Employment declines due to covid-19, situation will take more time to improve: RBI

-

New Delhi, 25 August 2020 Tuesday

The Reserve Bank of India (RBI-Reserve Bank of India) has released its annual report for 2019-20 (July-June). The report said economic activities have been affected by the COVID crisis. This has affected the production and supply chain. Further reforms are needed due to slower investment. The economy has been affected by slow economic activity.

The RBI's 2019-20 annual report focuses on increasing investment and reform. In the report, the RBI said the second quarter would also see an impact on economic activity. Corona has disturbed the production and supply chain. Recovery will come from increased public and private consumption. The Reserve Bank has called for reforms in investment. The RBI said in the report that it needs to invest ડા 4.5 trillion in infrastructure by 2040.

According to the report, total gross income in 2019-20 was Rs 1.50 lakh crore. Total gross income for the period fell to Rs 1.50 lakh crore from Rs 1.95 lakh crore in the same period last year. As on June 30, the RBI had a total deposit of Rs 11.76 lakh crore.

The RBI 2019-20 ANNUAL REPORT further states that the period has seen a decline in consumption in urban areas. Rural demand has been better than urban demand. It will take time for consumption to improve and conditions to return to normal. The migrant labor crisis and declining employment have had an impact on growth. The report said it would take time for demand to return as before.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se
Read more