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India s Covid-19 paradox: Mukesh Ambani, stock market and poverty

India s Covid-19 paradox: Mukesh Ambani, stock market and poverty Quartz 18/01/2021 © Provided by Quartz A view of a slum is seen along a seashore in Mumbai “The pandemic has reinforced some of the most latent inequalities in India, both socially and economically,” says Jayati Ghosh, professor of economics at the University of Massachusetts Amherst. And to map this inequality, she says, one need only look at who has gained. In 2020, the cumulative wealth of 828 Indians on the Hurun India Rich List stood at $821 billion (Rs60.15 lakh crore), up by $140 billion from a year ago. A large part of this increase was thanks to one man and one company Mukesh Ambani’s Reliance Industries (RIL).

India s Covid-19 paradox: Mukesh Ambani, stock market and poverty — Quartz India

January 18, 2021 “The pandemic has reinforced some of the most latent inequalities in India, both socially and economically,” says Jayati Ghosh, professor of economics at the University of Massachusetts Amherst. And to map this inequality, she says, one need only look at who has gained. In 2020, the cumulative wealth of 828 Indians on the Hurun India Rich List stood at $821 billion (Rs60.15 lakh crore), up by $140 billion from a year ago. A large part of this increase was thanks to one man and one company Mukesh Ambani’s Reliance Industries (RIL). Ambani’s RIL raised $26.4 billion in deals with Facebook, Google, and several other investors, during the peak of the pandemic-related lockdowns. These deals happened in a climate of economic turbulence in India, which reported a 23.9% degrowth in the quarter ending June 2020, the first GDP decline in four decades.

What Clean Fuel Use in Every Household Means For Women Empowerment

What Clean Fuel Use in Every Household Means For Women Empowerment FOLLOW US ON: By Vandana Tyagi, Dr Ajay Singh Nagpure, Bhavay Sharma, Anandi Mishra In 2019, about three lakh women died prematurely from diseases attributable to household air pollution from the use of polluting cooking fuels in India. Though women and children are more exposed to household air pollution, it is not limited to them. An average Indian citizen spends 80% time indoors. The use of polluting fuels, i.e., firewood, cow dung, and crop residues, not only contributes to indoor air pollution but also accounts for 17-30% of India’s ambient air pollution. Indian Institute of Technology Delhi’s study claims India can achieve National Ambient Air Quality Standards (NAAQS) standard for PM2.5 by only replacing all polluting cooking fuels with clean cooking fuels. Thus, reducing the use of solid fuels for cooking will reduce indoor and ambient air pollution while providing several other co-benefits such as ener

NIT Srinagar signs MoU with IIT Delhi to collaborate on academic activities

NIT Srinagar signs MoU with IIT Delhi to collaborate on academic activities ANI | Updated: Dec 28, 2020 15:00 IST New Delhi [India], December 28 (ANI): A Memorandum of Understanding (MoU) has been signed between the National Institute of Technology (NIT) in Srinagar and the Indian Institute of Technology (IIT), Delhi to collaborate on different academic activities. The scope of collaboration on academic and research activities in the MoU includes Academic and Research collaboration in the areas of mutual interest, exchange of students and faculty, exchange of academic information, scholarly information, materials and publications, and admission of NITSrinagar students for direct PhD entry at IIT Delhi.

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