22- 28 August, 2020

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Weekly Updates on the Indian Economy

(22/08/2020 to 28/08/2020)

  1. National Accounts and State of the Economy

 

  1. As Indians spend more time at home despite ‘unlock’, the country’s economy is suffering

https://scroll.in/article/971046/as-indians-spend-more-time-at-home-despite-unlock-the-countrys-economy-is-sufering

 

  1. RBI says contraction in economy could continue into July-September quarter due to fresh lockdowns

https://scroll.in/latest/971336/rbi-says-contraction-in-economy-could-continue-into-july-september-quarter-due-to-fresh-lockdowns

 

  1. The Coronavirus Lockdown Has Been a War on India's Informal Labour

https://thewire.in/labour/coronavirus-lockdown-informal-labour

 

  1. Is the Indian Consumer Willing to Spend on Small Indulgences?

https://thewire.in/business/is-the-indian-consumer-willing-to-spend-on-small-indulgences

 

  1. RBI will give growth numbers once there’s clarity on Covid curve, says Shaktikanta Das

https://theprint.in/economy/rbi-will-give-growth-numbers-once-theres-clarity-on-covid-curve-says-shaktikanta-das/490106/

 

  1. Don’t read too much into green shoots, it’s a mechanical rebound: Subbarao

https://www.thehindu.com/business/Economy/dont-read-too-much-into-green-shoots-its-a-mechanical-rebound-subbarao/article32420816.ece

 

  1. Economy to shrink in Q2, says RBI report

https://www.thehindu.com/business/government-consumption-will-have-to-fuel-demand-in-times-of-covid-19-rbi/article32437411.ece

 

  1. India risks stagnation if GDP doesn’t grow over 8% annually, says McKinsey Global Institute

https://www.thehindu.com/business/india-risks-stagnation-if-gdp-doesnt-grow-over-8-annually-says-mckinsey-global-institute/article32453605.ece

 

  1. India’s new economy can’t be a monopoly board

https://www.thehindubusinessline.com/economy/indias-new-economy-cant-be-a-monopoly-board/article32435822.ece

 

  1. High frequency indicators point to retrenchment in economic activity: RBI report

https://www.thehindubusinessline.com/economy/high-frequency-indicators-point-to-retrenchment-in-economic-activity-rbi-report/article32437197.ece

 

  1. Put gender equality at the heart of post-Covid-19 economic recovery: ILO

https://www.business-standard.com/article/economy-policy/put-gender-equality-at-the-heart-of-post-covid-19-economic-recovery-ilo-120082200583_1.html

 

  1. Bonds to be hit hardest by inflation shock in India, Russia, Mexico

https://www.business-standard.com/article/economy-policy/bonds-to-be-hit-hardest-by-inflation-shock-in-india-russia-mexico-120082400114_1.html

 

  1. Retail visits show a pickup, and other weekly economic indicator insights

https://www.business-standard.com/article/economy-policy/retail-visits-show-a-pickup-and-other-weekly-economic-indicator-insights-120082400721_1.html

 

  1. Severe shock to consumption, economy will take longer to recover: RBI

https://www.business-standard.com/article/economy-policy/severe-shock-to-consumption-economy-will-take-longer-to-recover-rbi-120082500688_1.html

 

  1. RBI calls for wide-ranging reforms to regain Covid-19-induced losses

https://www.business-standard.com/article/economy-policy/rbi-calls-for-wide-ranging-reforms-to-regain-covid-19-induced-losses-120082500749_1.html

 

  1. Exit strategy, milestones needed for fiscal consolidation for future: RBI

https://www.business-standard.com/article/economy-policy/exit-strategy-milestones-needed-for-fiscal-consolidation-for-future-rbi-120082500888_1.html

 

  1. Difficult to accurately assess economic impact of Covid-19, says RBI

https://www.business-standard.com/article/economy-policy/difficult-to-accurately-assess-economic-impact-of-covid-19-says-rbi-120082501133_1.html

 

  1. Reducing Covid risks may help economy more than easing curbs: World Bank

https://www.business-standard.com/article/economy-policy/reducing-covid-risks-may-help-economy-more-than-easing-curbs-world-bank-120082501376_1.html

 

  1. Incentivising fund flow at affordable rates can rekindle investment: RBI

https://www.business-standard.com/article/economy-policy/incentivising-fund-flow-at-affordable-rates-can-rekindle-investment-rbi-120082501336_1.html

 

  1. India's Q1FY21 GDP may shrink by 25%, says ICRA; flags distress in MSMEs

https://www.business-standard.com/article/economy-policy/india-s-q1fy21-gdp-may-shrink-by-25-says-icra-flags-distress-in-msmes-120082501450_1.html

 

  1. Management of foodgrain surplus key challenge for India: RBI report

https://www.business-standard.com/article/economy-policy/management-of-foodgrain-surplus-key-challenge-for-india-rbi-report-120082501428_1.html

 

  1. India to post strong GDP growth pick up in second half of 2020: Moody's

https://www.business-standard.com/article/economy-policy/india-to-post-strong-gdp-growth-pick-up-in-second-half-of-2020-moody-s-120082501828_1.html

 

  1. Lockdown effect: India's GDP to see contraction of 25% in Q1, say analysts

https://www.business-standard.com/article/economy-policy/lockdown-effect-india-s-gdp-to-see-contraction-of-25-in-q1-say-analysts-120082501909_1.html

 

  1. GST Council-like authorities for land, labour, power must for reforms: RBI

https://www.business-standard.com/article/economy-policy/gst-council-like-authorities-for-land-labour-power-must-for-reforms-rbi-120082600008_1.html

 

  1. India will need to find jobs for additional 90 mn, says McKinsey report

https://www.business-standard.com/article/economy-policy/india-will-need-to-find-jobs-for-additional-90-mn-says-mckinsey-report-120082600677_1.html

 

  1. Slow pace of pay growth adds to hurdles in way of India's economic recovery

https://www.business-standard.com/article/economy-policy/slow-pace-of-pay-growth-adds-to-hurdles-in-way-of-india-s-economic-recovery-120082700150_1.html

 

  1. India cannot be export powerhouse without being open to imports: Panagariya

https://www.business-standard.com/article/economy-policy/india-cannot-be-export-powerhouse-without-being-open-to-imports-panagariya-120082700163_1.html

 

  1. Animal spirits stir: Economic indicators hint at slow recovery for India

https://www.business-standard.com/article/economy-policy/animal-spirits-stir-economic-indicators-hint-at-slow-recovery-for-india-120082800142_1.html

 

  1. Jobs for youngsters dwindle in slowing economy hit by Covid-19, lockdown

https://www.business-standard.com/article/opinion/jobs-for-youngsters-dwindle-in-slowing-economy-hit-by-covid-19-lockdown-120082401542_1.html

 

  1. Maintaining macroeconomic stability

https://www.business-standard.com/article/opinion/maintaining-macroeconomic-stability-120082700008_1.html

 

  1. Here's how Covid-19 has made predicting India's GDP growth even harder

https://www.business-standard.com/article/economy-policy/no-masks-social-distancing-at-gop-s-convention-covid-is-largely-ignored-120082800222_1.html

 

  1. India business climate has continuously improved, Amitabh Kant says after WB halts ease index

https://theprint.in/economy/india-business-climate-has-continuously-improved-amitabh-kant-says-after-wb-halts-ease-index/490878/

 

 

 

  1. Public Finance

 

  1. RBI calls for deep-seated, wide-ranging reforms for sustainable growth

https://www.thehindu.com/business/Economy/rbi-calls-for-deep-seated-wide-ranging-reforms-for-sustainable-growth/article32435753.ece

 

  1. Government may look at second stimulus once COVID-19 infections ebb: Expenditure Secretary

https://www.thehindu.com/business/Economy/govt-may-look-at-second-stimulus-once-covid-infections-ebb-expenditure-secy/article32437175.ece

 

  1. Govt needs to spend more, not lend more: Rahul Gandhi

https://www.thehindu.com/news/national/govt-needs-to-spend-more-not-lend-more-rahul-gandhi/article32443291.ece

 

  1. Covid-strained public finances have no headroom to push demand: RBI

https://www.thehindubusinessline.com/money-and-banking/public-finances-stretched-to-mitigate-the-impact-of-covid/article32437063.ece

 

  1. States face uncovered losses of Rs 3.1 trillion in FY21: SBI report

https://www.business-standard.com/article/economy-policy/states-face-uncovered-losses-of-rs-3-1-trillion-in-fy21-sbi-report-120082401084_1.html

 

  1. Covid-19 impact: States stare at Rs 6-trillion fiscal hole, says SBI report

https://www.business-standard.com/article/economy-policy/covid-19-impact-states-stare-at-rs-6-trillion-fiscal-hole-says-sbi-report-120082500043_1.html

 

  1. Fake notes in circulation fall, but remain significant: RBI annual report

https://www.business-standard.com/article/economy-policy/fake-notes-in-circulation-fall-but-remain-significant-rbi-annual-report-120082501028_1.html

 

  1. Household financial savings improve on sharp decline in borrowings: RBI

https://www.business-standard.com/article/economy-policy/household-financial-savings-improve-on-sharp-decline-in-borrowings-rbi-120082501704_1.html

 

  1. Government debt likely to stand at 80% of GDP by FY30: Motilal Oswal

https://www.business-standard.com/article/economy-policy/government-debt-likely-to-stand-at-80-of-gdp-by-fy30-motilal-oswal-120082600759_1.html

 

  1. Explained: Why inflation is so high in India and where it is headed

https://www.business-standard.com/article/economy-policy/explained-why-inflation-is-so-high-in-india-and-where-it-is-headed-120082601780_1.html

 

  1. Govt debt set to hit historic high of 91% of GDP in FY21, says report

https://www.business-standard.com/article/economy-policy/govt-debt-set-to-hit-historic-high-of-91-of-gdp-in-fy21-says-report-120082601722_1.html

 

  1. Jan Dhan scheme completes six years, benefits over 40 crore people

https://www.business-standard.com/article/economy-policy/jan-dhan-scheme-completes-six-years-benefits-over-40-crore-people-120082800359_1.html

Taxation

  1. Attorney general tells Centre it must compensate states fully for loss of GST income during lockdown

https://scroll.in/latest/971452/attorney-general-tells-centre-it-must-compensate-states-fully-for-loss-of-gst-income-during-lockdown

 

  1. GST collection: Coronavirus an ‘act of God’, says Sitharaman, links it to Rs 2.35 lakh crore deficit

https://scroll.in/latest/971546/gst-collection-hit-by-coronavirus-pandemic-deficit-at-rs-2-35-lakh-crore-says-finance-ministry

 

  1. GST compensation: Centre committing 'sovereign default' by not paying pending dues to states, says Congress

https://www.firstpost.com/business/gst-compensation-centre-committing-sovereign-default-by-not-paying-pending-dues-to-states-says-congress-8755471.html

 

  1. 41st GST Council meeting: As fund crunch deepens, states likely to corner Centre over pending compensation

https://www.firstpost.com/business/41st-gst-council-meeting-as-fund-crunch-deepens-states-likely-to-corner-centre-over-pending-compensation-8759681.html

 

  1. Maharashtra government slashes stamp duty to 2% till December to rekindle ailing real estate sector

https://www.firstpost.com/business/maharashtra-government-slashes-stamp-duty-to-2-percent-till-december-to-rekindle-ailing-real-estate-sector-8759981.html

 

  1. GST reduced tax rates, doubled taxpayer base to 1.24 crore: Finance Ministry

https://www.thehindu.com/business/Economy/gst-reduced-tax-rates-doubled-taxpayer-base-to-124-cr-finmin/article32426883.ece

 

  1. Borrow from RBI to bridge GST gap, Centre tells States

https://www.thehindu.com/business/Economy/centre-places-before-states-2-options-for-borrowing-to-meet-gst-revenue-shortfall/article32456870.ece

 

  1. Delayed GST payment: Interest to be charged on net tax liability from September 1

https://www.thehindu.com/business/Economy/delayed-gst-payment-interest-to-be-charged-on-net-tax-liability-from-sep-1/article32444460.ece

 

  1. E-assessments, e-appeals and taxpayers’ charter promise a more friendly tax administration

https://www.thehindubusinessline.com/economy/e-assessments-e-appeals-and-taxpayers-charter-promise-a-more-friendly-tax-administration/article32422322.ece

 

  1. GST registration can be obtained in 3 days through Aadhaar authentication

https://www.thehindubusinessline.com/economy/gst-registration-can-be-obtained-in-3-days-through-aadhaar-authentication/article32422767.ece

 

  1. GST Council in a dilemma as demand for rate cuts grows

https://www.thehindubusinessline.com/economy/policy/tax-department-in-a-dilemma-as-demand-for-gst-rate-cuts-grows/article32431227.ece

 

  1. Faceless tax appeals may lead to rise in litigation, say officials

https://www.business-standard.com/article/economy-policy/faceless-tax-appeals-may-lead-to-rise-in-litigation-say-officials-120082400002_1.html

 

  1. GST reduced tax rates, doubled taxpayer base to 12.4 million: FinMin

https://www.business-standard.com/article/economy-policy/gst-reduced-tax-rates-doubled-taxpayer-base-to-12-4-million-finmin-120082500029_1.html

 

  1. Google tax contributes merely 1% of direct tax kitty in major cities

https://www.business-standard.com/article/economy-policy/google-tax-contributes-merely-1-of-direct-tax-kitty-in-major-cities-120082501497_1.html

 

  1. Two-wheeler makers hold out for GST rate cut, stocks of most firms rally

https://www.business-standard.com/article/economy-policy/two-wheeler-makers-hold-out-for-gst-rate-cut-stocks-of-most-firms-rally-120082601544_1.html

 

  1. Stamp duty cut will uniformly impact all housing segments, say realtors

https://www.business-standard.com/article/economy-policy/stamp-duty-cut-will-uniformly-impact-all-housing-segments-say-realtors-120082701089_1.html

 

  1. States seek 7 days on options as Centre says GST collection impacted

https://www.business-standard.com/article/economy-policy/states-seek-7-days-on-options-as-centre-says-gst-collection-impacted-120082701176_1.html

 

  1. Centre gives states two options to meet GST compensation cess shortfall

https://www.business-standard.com/article/economy-policy/trying-to-facilitate-borrowing-of-rs-2-35-trn-for-states-from-rbi-centre-120082701218_1.html

 

  1. TN asks Centre to continue GST compensation citing increased fiscal burden

https://www.business-standard.com/article/economy-policy/tn-asks-centre-to-continue-gst-compensation-citing-increased-fiscal-burden-120082701602_1.html

 

  1. The scourge of tax arrears

https://www.business-standard.com/article/opinion/the-scourge-of-tax-arrears-120082501924_1.html

 

  1. GST Council meet: States accuse Centre of 'arm-twisting' them to borrow

https://www.business-standard.com/article/economy-policy/gst-council-meet-states-accuse-centre-of-arm-twisting-them-to-borrow-120082800085_1.html

 

  1. Banking and Monetary policy

 

  1. India needs more global-sized banks to become $5 trillion economy by 2024-’25, says CEA

https://scroll.in/latest/971253/india-needs-more-global-sized-banks-to-become-5-trillion-economy-by-2024-25-says-cea

 

  1. Bad bank not just necessary but unavoidable in present situation, says former RBI governor

https://theprint.in/economy/bad-bank-not-just-necessary-but-unavoidable-in-present-situation-says-former-rbi-governor/489302/

 

  1. Why public sector banks are struggling to raise capital but private banks are having it easy

https://theprint.in/economy/why-public-sector-banks-are-struggling-to-raise-capital-but-private-banks-are-having-it-easy/490029/

 

  1. ₹2,000 notes were not printed in 2019-20: RBI annual report

https://www.thehindu.com/business/Economy/2000-notes-were-not-printed-in-2019-20-rbi-annual-report/article32436479.ece

 

  1. RBI has not exhausted ammunition to fight situation due to pandemic: Shaktikanta Das

https://www.thehindu.com/news/national/rbi-has-not-exhausted-ammunition-to-fight-situation-due-to-pandemic-shaktikanta-das/article32456475.ece

 

  1. Amount in bank fraud up 159% to Rs 1.85 trn in 2019-20: RBI annual report

https://www.business-standard.com/article/economy-policy/amount-in-bank-fraud-up-159-to-rs-1-85-trn-in-2019-20-rbi-annual-report-120082500972_1.html

 

  1. Can the Reserve Bank talk the bond yield down?

https://www.business-standard.com/article/opinion/can-the-reserve-bank-talk-the-bond-yield-down-120082300794_1.html

 

  1. Monetary policy in the pandemic

https://www.business-standard.com/article/opinion/monetary-policy-in-the-pandemic-120082300912_1.html

 

  1. Stimulus to ease funding burden for India's weakest firms in Covid era

https://www.business-standard.com/article/economy-policy/stimulus-to-ease-funding-burden-for-india-s-weakest-firms-in-covid-era-120082500171_1.html

 

  1. RBI balance sheet expands by 30 per cent in FY20 to Rs 533.27 trillion

https://www.business-standard.com/article/economy-policy/rbi-balance-sheet-expands-by-30-per-cent-in-fy20-to-rs-533-27-trillion-120082500611_1.html

 

  1. RBI steps into bond market with Operation Twist to cool down yields

https://www.business-standard.com/article/finance/rbi-steps-into-bond-market-with-operation-twist-to-cool-down-yields-120082501427_1.html

 

  1. Unlock BFSI 2.0: Time for banks to look 'deeply within', says RBI Guv Das

https://www.business-standard.com/podcast/economy-policy/unlock-bfsi-2-0-time-for-banks-to-look-deeply-within-says-rbi-guv-das-120082701608_1.html

 

  1. RBI’s 'Operation Twist' to play with yields

https://www.livemint.com/opinion/online-views/rbi-s-operation-twist-to-play-with-yields-11598611603057.html

 

  1. ₹2,000 notes were not printed in 2019-20: RBI annual report

https://www.livemint.com/industry/banking/rs-2-000-notes-were-not-printed-in-2019-20-rbi-annual-report-11598343556270.html

 

  1. Interest rates transmission improved during 2019-20: RBI report

https://www.livemint.com/industry/banking/interest-rates-transmission-improved-during-2019-20-rbi-report-11598356700623.html

 

  1. External Sector

 

  1. China’s Covid success spurs 78% rise in imports from India, cuts trade deficit

https://theprint.in/economy/chinas-covid-success-spurs-78-rise-in-imports-from-india-cuts-trade-deficit/486835/

 

  1. PSUs can now clear imports first and pay duty later

https://www.thehindubusinessline.com/economy/policy/psus-can-now-clear-imports-first-and-pay-duty-later/article32439598.ece

 

  1. India’s shrimp exports drop 23% in July on lower supply

https://www.thehindubusinessline.com/economy/agri-business/indias-shrimp-exports-drop-23-in-july-on-lower-supply/article32453648.ece

 

  1. India needs to look at ESG factors to attract major FDI investment: Aghi

https://www.business-standard.com/article/economy-policy/india-needs-to-look-at-esg-factors-to-attract-major-fdi-investment-aghi-120082200157_1.html

 

  1. Govt frames norms to enforce 'rules of origin' for imports under FTAs

https://www.business-standard.com/article/economy-policy/govt-frames-norms-to-enforce-rules-of-origin-for-imports-under-ftas-120082300562_1.html

 

  1. India waits for US response on mini trade deal of the kind signed with EU

https://www.business-standard.com/article/economy-policy/india-waits-for-us-response-on-mini-trade-deal-of-the-kind-signed-with-eu-120082401244_1.html

 

  1. Gujarat tops Niti Aayog's Export Preparedness Index, Maharashtra second

https://www.business-standard.com/article/economy-policy/gujarat-tops-niti-aayog-s-export-preparedness-index-maharashtra-second-120082600679_1.html

 

  1. Impose anti-dumping duty on chemical from China, Malaysia, Vietnam: DGTR

https://www.business-standard.com/article/economy-policy/impose-anti-dumping-duty-on-chemical-from-china-malaysia-vietnam-dgtr-120082600871_1.html

 

  1. India exports only 1% of wheat, pulses and fruits, says parliamentary panel

https://www.business-standard.com/article/economy-policy/india-exports-only-1-of-wheat-pulses-and-fruits-says-parliamentary-panel-120082600916_1.html

 

  1. Looming Brexit and potential fallout

https://www.business-standard.com/article/opinion/looming-brexit-and-potential-fallout-120082700004_1.html

 

  1. Overseas direct investment norms to be made simpler, based on principles

https://www.business-standard.com/article/economy-policy/overseas-direct-investment-norms-to-be-made-simpler-based-on-principles-120082601784_1.html

 

  1. Agriculture and Rural Economy

 

  1. As joblessness soars with lockdown, rural jobs scheme is failing to help families overcome distress

https://scroll.in/article/970900/as-joblessness-soars-with-lockdown-rural-jobs-scheme-is-failing-to-help-families-overcome-distress

  1. Punjab: Montek-Led Panel’s Prescription for Agri Reform 'Is the Only Way Out’, Says Member

https://thewire.in/agriculture/punjab-montek-led-panel-agri-reform-ashok-gulati

 

  1. 80% of Farmers’ Crop Insurance Claims Unpaid Past Payment Deadline

https://thewire.in/agriculture/farmers-crop-insurance-claims-unpaid-payment-deadline

 

  1. Agriculture and Atmanirbharta' Is a Noble Vision, but Needs Hard Decisions and Political Consensus

https://thewire.in/agriculture/agriculture-atmanirbharta-decision-politics

 

  1. Cover for farmers drops sharply as many States opt out of PMFBY

https://www.thehindubusinessline.com/portfolio/news-analysis/cover-for-farmers-drops-sharply-as-many-states-opt-out-of-pmfby/article32423569.ece

 

  1. 14 States finalise action plan for agri export policy: Commerce Ministry

https://www.thehindubusinessline.com/economy/agri-business/14-states-finalise-action-plan-for-agri-export-policy-commerce-ministry/article32438748.ece

 

  1. ‘Make crop insurance a basic right for farmers’

https://www.thehindubusinessline.com/economy/agri-business/make-crop-insurance-a-basic-right-for-farmers/article32458962.ece

 

  1. Innovation to have big impact on Indian agri sector next decade, says Omnivore report

https://www.thehindubusinessline.com/economy/innovation-to-have-big-impact-on-indian-aagri-sector-next-decade-says-omnivore-report/article32458734.ece

 

  1. How many people actually fall under India's public distribution system?

https://www.business-standard.com/article/economy-policy/how-many-people-actually-fall-under-india-s-public-distribution-system-120082300370_1.html

 

  1. MGNREGA monthly wages double to Rs 1,000 per person amid pandemic: Report

https://www.business-standard.com/article/economy-policy/mgnrega-monthly-wages-double-to-rs-1-000-per-person-amid-pandemic-report-120082501431_1.html

 

  1. Indian farmers driven to debt as banks turn risk-averse during pandemic

https://www.business-standard.com/article/economy-policy/indian-farmers-driven-to-debt-as-banks-turn-risk-averse-during-pandemic-120082700172_1.html

 

  1. Agri sector silver lining for FY21 amid economic slowdown: NABARD chief

https://www.business-standard.com/article/economy-policy/agri-sector-silver-lining-for-fy21-amid-economic-slowdown-nabard-chief-120082701763_1.html

 

  1. States assure Centre of utilising Rs 1 trn agri fund for farmers' welfare

https://www.business-standard.com/article/economy-policy/states-assure-centre-of-utilising-rs-1-trn-agri-fund-for-farmers-welfare-120082701635_1.html

 

  1. Maharashtra CM bats for states' share in crop insurance scheme at 50%

https://www.business-standard.com/article/economy-policy/maharashtra-cm-bats-for-states-share-in-crop-insurance-scheme-at-50-120082701773_1.html

 

  1. Farmers may be paying the price for an inflation-targeting regime

https://www.livemint.com/opinion/columns/farmers-may-be-paying-the-price-for-an-inflation-targeting-regime-11598540385447.html

 

  1. RBI flags concerns over climate change impact on India's farm outlook

https://www.livemint.com/industry/agriculture/rbi-flags-concerns-over-climate-change-impact-on-india-s-farm-outlook-11598360947083.html

 

  1. Industry, Manufacturing, Services and Technology

 

  1. MSMEs slowly get back on their feet, but liquidity problems, shortage of orders & labour remain

https://theprint.in/economy/msmes-slowly-get-back-on-their-feet-but-liquidity-problems-shortage-of-orders-labour-remain/487157/

 

  1. FMCG industry witnesses surge in background screening discrepancies while hiring: Report

https://www.thehindubusinessline.com/news/fmcg-industry-witnesses-surge-in-background-screening-discrepancies-while-hiring-report/article32444157.ece

 

  1. Healthcare industry expects medical tourists to return to India soon

https://www.business-standard.com/article/companies/healthcare-industry-expects-medical-tourists-to-return-to-india-soon-120082300129_1.html

 

  1. Subordinate debt: A way for govt to hand out cash to needy MSMEs

https://www.business-standard.com/article/economy-policy/subordinate-debt-scheme-a-way-for-govt-to-hand-out-cash-to-needy-msmes-120082400671_1.html

 

  1. Covid-19: Packaging industry sees higher volume growth in June-qtr

https://www.business-standard.com/article/economy-policy/covid-19-packaging-industry-sees-higher-volume-growth-in-june-qtr-120082401167_1.html

 

  1. Icra outlook on ports negative for FY21 despite signs of recovery in July

https://www.business-standard.com/article/economy-policy/icra-outlook-on-ports-negative-for-fy21-despite-signs-of-recovery-in-july-120082501027_1.html

 

  1. Global services trade affected by Covid-induced travel curbs: WTO report

https://www.business-standard.com/article/economy-policy/global-services-trade-hit-hard-by-covid-induced-travel-curbs-wto-120082700831_1.html

 

  1. Apparel retail sector may witness 45% fall in revenues this fiscal: Report

https://www.business-standard.com/article/economy-policy/apparel-retail-sector-may-witness-45-fall-in-revenues-this-fiscal-report-120082700928_1.html

 

  1. Govt's portal with data on land banks launched, but experts wary

https://www.business-standard.com/article/economy-policy/govt-s-land-portal-has-information-but-challenges-could-still-crop-up-120082701668_1.html

 

  1. Infrastructure spending can help spur economic activity: KPMG

https://www.livemint.com/industry/infrastructure/infrastructure-spending-can-help-spur-economic-activity-kpmg-11598349596699.html

 

  1. Indian automakers' demand outlook cloudy despite some respite in July: Fitch

https://www.livemint.com/industry/manufacturing/indian-automakers-demand-outlook-cloudy-despite-some-respite-in-july-fitch-11598111545833.html

 

  1. India crude steel output falls over 24% in July, global production shrinks 2.5%: worldsteel

https://www.livemint.com/industry/manufacturing/india-crude-steel-output-falls-over-24-in-july-global-production-shrinks-2-5-worldsteel-11598349045782.html

 

  1. Columns by Paul Krugman

 

  1. Opinion | Stocks Are Soaring. So Is Misery.

https://www.nytimes.com/2020/08/20/opinion/stock-market-unemployment.html

 

  1. Opinion | QAnon Is Trump’s Last, Best Chance.

https://www.nytimes.com/2020/08/24/opinion/trump-qanon-convention.html

 

  1. Other Articles/ Columns

 

  • Economic and Political Weekly

Special Articles

  1. Landlessness and Agrarian Inequality without Landlordism

https://www.epw.in/journal/2020/34/special-articles/landlessness-and-agrarian-inequality-without.html

 

  1. Extending Design Thinking to Public Policy: A Prototype for Fiscal Rule

https://www.epw.in/journal/2020/34/special-articles/extending-design-thinking-public-policy.html

 

  • The Economist
  1. Psychological scars of downturns could depress growth for decades

https://www.economist.com/finance-and-economics/2020/08/29/psychological-scars-of-downturns-could-depress-growth-for-decades

 

  1. China’s monetary stimulus is unusually restrained

https://www.economist.com/finance-and-economics/2020/08/22/chinas-monetary-stimulus-is-unusually-restrained

 

Print Sources:                                   The Hindu, Business Line, Business Standard, Economic Times, Times of India

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