India, for years an economic bedrock in the third world, confronts its worst economic crisis in four decades of independence. The brunt of these troubles is hitting the country's newly elected government, which is struggling to get off the ground.A day after being sworn in as the new prime...
Much has been written about the way in which India was one of the few countries that was relatively unscathed because of the global economic crisis. Most of these narratives focused on how India managed to weather the storm in the dark days following the collapse of Lehmann Brothers. However,...
[7] After two extensions, the two treaties expired on 23 March 1989, resulting in a virtual Indian economic blockade of Nepal that lasted until late April 1990.[8] 【参考译文】1978年,印度同意分开贸易和过境条约,满足了尼泊尔长期以来的要求。然而,令尼泊尔皇宫深感恼火的是,印度一直允许尼泊尔反对派...
The Global Economic Crisis: Impact on India and Policy Responses India's financial sector is not deeply integrated with the global financial system, which spared it the first round adverse effects of the global financial... R Kumar,P Vashisht - 《Adbi Working Papers》...
One of India's great economic advantages is the youth of its population. To make the most of this advantage, India's children need to be educated. On paper, India is doing well here. The country has a nationwide network of state primary schools funded by a specially designed tax. 96% ...
Half of the spinning machines in the V. Kalyanaraman spinning mill in India are idle, with more than 400 workers in the factory, but 1/3 have left. The Domino effect of Western recession has spread to Southeast India, where textile exports have been reduced and hundreds of thousands of wo...
Starting from the Goods and Service Tax (GST) reforms to the recent farm and labour law reforms, the pandemic has not been able to dampen the government’s intent for marching ahead with economic reforms coupled with tax policy rationalisation, changing the COVID-19 adversity into an opportun...
containing the virus: a conundrum many other nations are also grappling with. On May 8, our McKinsey experts sat down to talk about some of the measures India can take to stabilize and support households, businesses and its financial system as they deal with economic losses. How can India ...
The government faced ridicule, even from its own supporters in parliament, for seeking a deal on nuclear cooperation with the United States. Progress on the deal, which critics believed would give the United States undue leverage over the Indian government, prompted a confidence vote that the UPA...
[00:45.12]with nearly 10 million COVID-19 cases. [00:50.92]Millions of people lost jobs and hundreds of small businesses closed. [00:58.68]But experts warned that the economic problems [01:02.44]went deeper than the health crisis.