Government investment in infrastructure is often criticised for expensive, poor-quality projects that offer very little benefit for the people and the economy. Read more »
The meeting discussed sectors that could benefit from loan restructuring scheme and Sitharaman asked banks to give feedback on the scheme. Read more »
The economies of a dozen states are under strain due to non-payment of GST dues. This has forced them to cut capital expenditure and delay salary payments. Read more »
A majority of the 105 countries surveyed had to suspend many routine and elective services, while critical care was interrupted in low-income countries. Read more »
A large section of the population in in LIDCs live near subsistence levels. The governments' ability to support them is curtailed by limited fiscal resources. Read more »
India recorded 47,704 new cases and 654 deaths in the last one day. The country registered more than 30,000 recoveries per day for the fifth day running. Read more »
At least 710 million tonnes of plastic will be generated even if governments take concerted action to reduce waste, say researchers from University of Leeds. Read more »
Reducing inequalities is the biggest challenge for policy makers as they set out to rebuild the economies ravaged by the coronavirus outbreak. Read more »
Annual mean global temperature in the next five years may be at least 1° Celsius above pre-industrial levels. Read more »
The watermelon snow is caused by algae that is commonly found in the Dark Zone of Greenland. Read more »