Tag: economy
-
Agriculture sector will help in reviving the economy
(Riya Singh, Intern Journalist): The bad phase for the Indian economy has now passed. This has been concluded in a report released on Tuesday by the Finance Ministry. The report said that keeping in view of better monsoon, the agriculture sector could play an important role in reviving the economy affected by Covid-19. The July…
-
Improvement in exports
(Riya Singh, Intern Journalist): The country’s exports are showing significant improvement. Commerce and Industry Minister Piyush Goyal said on Tuesday that exports in July have been close to the level of the same month of last year. He said that there are many such signs that show that the state of economic activities in the…
-
PM Modi -‘Development Engine’ of the country in Eastern India
Prime Minister Narendra Modi has addressed the people of the country today through the ‘Mann Ki Baat’ program amid the Corona crisis. During this time today, the Prime Minister gave a major talk about Eastern India and highlighted its importance. He said that the eastern region of the country has the potential to become India’s…
-
Economy lying sluggishly even before Covid-19
(Juhi Aishwary, Intern Journalist): The coronavirus can have a huge impact on the country’s economy. From the figures released by the government on Friday for the last quarter of the last financial year and the whole year, it is clear that we have entered the Covid-19 era with a very weak economy. The growth rate of GDP…
-
14 million people may face starvation
The United Nations World Food Program has warned that due to the coronavirus lockdown, starvation problems may increase in Latin America. Starvation here can reach 14 million as the country’s economy is derailing due to the lockdown. In such a situation, people’s lives will also be affected. Shocking figures have been released from new estimates…
-
Indians will bring NewYork’s economy back on track
A commission has been formed to put the economy of New York Province on track to become the epicenter of the Corona epidemic in America. It also includes Indian physician Siddharth Mukherjee and higher educationist Satish Tripathi. Born in Delhi, Mukherjee won the Pulitzer Prize in 2011 for his book on cancer. While Tripathi studied…
-
Tech Giants are in No Rush to Revive Moribund Economy
Regardless of the pressure from the government, the technology giants are in no rush to revive the moribund economy. These companies are no longer speedy to get their employs back in the office rather, rather wanting their staff to continue working from home up until next year. In places like Washington, the companies like Facebook…
-
Centre Opts for Long-Term Agricultural Reforms
(Juhi Aishwary, Journalist): On Friday, finance minister Nirmala Sitharaman held her third press conference in as many days to follow up on Prime Minister Narendra Modi’s promise of a Rs 20 lakh crores financial stimulus package. After focusing on Micro, Small and Medium Enterprises (MSMEs), and migrant workers in the first two days, Sitharaman turned her attention to agriculture. Sitharaman spent…
-
2nd Tranche of ECONOMIC PACKAGE 2020: Nirmala Sitharaman
(Pooja Pal; Intern Journalist): On Wednesday, Sitharaman gave the details of the Modi government’s Rs 20 lakh crore economic package which incorporated Rs 30,000 crore Special Liquidity Scheme for non-banking monetary companies, micro-finance companies, housing finance companies; Rs 45,000 crore liquidity infusion through a semi Credit Guarantee plan 2.0 for NBFCs. FM Nirmala Sitharaman on…