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    Finance and Economy

    Finance and Economy

    Persistent Poverty Shadows Sri Lanka’s Recovery: 2.8 Million Remain Below the Line Despite Decades of Progress

    Sri Lanka continues to grapple with the legacies of structural poverty even as the nation navigates a fragile economic recovery from the devastating 2022 crisis.
    OWSA Contributor -
    Agriculture

    Prime Minister Modi Highlights 12 Years of Transformative Initiatives Centred on Garib Kalyan and Human Empowerment

    Experts and officials note that the convergence of these schemes – financial inclusion, basic services, and skill enhancement – has created a multiplier effect.
    OWSA Staff -
    El Nino

    RBI Holds Repo Rate at 5.25%, Flags Inflation Risks from El Niño and Oil Shock; Cuts FY27 Growth Forecast to 6.6%

    The RBI’s June 2026 policy review underscores the complexities of navigating an interconnected global economy.
    OWSA Staff -
    Agriculture

    Sri Lanka’s Poverty Line Surges Past Rs. 17,100 Amid Lingering Economic Strain

    If Sri Lanka is to prevent a permanent underclass from forming in the wake of the 2022 crisis, economists argue that the focus must shift aggressively from mere stabilization to equitable growth.
    OWSA Contributor -
    Agri-business

    El Niño Threatens Asia’s Rice Bowl: Drier Weather Patterns Set to Disrupt Key Tropical Crops in Late 2026

    For Asia’s rice bowl, the coming months will be critical. Farmers, traders, and policymakers must prepare for a potentially volatile period that could test food security across the region.
    OWSA Staff -
    Child Labour

    India Seeks Tariff Shield from US Section 301 as Bilateral Trade Deal Enters Crucial Phase

    Analysts suggest a balanced outcome might involve India strengthening its own forced labour import monitoring mechanisms while securing phased tariff reductions and dispute resolution clauses that provide greater predictability for Indian exporters.
    OWSA Staff -
    Finance and Economy

    Sri Lanka Seeks Public Input to Lift Tax-to-GDP Ratio to 20 Per Cent

    As the June 12 deadline approaches, the ministry will likely receive a wide array of ideas. The challenge will be synthesizing them into a coherent, actionable medium- to long-term strategy that delivers the 20 per cent target without compromising growth or equity.
    OWSA Contributor -
    Agri-business

    El Niño Threatens India’s 2026 Kharif Season: Strong Buffers Offer Hope Amid Monsoon Uncertainty

    While buffers exist, the interplay of El Niño with other climatic factors underscores the growing importance of climate adaptation in India’s agriculture-dependent economy.
    OWSA Staff -
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    Latest News

    Accountability

    RTI Act at 22: Applications Rise but Rejections, Backlogs and ECI Denials Raise Questions on Implementation

    As the Act enters its third decade, bridging the gap between statistics and real transparency remains the central challenge.
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    Measles Resurgence in Maldives: From Eradication Triumph to Public Health Alert

    After years of eradication, measles has returned to the Maldives with 11 confirmed cases in 2026, sparking urgent vaccination...
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    Bangladesh Launches IMF Negotiations for $4 Billion Fresh Loan Amid Economic Reset

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    Accountability

    RTI Act at 22: Applications Rise but Rejections, Backlogs and ECI Denials Raise Questions on Implementation

    As the Act enters its third decade, bridging the gap between statistics and real transparency remains the central challenge.
    Early childhood development

    Measles Resurgence in Maldives: From Eradication Triumph to Public Health Alert

    After years of eradication, measles has returned to the...
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