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Indian Economy Contracts 7.3% In FY21


The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation, has released the Provisional Estimates of National Income for the financial year 2020-21, both at Constant (2011-12) and Current Prices. Real GDP or Gross Domestic Product (GDP) at Constant (2011-12) Prices in the year 2020-21 is now estimated to attain a level of Rs 135.13 lakh crore, as against the First Revised Estimate of GDP for the year 2019-20 of Rs 145.69 lakh crore, released on 29th January 2021.
The growth in GDP during 2020-21 is estimated at -7.3% as compared to 4% in 2019-20. GDP at Current Prices in the year 2020-21 is estimated to attain a level of Rs 197.46 lakh crore, as against the First Revised Estimates of Rs 203.51 lakh crore in 2019-20, showing a change of -3.0% as compared to 7.8% in 2019-20. GDP at Constant (2011-12) Prices in Q4 of 2020-21 is estimated at Rs 38.96 lakh crore, as against Rs 38.33 lakh crore in Q4 of 2019-20, showing a growth of 1.6%. ....

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470 infrastructure projects show cost overruns worth Rs 4.38 trillion

Read more about 470 infrastructure projects show cost overruns worth Rs 4.38 trillion on Business Standard. As many as 470 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.38 trillion, according to a report. ....

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By introducing eggs in mid-day meals, Maharashtra government could end malnutrition in the state. Will it?


08 March 2021
Indian schoolchildren waiting in line for their mid-day meal at a government primary school in the outskirts of Hyderabad, in June 2011. Districts across Maharashtra report alarming rates of childhood malnutrition that continues unabated regardless of the country’s purported economic successes.
NOAH SEELAM/AFP/Getty Image
Indian schoolchildren waiting in line for their mid-day meal at a government primary school in the outskirts of Hyderabad, in June 2011. Districts across Maharashtra report alarming rates of childhood malnutrition that continues unabated regardless of the country’s purported economic successes.
NOAH SEELAM/AFP/Getty Image
In 2005, Maharashtra’s Palghar district became the face of chronic child malnutrition in India as reports emerged of the death of 718 children due to malnutrition. Palghar, a predominantly tribal region, with a 37 percent Adivasi population, is only 114 kilometres away from Mumbai, t ....

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