business Line, Business Standard, Economic Times, Times of India, Indian Express
Online Sources: Livemint, Scroll.in, First Post, The Wire, The Print, The India Forum, Newyork Times, The Guardian
Journals: Economic and Political Weekly, The Economist