Indian homes hopeful of a turnaround, reveals CMIE s consumer index
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CMIE is of the view that the sustenance of recovery is best achieved when households feel positive of their well-being. “India’s vast consumer markets need to feel like spending beyond their essential requirements for the economy to pick pace beyond the recovery,” it said.
Agencies
The higher growth in consumer expectation index is a reflection of rising confidence of Indian households and is vital to sustain the economic recovery, the Centre for Monitoring Indian Economy said, suggesting there is a need to further build up this confidence.
We must intervene to fight off a crisis of hunger and malnutrition
Hundreds of children suffer from acute severe malnutrition because of poverty and grinding conflict
(AP)
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Much attention paid to the pandemic’s harm may have been focused on economic growth, but a far more serious challenge that India is likely to face relates to hunger and malnutrition. While concrete nationally-representative data is unlikely to be available soon, several privately-conducted surveys after covid suggest that the situation is far worse than thought. Data on consumption expenditure and malnutrition also point to a reversal of earlier gains made against malnutrition and hunger. Unlike economic growth, which is likely to rebound to a respectable annual rate of 6-7%, the long-term impact of India’s retrogression on those two indicators can prove severe enough to affect other human development outcomes.
New Delhi, Feb 24: Several dying small scale industries in India are looking at a comeback with Prime Minister Narendra Modis thrust on Aatmanirbhar Bharat that also focuses on import reduction. Sentiments are also rapidly changing as the .
February 22, 2021
Amitabh Bachchan’s 753rd tweet the superstar carefully numbers his social media activity was a somewhat unfunny joke on rising inflation. Fed up with rising petrol prices, a Mumbaikar goes to a petrol pump to buy “two to four rupees” of petrol in order to “spray on his car” in order to “burn it.” Clearly, it was unviable for a middle-class Indian to now even own a car.
This was in 2012 a time when jokes around the price of petrol were so popular they almost made up their own humour genre in India. This was also a time when the Congress-led United Progressive Alliance was tottering. And as it soon learnt, there was little more damaging politically than humour. The widespread mocking of fuel prices served to create a middle-class “common sense” that the UPA was a time of exceptional misrule and corruption.
Fiscal budget 2021-2022: A mixed bag of boons and banes – PaGaLGuY pagalguy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pagalguy.com Daily Mail and Mail on Sunday newspapers.