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Despite the booming stock market and the increasingly wealthy world of unicorns, the downside of the K-shaped recovery is manifesting itself in the growing struggles of “midde India” — small businesses and people without formal sector jobs – which has been experiencing a series of shocks since demonetisation in 2016. Pointing out that their travails are interconnected with the broader macro-economy, Ajay Shah assesses the two dimensions of concerns policy-makers need to think about for 2022. Read it here

In other views:




The top edit explains why the Budget must focus on recovering ground lost since 2020.

Read it here

The second edit says the must plan for a shorter poll process. Read it here

Tamal Bandyopadhyay says the inside story of RBL Bank is not a saga of fraud but of unlimited ambition and greed for growth. Read it here

Sunita Narain points to ways in which India’s garbage disposal policy could turn waste into a resource for reuse. Read it here

QUOTE OF THE DAY

“Over 80% of people in the country have been naturally infected by the virus”

Dr N K Arora, chairman of the National Technical Advisory Group on Immunisation

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