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Global factors that would impact Indian economy

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Chief Economic Advisor Arvind Subramanian

The survey cites the US presidential elections and that its implications to be of grave concern

By Parsa Venkateshwar Rao Jr

One of the major concerns expressed in the Economic Survey is the global context, including the consequences of the election of Donald Trump as the United States president, disturbances in the Chinese economy and the rise in global crude oil prices.

The survey noted, “In the short run, the change in the outlook for global interest rates as a result of the US elections and the implied change in expectations of US fiscal and monetary policy will impact on India’s capital flows and exchange rates.”

The second major external factor that the survey refers to is the rise of protectionist sentiment and what Chief Economic Advisor Arvind Subramanian described as “gathering gloom over globalisation”. It says that the “stagnant or declining trade at the global level” would “affect India’s export and growth prospects”.

The third major factor would be the impact of a stronger dollar on the Chinese economy. The survey says, “If China is able successfully to re-balance its economy, the spill-over effects on India and the rest of the world would be positive. On the other hand, further declines in the yuan, even if dollar-induced, could interact with underlying vulnerabilities to create disruptions in China that could have negative spill-overs for India.”

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Chhattisgarh: 5-year-old appointed child constable after father’s death

Naman, a UKG student, has been posted as a child constable on compassionate grounds in Sarguja, a district in Ambikapur’s Chhattisgarh.

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Chhattisgarh: 5-year-old appointed child constable after father's death

A five-year-old boy from Chhattisgarh’s Sarguja has been appointed child constable on Thursday after the death of his father, a police officer, in a road accident.

Raj Kumar Rajwade, who was a police officer posted in Mahila Thana, died in a road accident. Following the incident, the Superintendent of Police (SP) Bhavna Pandey said that his 5-year-old son, Naman Rajwade, will take over his position.

Naman, a UKG student, has been posted as a child constable on compassionate grounds in Sarguja, a district in Ambikapur’s Chhattisgarh.

Speaking about Naman’s posting, his mother Nitu Rajwade said that her husband died in an accident. Now, his son has been appointed as the child constable. She said she is hurt a bit but is happy for her child.

The decision to appoint Naman as a child constable was taken as per the guidelines by the administration and police headquarters.

According to the guidelines of the Police Headquarters, in such a case, if someone below 18 years is present in the family, he is appointed as a child constable. Under this, Naman Rajwade has been appointed as a child constable.

Earlier in January too, a similar incident took place in Chhattisgarh’s Surajpur when a five-and-a-half-year-old boy was made a child constable after he lost his father. Furthermore, a four-year-old boy in Katni, Madhya Pradesh, was appointed as a child constable after his father’s demise who was a head constable in the police force.

Child constables will be appointed as full time constables on attaining the age of 18 years.

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Rahul Gandhi disqualified as Lok Sabha MP after conviction in 2019 defamation case

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Congress leader Rahul Gandhi has been disqualified from his membership as a Member of Parliament (MP) from the Lok Sabha after his conviction and subsequent two-year prison sentence in a 2019 defamation case by a court in Gujarat’s Surat city yesterday.

This is a breaking story and more details will follow.

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Amritpal Singh may be headed to Delhi: Reports

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Fugitive Khalistani leader Amritpal Singh may be headed for Delhi, a day after his last known location was traced to Haryana, reports quoting sources have claimed.

An NDTV report quoting sources said the security has been heightened across the national capital as its suspected that the notorious ‘Waris Punjab De’ chief may be headed to Delhi after last being spotted in Shahabad in Haryana’s Kurukshetra.

On Sunday, Amritpal Singh and his associate Papalpreet Singh, had stayed at Shahabad home of a woman identified as Baljeet Kaur, who was arrested yesterday, Punjab Police said.

A video with a time stamp of Monday, doing the rounds on the internet yesterday showed the fugitive Sikh preacher dressed in a white shirt and blue jeans, trying to hide his face with an umbrella as he was departing from the Baljeet Kaur’s house in Shahabad.

On Thursday, the Punjab Police arrested Amritpal Singh’s former gunman and notorious associate, Tejinder Singh aka Gorkha Baba.

A report quoted DSP Payal Harsimrat Singh of the Punjab Police as saying that Tejinder Singh, a resident of Punjab’s Mangewal village, was nabbed by the Khanna police.

DSP Harsimrat said Tejinder, who was a gunman for Amritpal Singh for a long period and often lived with the Waris Punjab De chief, is also involved in the Ajnala case. The officer said that Tejinder, also known as Gorkha Baba, was very active on social media and often posts pictures of himself brandishing different weapons due to which he’s wanted in a separate case registered against him at Malaud police station.

The official further said that Tejinder has been booked under sections 107/151 of the Indian Penal Code (IPC) and two other aides who accompanied him, have also been taken into custody and are being questioned.

A nation-wide crackdown was launched to nab Amritpal Singh after last month, the dreaded Khalistani leader and his supporters armed with swords and guns, stormed a police station in Ajnala on the outskirts of Amritsar city and clashed with police for the release of one of his aides Lovepreet Singh.

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