Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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        Interviews | Rathin Roy, Director of the National Institute of Public Finance and Policy, interviewed by Puja Mehra (The Hindu)    </title>
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-The Hindu

The slowdown is an outcome of supply-side constraints, says the economist

The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy,..."/>
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-The Hindu

The slowdown is an outcome of supply-side constraints, says the economist

The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy,..." />
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                            <div align="justify">-The Hindu<br /><em><br />The slowdown is an outcome of supply-side constraints, says the economist<br /><br /></em>The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister&rsquo;s Economic Advisory Council, discusses the causes of the economy&rsquo;s troubles and suggests possible remedies. Edited excerpts:<br /><br /><em>* The Finance Minister says the economy is not in recession. According to the latest official estimates, GVA growth in the first and second quarters of this financial year were 0.6% and -1.0%. Going by the technical definition, isn&rsquo;t manufacturing very close to being in recession?<br /><br /></em>It&rsquo;s definitely close to being in recession but for different reasons. Measuring recession in terms of negative growth in two quarters is a developed countries concept. It applies when economies are in a steady state and recession is a departure from the steady state. [A state of fully tapped land and capital so that growth is possible in case of improvements in technology and productivity, as happens in developed economies. In developing economies, growth is possible by increasing use of resources.] The Finance Minister is correct that in terms of conventional economics this is a slowdown, not a recession. <br /><br /><em>The Hindu, 4 December, 2019, please <a href="https://www.thehindu.com/opinion/interview/structural-policies-needed-for-7-plus-growth/article30152893.ece?homepage=true" title="https://www.thehindu.com/opinion/interview/structural-policies-needed-for-7-plus-growth/article30152893.ece?homepage=true">click here</a> to read the entire interview.</em></div><div align="justify">&nbsp;</div><div align="justify"><strong>Image Courtesy: The Hindu</strong> <br /></div>                                                           
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The slowdown is an outcome of supply-side constraints, says the economist

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-The Hindu

The slowdown is an outcome of supply-side constraints, says the economist

The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy,..." />
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                            <div align="justify">-The Hindu<br /><em><br />The slowdown is an outcome of supply-side constraints, says the economist<br /><br /></em>The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister&rsquo;s Economic Advisory Council, discusses the causes of the economy&rsquo;s troubles and suggests possible remedies. Edited excerpts:<br /><br /><em>* The Finance Minister says the economy is not in recession. According to the latest official estimates, GVA growth in the first and second quarters of this financial year were 0.6% and -1.0%. Going by the technical definition, isn&rsquo;t manufacturing very close to being in recession?<br /><br /></em>It&rsquo;s definitely close to being in recession but for different reasons. Measuring recession in terms of negative growth in two quarters is a developed countries concept. It applies when economies are in a steady state and recession is a departure from the steady state. [A state of fully tapped land and capital so that growth is possible in case of improvements in technology and productivity, as happens in developed economies. In developing economies, growth is possible by increasing use of resources.] The Finance Minister is correct that in terms of conventional economics this is a slowdown, not a recession. <br /><br /><em>The Hindu, 4 December, 2019, please <a href="https://www.thehindu.com/opinion/interview/structural-policies-needed-for-7-plus-growth/article30152893.ece?homepage=true" title="https://www.thehindu.com/opinion/interview/structural-policies-needed-for-7-plus-growth/article30152893.ece?homepage=true">click here</a> to read the entire interview.</em></div><div align="justify">&nbsp;</div><div align="justify"><strong>Image Courtesy: The Hindu</strong> <br /></div>                                                           
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        Interviews | Rathin Roy, Director of the National Institute of Public Finance and Policy, interviewed by Puja Mehra (The Hindu)    </title>
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-The Hindu

The slowdown is an outcome of supply-side constraints, says the economist

The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy,..."/>
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-The Hindu

The slowdown is an outcome of supply-side constraints, says the economist

The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy,..." />
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                            <div align="justify">-The Hindu<br /><em><br />The slowdown is an outcome of supply-side constraints, says the economist<br /><br /></em>The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister&rsquo;s Economic Advisory Council, discusses the causes of the economy&rsquo;s troubles and suggests possible remedies. Edited excerpts:<br /><br /><em>* The Finance Minister says the economy is not in recession. According to the latest official estimates, GVA growth in the first and second quarters of this financial year were 0.6% and -1.0%. Going by the technical definition, isn&rsquo;t manufacturing very close to being in recession?<br /><br /></em>It&rsquo;s definitely close to being in recession but for different reasons. Measuring recession in terms of negative growth in two quarters is a developed countries concept. It applies when economies are in a steady state and recession is a departure from the steady state. [A state of fully tapped land and capital so that growth is possible in case of improvements in technology and productivity, as happens in developed economies. In developing economies, growth is possible by increasing use of resources.] The Finance Minister is correct that in terms of conventional economics this is a slowdown, not a recession. <br /><br /><em>The Hindu, 4 December, 2019, please <a href="https://www.thehindu.com/opinion/interview/structural-policies-needed-for-7-plus-growth/article30152893.ece?homepage=true" title="https://www.thehindu.com/opinion/interview/structural-policies-needed-for-7-plus-growth/article30152893.ece?homepage=true">click here</a> to read the entire interview.</em></div><div align="justify">&nbsp;</div><div align="justify"><strong>Image Courtesy: The Hindu</strong> <br /></div>                                                           
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    <br><a href="https://www.thehindu.com/opinion/interview/structural-policies-needed-for-7-plus-growth/article30152893.ece?homepage=true" class="re" target="_blank">The Hindu, 4 December, 2019, https://www.thehindu.com/opinion/interview/structural-policies-needed-for-7-plus-growth/article30152893.ece?homepage=true</a><div class="clear"></div>
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Rathin Roy, Director of the National Institute of Public Finance and Policy, interviewed by Puja Mehra (The Hindu)

Published on Dec 4, 2019   Modified on Dec 4, 2019

-The Hindu The slowdown is an outcome of supply-side constraints, says the economist The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister’s Economic Advisory Council, discusses the causes of the economy’s troubles and suggests possible remedies. Edited excerpts: * The Finance Minister says the economy is not in recession. According to the latest official estimates, GVA growth in the first and second quarters of this financial year were 0.6% and -1.0%. Going by the technical definition, isn’t manufacturing very close to being in recession? It’s definitely close to being in recession but for different reasons. Measuring recession in terms of negative growth in two quarters is a developed countries concept. It applies when economies are in a steady state and recession is a departure from the steady state. [A state of fully tapped land and capital so that growth is possible in case of improvements in technology and productivity, as happens in developed economies. In developing economies, growth is possible by increasing use of resources.] The Finance Minister is correct that in terms of conventional economics this is a slowdown, not a recession. The Hindu, 4 December, 2019, please click here to read the entire interview.   Image Courtesy: The Hindu

The Hindu, 4 December, 2019, https://www.thehindu.com/opinion/interview/structural-policies-needed-for-7-plus-growth/article30152893.ece?homepage=true

Tagged with: Economic Slowdown Economic Slowdown Economic Reforms Economic Reforms Rathin roy Manufacturing Sector growth Manufacturing Sector Rathin roy Economic Downturn Economic Downturn Economic Growth Economic Growth NIPFP NIPFP

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