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Category Archives: National & World

India’s GDP Contraction—Myths and Realities

The pandemic has halted financial growth across the globe. Economies—from the most prosperous ones to the ones growing the fastest—have found it challenging to satisfy the needs of their citizens. People across India have been reeling under the recent statistics released by the government that claimed a 23.9 per cent contraction of the GDP. This article busts the various myths surrounding this contraction and its relevance to India’s economic health.

Fearsome Freshets—the Karnataka Floods

The post-monsoon rains have wreaked havoc in many places in the state of Karnataka. The temple town of Udupi and several other regions have borne the brunt of the flash floods caused due to excessive rainfall and a lack of effective prevention measures being taken by the government. After a widescale evacuation of people by the NDRF in the last few weeks, the state looks forward to recovering from the damage it has sustained.

A Dance With the Dragon—India’s Amendment to the FDI Policy

China’s FDI has grown five-fold since 2014 and, as of December 2019, its cumulative investment in India exceeded $8 billion. On 17 April 2020, India modified its FDI policy such that all countries sharing a border will have to gain government approval before investing in a home business. Understandably, this caused quite an uproar on the world’s economic stage.

Rights of Persons with Disabilities Act—Amendment, 2020

The government has proposed an amendment for the Rights of Persons with Disabilities Act, 2016 to encourage investment in businesses. This, however, could prove to be highly detrimental for Persons with Disabilities (PwD) and fails to protect the best interests of this community. As activists all over the country raised their concerns over this, the proposal for an amendment was recanted.

COVID-19 and the Crisis of Black Gold

The world is paralysed, the driving force of the economies is running low on fuel. The irony? We now have a surplus of oil. With the oil markets crashing as a consequence of an ominous venture of the novel coronavirus, this article expands on the debilitating condition of oil industries during the pandemic and its global impact that has stranded the oil-dependent countries in uncertain waters.

Super Cyclone Amphan–Compounding Crises

Super Cyclonic Storm Amphan recently wreaked havoc in the states of West Bengal and Odisha. Millions of people were displaced as the storm showed no mercy in destroying livelihoods and depleting natural resources. These states now have to navigate their way through a natural disaster while also reeling with the ill effects of the coronavirus pandemic.

Dealing with Disasters—An Insight into Kerala’s Management

Following three consecutive disasters that put Kerala’s disaster management model to the test, the coastal state now stands firm in its battle against the ongoing pandemic. The fine tuning of the model, coupled with a united front by the people of the state, continues to stand as an excellent example for the rest of the country to follow.

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