Advanced economies to recover by 2024, emerging ones to decline 5%: Gopinath
There happens to be a confluence of shocks hitting the world at a time there are very divergent recoveries in the world, says IMF's Gita Gopinath.
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Indian economy’s great dichotomy: Labour shortage amidst job losses!
The trauma of distress migration of 2020, low wages, lack of social security and support systems in urban areas have combined to reduce the return of migrant workers to urban centres.
Budget 2022: Why roadmap to address job crisis and poverty are key to revival
The pandemic has forced millions into poverty due to deaths, catastrophic healthcare cost and massive loss of jobs and businesses. This would keep the demand suppressed.
Family philanthropy funding triples: Report
But a decline in revenue and profitability will impact Indian corporations’ ability to contribute to the social sector through CSR activities.
Covid-19 exposes fissures in global society
As countries continue to battle Covid-19, the World Economic Forum warns that disease, livelihood, inequality, and climate crisis will become more acute in the present decade.
Covid-19 vaccine: The accessibility challenge
While the government rolled out the Covid-19 vaccination programme on January 16, questions of accessibility and affordability remain for sections of the population.
Covid-19: 400 mn workers in India may fall into poverty
Millions of workers are vulnerable to income loss and layoffs, says ILO; the ongoing nationwide lockdown has further pushed workers in the informal sector to the brink.
Climate crisis: Jeffrey Sachs says the rich should do more
They should also be held accountable for their philanthropic promises, says the economist.
India ranks 76th on WEF’s social mobility index
Despite a significant fall in the number of people living in abject poverty, India can improve on providing more equally shared opportunity to its population, says the World Economic Forum.
‘Inequality has grown enormously everywhere’
In a conversation earlier this year, Banerjee spoke to Fortune India about a host of economic issues, including the performance of Modi 1.0.
