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News Highlights: More than 10,000 children live on streets with families, WCD ministry informs

Business and Political News Highlights: Over 10,000 children are living on the streets with their families, the Women and Child Development Ministry told in Parliament. As per data enumerated by the Bal Swaraj portal, there are 19,546 children in street situations in India, out of which 10,401 children are living with their families on the streets, while 8,263 children stay on the streets in the day and are back home in the night with their families who reside in nearby slums.

February 10, 2023 / 22:51 IST
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    More than 10,000 children live on streets with families, WCD ministry informs

    Over 10,000 children are living on the streets with their families, the Women and Child Development Ministry told in Parliament.

    As per data enumerated by the Bal Swaraj portal, there are 19,546 children in street situations in India, out of which 10,401 children are living with their families on the streets, while 8,263 children stay on the streets in the day and are back home in the night with their families who reside in nearby slums.

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    Cong accepted its MP violated rules, law same for both men and women: Irani on Patil's suspension

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    Explaining why Uttar Pradesh is ideal as an investment hub, Shah said: “The law and order situation in Uttar Pradesh has improved, the infrastructure has developed, and so many policies have been introduced to support industries. The UP govt is transparent under Yogi Adityanath’s leadership. For industry and investment, UP has become an ideal place.”

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    'No gender has right to violate law', says Smriti Irani after Opposition MPs dub Patil’s suspension ‘anti-women’

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    However, SP MP Jaya Bachchan said the way this was done was “very humiliating”.

    The actor/politician said: “I think it was done in a very humiliating manner. Shouldn't have happened. If they feel something wrong was done, they should've sent it to Committee. Don't know if they sent it. She wasn't given a chance to clarify.”

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    Rahul Bajoria, chief India economist, Barclays, on December IIP numbers:

    India’s industrial output remained robust in December, rising by 4.3% y/y, though moderating from the 7.1% growth in November, which came off a low base. In level terms, output was the highest since March 2022. On a rolling basis, though, IP still remains relatively weak.

    Surprisingly, manufacturing output increased, though growth still slowed from November (Dec: 2.7% y/y, Nov: 6.1%). The data suggest that India’s manufacturing sector is still stronger than those seen in the rest of Asia, though a very gradual slowdown may start to be visible.

    Of note was the sharp 10.4% contraction in consumer durables, partly driven by a high base, but also a sequential slowdown.

    On a three-month rolling basis, IP remains relatively weak, in contrast to most high-frequency indicators, which remain generally resilient, despite global headwinds. This outperformance is also visible in PMI indicators, and most services sector indicators continue to hit new highs, especially in level terms.

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