The currency swap arrangement between India and Sri Lanka will be beneficial for the island nation as it would meet the short-term liquidity requirements. Currency swap arrangements are done when two countries make trade-related payments. The move would further strengthen India- Sri Lanka relations.
The pandemic will impact all sectors of the world. The UN Secretary-General has warned that to mitigate the impacts many countries might follow repressive measures. Human rights should guide the response and recovery to the [Read More]
In 2018 Oxfam survey reported that the top 1% rich own almost 73% of wealth in India and the 670 million of the poorest Indian saw no more than one percent rise. [Read More]
Relevance: Recently, National Statistics Office has published a report, which says that in the April to June quarter of 2020, India’s GDP contracted by 23.9%, this in comparison to the same period last year. Simultaneously, [Read More]
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