Mehbooba Mufti, 61, was arrested on August 5 last year, the day the Central government abrogated the special status of Jammu and Kashmir and downgraded the state into two Union Territories. While Mufti was lodged under preventive detention for six months, she was booked under PSA in February this year.
After 21-year old Burhan Wani was killed by security forces, thousands thronged the streets in protest, pelted stones, snatched weapons of police, overturned and burnt their vehicles, and damaged property of security forces.
In his first interview to The Indian Express since the abrogation of the special status of Jammu & Kashmir and his release from detention, Omar Abdullah speaks about a range of issues, from the Gupkar Declaration to “disappointment” by the reaction of India’s political leaders post August 5, 2019, to the future as he sees it.
The ongoing crisis opens a window for New Delhi to reset relations with China. New Delhi’s trade policy needs to be alive to the imperative of higher growth, which can be achieved only through more, not less, globalisation.
Banning 59 mobile apps that have Chinese overhang is both a statement of intent and a strong signal. This may not hurt India given the alternatives in the app space but for China, the Indian app market is growing and valuable.
In this E-Xplained held a few weeks before he quit as Director, National Institute of Public Finance and Policy, Rathin Roy, ex-member of PM’s Economic Advisory Council, discusses challenges and options in a likely recessionary year.
In this E-Xplained event on Zoom, Manish Sabharwal, chairman & co-founder of the staffing and human capital firm Teamlease Services, and Director, RBI Central Board, discusses lockdown, unlockdown and jobs.
While China may not be a big investor in the traditional sense, and business relations are viewed more in terms of the trade deficit that India suffers, it is the new economy and start-up space where China has increased its influence.
Uday Kotak said that there is an opportunity to rebalance rural and urban and that the state needs to work towards the aspect of providing a social security net to not only migrants but also businesses across the board.
Indeed, addressing the CII annual session Tuesday, Prime Minister Narendra Modi cited ACs as a priority sector, besides furniture, leather and footwear, for the government’s Make in India push to generate jobs.
The survey was conducted after the latest round of easing, and the respondents included large companies, regional trade bodies, and also some small and medium enterprises across the manufacturing and services sectors.
In her fifth and final tranche of the AtmaNirbhar package announced on Sunday, Finance Minister Nirmala Sitharaman allocated a chunk of the Centre’s fiscal relief — Rs 40,000 crore or 0.2 per cent of GDP — as additional allocation to MGNREGA over and above the Budget Estimate of Rs 61,500 crore.
Covid-19 India Economic Package: Much of the May 12 Atmanirbhar package of Prime Minister Narendra Modi totaling Rs 20 lakh crore and elaborated over the last five days by Sitharaman has been liquidity driven, with little burden on the exchequer.
If that happens, it won’t be unique to India — the IMF expects the Covid pandemic to severely impact growth across regions in its latest World Economic Outlook. It expects the US economy to shrink 5.9 per cent and the global economy to decelerate 3 per cent.
While most states have written letters to Prime Minister Narendra Modi asking that the Centre clear their pending dues, they are likely to press these demands at a video conference he has scheduled on Thursday.
In an interview to P Vaidyanathan Iyer, Director at the National Institute of Public Finance and Policy Rathin Roy talks about the priorities, pain points, and fiscal needs of what he calls a "warlike economy".