In the post-pandemic world, addressing inequality is key to sustaining growth and well-being
COVID-19 in the last one year has once again reminded us of the growing inequalities in India. A recent Pew Research Report shows that India’s middle class may have shrunk by a third due to the novel coronavirus pandemic while the number of poor people earning less than ₹150 per day more than doubled. The Pew report also warned that the situation may actually be worse than estimated because of worsening inequalities. International organisations like the World Bank, the International Monetary Fund and the International Labour Organization have also warned about rising inequalities in several countries including India due to the pandemic.
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Kamat said that the BJP government must now stop fooling people and start fulfilling the promises made to the people of Goa.
Margao: Taking a jibe at Pramod Sawant led Bharatiya Janata Party (BJP) government in Goa, Leader of Opposition Digambar Kamat on Sunday (April 4) said that data released by the Centre for Monitoring Indian Economy (CMIE) ranking Goa second in unemployment was another feather in the cap for the state government.
Kamat also said that the BJP government must now stop fooling people and start fulfilling the promises made to the people of Goa. The directionless BJP government has pushed Goa into financial bankruptcy and economic disaster since grabbing power in 2012. The data released by the CMIE has once again exposed the false claims of the BJP government on employment in the state. This is a tight slap on the face of all those who are doing false propaganda of creating job opportunities for youth in Goa, the LoP said.
Goa ranks 2nd in unemployment, another feather in cap for state govt: Digambar Kamat ANI | Updated: Apr 04, 2021 20:46 IST
Margao (Goa) [India], April 4 (ANI): Taking a jibe at Pramod Sawant - led Bharatiya Janata Party (BJP) government in Goa, Leader of Opposition Digambar Kamat on Sunday said that data released by the Centre for Monitoring Indian Economy (CMIE) ranking Goa second in unemployment was another feather in the cap for the state government.
Kamat also said that the BJP government must now stop fooling people and start fulfilling the promises made to the people of Goa The directionless BJP government has pushed Goa into financial bankruptcy and economic disaster since grabbing power in 2012. The data released by the CMIE has once again exposed the false claims of the BJP government on employment in the state. This is a tight slap on the face of all those who are doing false propaganda of creating job opportunities for youth in
Gautam Adani biggest gainer amid pandemic as new supercycle makes energy billionaires richer globally
Agencies
April 3, 2021
Back in October, Harold Hamm predicted a win by Joe Biden in the US election would “strange and starve oil and gas.” Instead, he’s made a killing.
With shares of his Continental Resources Inc. more than doubling in the past six months, Hamm’s personal fortune has jumped this year by $3.3 billion to $8.4 billion, according to the Bloomberg Billionaires Index.
Sure, Biden won in November and is now promoting policies to reduce greenhouse gas emissions. But crude prices have surged in recent months amid supply cuts and increased demand for natural gas to renewables as economies emerge from the Covid-19 crisis. Hamm, 75, who supported Donald Trump in the election, is one of the biggest gainers among energy billionaires.
Photo by Ono Kosuki from Pexels
While the overall unemployment rate in the country has dropped to 6.52 per cent, urban unemployment is up by 7.24 per cent in March, according to data from the Centre for Monitoring Indian Economy (CMIE). This comes at a time when some cities have been placed under strict restrictions or are more likely to be under a lockdown-like situation to curb the spread of COVID-19.
The overall unemployment rate in the country stood at 6.52 per cent in March, from 6.90 per cent the previous month. After two months of decline, the urban unemployment rate increased to 7.24 per cent in March from 6.99 per cent in February. In rural unemployment, the figures fell to 6.19 per cent in March from 6.86 per cent in February, according to the Moneycontrol report.