India’s GDP overestimated? With Aunindyo Chakravarty
India’s GDP growth has not been matched by a similar growth in key sectors of the economy. This indicates that India’s fabled GDP growth rate is more a mirage than reality, says senior journalist Aunindyo Chakravatry
Dispatches from India: Dissecting the growth story
In this episode, we take a look at the buzz around India becoming the world’s fifth biggest economy, students raising concerns about the future of education, and the reasons for the flooding of one of the country’s biggest cities
No signs of economic recovery in India
Journalist Aunindyo Chakravarty discusses India’s economic situation in light of the latest GDP numbers and explains why the road to recovery is likely to be long for the country
We take a look at the latest GDP numbers, comments by a judge in Uttar Pradesh, the situation of education in the country, a detailed analysis of the economic context to hate crimes, and the crisis faced by weavers in the State of Tamil Nadu
“China’s successful battle against poverty is a part of its process of socialist construction”
A recent study published by the Tricontinental: Institute of Social Research provides a detailed understanding of methods and motivations behind the Chinese initiative, which has lifted more than 850 million people out of absolute poverty since 1949
UN calls for investigation into Tigray war citing rights violations and other stories
Today we take a look the UN’s call for an investigation into Ethiopia’s Tigray region, a campaign to boycott Amazon, the ongoing Covid-19 vaccine development efforts in Cuba, and the declaration of an end of absolute poverty in China
China achieves goal of eradicating absolute poverty
Over the last eight years, China has lifted a total of 98.99 million poor out of poverty.
China declares end of absolute poverty in the country a decade ahead of the UN schedule
Through state-led initiatives it has lifted more than 770 million people out of poverty since 1979, which accounts for more than 70% of total global poverty reduction
Why third world workers were worst hit by the pandemic
Advanced countries have been more open-handed in fiscal support for their economies, in particular for workers, while Third World countries have been extremely niggardly, not necessarily out of choice (except in the case of India)
The difference between the US and China’s response to COVID-19 is staggering
While US continues to suffer the devastating impacts of poor management of the COVID-19 pandemic, China’s people-centered approach serves as a model to follow
Governments need to boost economies with large fiscal stimulus
This is not the time for fiscal conservatism. To get out of economic crisis, governments must undertake fiscal boosts which increase purchasing power of the poor
Food consumption trends point at real income decline before pandemic
Why has there been a tendency toward persistent ‘excess supply’ in the foodgrain market when growth rate of foodgrain output has barely exceeded the population growth rate?
