Terming investment in infrastructure "quintessential" to boost growth, the Economic Survey on Friday said post unlocking of the economy, infra sectors are poised for growth and construction of roads is expected to return to the high pace attained before COVID-19. The infrastructure sector will be the key to overall economic growth and macroeconomic stability, the Survey said emphasising that the year after the crisis (2021-22) will require sustained and calibrated measures to facilitate the process of economic recovery and enable the economy to get back on its long-term growth trajectory. "Basic infrastructure facilities in the country provide the foundation of growth. In the absence of adequate infrastructure, the economy operates at a suboptimal level and remains distant from its potential and frontier growth trajectory.
On Monday, the Royal Swedish Academy of Sciences announced that Abhijit Banerjee, Esther Duflo and Michael Kremer had won the 2019 Nobel Prize for economics "for their experimental approach to alleviating global poverty". The research conducted by them has considerably improved the ability to fight global poverty. In just two decades, their new experiment-based approach has transformed development economics, which is now a flourishing field of research, said the Royal Swedish Academy of Sciences. Here are some interesting facts about the Indian-origin Abhijit Banerjee.
The AIADMK's staying power is not in question, but it has to regain the winning streak. That will require its leaders and leadership to re-wire themselves, to be able to re-think situations in ways different from what they had been accustomed to, suggests Sathiya Moorthy.
President of Public Health Foundation of India, Professor K Srinath Reddy said that India may see COVID-19 cases peaking as early as in two months if there are strong public health measures and people take all precautions like wearing face masks and maintaining physical distance.
The Budget outlay for health and well being is Rs 2.23 lakh crore in 2021-22 as against BE of Rs 94,452 crore and marks an increase of 137 per cent," she said while presenting 2021-22 Budget in the Lok Sabha.
The all-weather Atal tunnel inaugurated by Prime Minister Narendra Modi on Saturday will reduce the distance between Manali and Leh by 46 km and the travel time by four to five hours.
How Shibani Bhagat plans to rewrite the rules of the Indian sneaker business.
In the unlikely event of the BJP-NDA losing all five states going to the polls in February-March, the Presidential electoral college numbers could be significantly altered, points out N Sathiya Moorthy.
He served as an effective link between the party and government during the two terms of the United Progressive Alliance (UPA) between 2004 and 2014. As political secretary to Congress president Sonia Gandhi, he had access to leadership that no other leader in the party had and worked the channels to work out various issues.
Before pedalling down the streets of the state capital, Yadav told mediapersons at the party headquarters that the BJP government has "failed" in Covid management.
In an address at the Indian Council of World Affairs, he said Nepal wants to take the relations with India to the next level, but at the same time added: "We should be mindful equally that healthy relations require continuous nurturing, creative thinking, promptness and readiness to understand each other in changing dynamics."
With the Tamil Nadu electorate having given him an unprecedented mandate that had eluded his father the late M Karunanidhi, Stalin has to prove his worth, ensuring at the same time that the Dravidian drag on the AIADMK's side does not open up space for the BJP to make inroads in the state, says N Sathiya Moorthy.
The actor launched the Paani Foundation, which has participation from businessmen like Mukesh Ambani, Ratan Tata, Kumar Mangalam Birla.
'This chauvinistic attitude, what they call nationalism in the name of religion, is sad.' 'It is a tragic state that we are all in currently.'
Rahul Dravid 'picked' the Australian 'brains' to create solid domestic structure which has served as a feeder line for his country's national team,
"Just because some political figures are involved, you will not investigate, we will not allow this," said the court adding that it would have appreciated if the police had enquired into specific allegations levelled against each person and then filed the report.
The Indian State does not believe in the rule of law. It does not even recognise the need to follow treaties that it itself signed. And so it is refusing to shell out to Cairn; and, as a consequence, has brought on the Paris humiliation, notes Mihir S Sharma.
The tearing hurry to form theatre commands has to be replaced by a balanced and deliberate approach. We need to accept that this process will take time if executed correctly and in the best interests of the Indian armed forces, argues Commodore Venugopal Menon (retd).
Mobility company Ola's chief financial officer Swayam Saurabh and chief operating officer Gaurav Porwal are leaving the company. These developments come at a time when the SoftBank-backed company's core ride-hailing unit is planning to go public and for which it raised $500 million from Warburg Pincus and Temasek in July this year. These investment firms had partnered with the company founder Bhavish Aggarwal for this round.
The top court had on March 17, maintaining that women and men officers should be treated equally, cleared PC for women in the Navy and asked the Centre to complete the modalities within three months.
Describing the surge of COVID-19 infections and deaths in India as 'nothing short of heartbreaking', Vice President Kamala Harris said on Friday that India's welfare is critically important to the US.
Olympic bronze medallist Gagan Narang on what made him start the Gagan Narang Sports Promotion Foundation way back in 2011 when he himself in the midst of his own shooting career.
'What prevents infection are masks, physical distancing and good ventilation.'
If you have pursued your bachelor's degree from elsewhere, studying a master's programme in public universities in Germany is easier as 80% of the universities are free, says Sushil Sukhwani.
Since its launch in late March after India went into a lockdown, concerns about transparency have been expressed about the PM-CARES Fund
When it comes to diversity, swimming has a way to go.
While Bangladesh ranked 75, Myanmar and Pakistan are in the 78th and 88th position. Last year, India's rank was 102 out of 117 countries.
Rather than talking endlessly about lost and marginal opportunities, India's climate envoys need to start thinking bigger, says Mihir S Sharma.
'Harassment' is the objective, not detention.
The going is not going to be easy for the DMK and its allies in Elections 2024. Despite the seats sweepstake in the 2021 assembly polls, the vote-share difference of 5.6% (DMK's 45.38% versus AIADMK-BJP's 39.72%) is not insurmountable on a bad day, points out N Sathiya Moorthy.
Mumbai-based artiste Dev Mehta wants to use modern art to inspire people to think and see things differently. This is his story.
A candidate with good communication skills, critical thinking and problem solving abilities will have a higher chance of being hired.
'It's better to part ways on a happy note than staying together nursing hard feelings.'
Naukri.com's Hiring Outlook Survey for 2020 reveals the jobs and sectors that saw a surge in demand during the pandemic.
Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.
Prime Minister Modi has certainly pulled back, and his political capital -- dependent as it is on an image that he knows best and never retreats -- may have taken a bit of a beating. But, equally, it is hard to say that the protesters have 'won', argues Mihir S Sharma.
An individual must have tolerance for ambiguity and will have to learn to adapt to changing scenarios, suggests Career Coach Dr Shruthi J Mayur.
'We have filed our draft red herring prospectus for a floating IPO for a net offer size of 86.6 million shares.'
'The US President is joining the Prime Minister in addressing a huge Indian diaspora event in Houston and they will also meet on the margins of the UNGA in New York'
Google on Wednesday launched its global 'Be Internet Awesome' programme for children in India in partnership with Indian comic book publisher Amar Chitra Katha to interweave critical internet safety lessons across eight Indian languages. The tech giant has also launched an enhanced Google Safety Centre in eight Indic languages as part of its efforts to step up safety of users on the internet. Google has significantly increased its resources dedicated to India's Trust Safety teams, including product policy analysts, security specialists, and user trust experts that support over 10 vernacular Indian languages, enabling its central teams to benefit from the local nuance and inputs.
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