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: 73 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);
}
$message = '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: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/most-of-india-worried-about-jobs-and-inflation-this-diwali-gaurav-choudhury-18091/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/most-of-india-worried-about-jobs-and-inflation-this-diwali-gaurav-choudhury-18091/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 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 88 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: 74 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);
}
$message = '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: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/most-of-india-worried-about-jobs-and-inflation-this-diwali-gaurav-choudhury-18091/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/most-of-india-worried-about-jobs-and-inflation-this-diwali-gaurav-choudhury-18091/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 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 88 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 Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f3767c59383-trace').style.display = (document.getElementById('cakeErr67f3767c59383-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f3767c59383-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f3767c59383-code').style.display = (document.getElementById('cakeErr67f3767c59383-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f3767c59383-context').style.display = (document.getElementById('cakeErr67f3767c59383-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f3767c59383-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f3767c59383-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 17962, 'title' => 'Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury', 'subheading' => '', 'description' => '<div align="justify"> -The Hindustan Times<br /> <img src="tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br /> As Prime Minister Manmohan Singh and his team pull out all stops to&nbsp; shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /> <br /> A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /> <br /> Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /> <br /> India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /> <br /> Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /> <br /> &quot;Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400,&quot; said a Gurgaon-based exporter requesting not be identified.<br /> <br /> India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /> <br /> Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /> <br /> Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /> <br /> In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre -&nbsp; steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /> <br /> But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /> <br /> &quot;It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down,&quot; said Mole Hau, of BNP Paribas.<br /> <br /> India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /> <br /> Surging prices have prompted people to cut down on expenses on non-essential items.<br /> <br /> &quot;We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education,&quot; said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district. </div>', 'credit_writer' => 'The Hindustan Times, 12 November, 2012, http://www.hindustantimes.com/News-Feed/Chunk-HT-UI-HTLeadershipSummit2012-TopStories/Most-of-India-worried-about-jobs-and-inflation-this-Diwali/Article1-958675', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'most-of-india-worried-about-jobs-and-inflation-this-diwali-gaurav-choudhury-18091', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 18091, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 17962, 'metaTitle' => 'LATEST NEWS UPDATES | Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury', 'metaKeywords' => 'Employment,Inflation', 'metaDesc' => ' -The Hindustan Times As Prime Minister Manmohan Singh and his team pull out all stops to&nbsp; shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries. A Hindustan Times survey,...', 'disp' => '<div align="justify">-The Hindustan Times<br /><img src="https://im4change.in/siteadmin/tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br />As Prime Minister Manmohan Singh and his team pull out all stops to&nbsp; shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /><br />A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /><br />Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /><br />India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /><br />Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /><br />&quot;Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400,&quot; said a Gurgaon-based exporter requesting not be identified.<br /><br />India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /><br />Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /><br />Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /><br />In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre -&nbsp; steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /><br />But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /><br />&quot;It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down,&quot; said Mole Hau, of BNP Paribas.<br /><br />India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /><br />Surging prices have prompted people to cut down on expenses on non-essential items.<br /><br />&quot;We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education,&quot; said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 17962, 'title' => 'Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury', 'subheading' => '', 'description' => '<div align="justify"> -The Hindustan Times<br /> <img src="tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br /> As Prime Minister Manmohan Singh and his team pull out all stops to&nbsp; shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /> <br /> A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /> <br /> Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /> <br /> India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /> <br /> Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /> <br /> &quot;Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400,&quot; said a Gurgaon-based exporter requesting not be identified.<br /> <br /> India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /> <br /> Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /> <br /> Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /> <br /> In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre -&nbsp; steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /> <br /> But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /> <br /> &quot;It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down,&quot; said Mole Hau, of BNP Paribas.<br /> <br /> India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /> <br /> Surging prices have prompted people to cut down on expenses on non-essential items.<br /> <br /> &quot;We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. 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A Hindustan Times survey,...' $disp = '<div align="justify">-The Hindustan Times<br /><img src="https://im4change.in/siteadmin/tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br />As Prime Minister Manmohan Singh and his team pull out all stops to&nbsp; shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /><br />A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /><br />Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /><br />India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /><br />Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /><br />&quot;Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400,&quot; said a Gurgaon-based exporter requesting not be identified.<br /><br />India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /><br />Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /><br />Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /><br />In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre -&nbsp; steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /><br />But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /><br />&quot;It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down,&quot; said Mole Hau, of BNP Paribas.<br /><br />India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /><br />Surging prices have prompted people to cut down on expenses on non-essential items.<br /><br />&quot;We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education,&quot; said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 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 88 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</pre></div></pre>latest-news-updates/most-of-india-worried-about-jobs-and-inflation-this-diwali-gaurav-choudhury-18091.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury | Im4change.org</title> <meta name="description" content=" -The Hindustan Times As Prime Minister Manmohan Singh and his team pull out all stops to shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries. A Hindustan Times survey,..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Hindustan Times<br /><img src="https://im4change.in/siteadmin/tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br />As Prime Minister Manmohan Singh and his team pull out all stops to shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /><br />A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /><br />Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /><br />India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /><br />Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /><br />"Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400," said a Gurgaon-based exporter requesting not be identified.<br /><br />India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /><br />Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /><br />Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /><br />In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre - steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /><br />But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /><br />"It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down," said Mole Hau, of BNP Paribas.<br /><br />India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /><br />Surging prices have prompted people to cut down on expenses on non-essential items.<br /><br />"We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education," said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district.</div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400,&quot; said a Gurgaon-based exporter requesting not be identified.<br /> <br /> India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /> <br /> Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /> <br /> Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /> <br /> In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre -&nbsp; steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /> <br /> But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /> <br /> &quot;It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down,&quot; said Mole Hau, of BNP Paribas.<br /> <br /> India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /> <br /> Surging prices have prompted people to cut down on expenses on non-essential items.<br /> <br /> &quot;We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education,&quot; said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district. </div>', 'credit_writer' => 'The Hindustan Times, 12 November, 2012, http://www.hindustantimes.com/News-Feed/Chunk-HT-UI-HTLeadershipSummit2012-TopStories/Most-of-India-worried-about-jobs-and-inflation-this-Diwali/Article1-958675', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'most-of-india-worried-about-jobs-and-inflation-this-diwali-gaurav-choudhury-18091', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 18091, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 17962, 'metaTitle' => 'LATEST NEWS UPDATES | Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury', 'metaKeywords' => 'Employment,Inflation', 'metaDesc' => ' -The Hindustan Times As Prime Minister Manmohan Singh and his team pull out all stops to&nbsp; shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries. A Hindustan Times survey,...', 'disp' => '<div align="justify">-The Hindustan Times<br /><img src="https://im4change.in/siteadmin/tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br />As Prime Minister Manmohan Singh and his team pull out all stops to&nbsp; shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /><br />A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /><br />Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /><br />India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /><br />Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /><br />&quot;Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400,&quot; said a Gurgaon-based exporter requesting not be identified.<br /><br />India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /><br />Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /><br />Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /><br />In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre -&nbsp; steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /><br />But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /><br />&quot;It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down,&quot; said Mole Hau, of BNP Paribas.<br /><br />India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /><br />Surging prices have prompted people to cut down on expenses on non-essential items.<br /><br />&quot;We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education,&quot; said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 17962, 'title' => 'Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury', 'subheading' => '', 'description' => '<div align="justify"> -The Hindustan Times<br /> <img src="tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br /> As Prime Minister Manmohan Singh and his team pull out all stops to&nbsp; shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /> <br /> A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /> <br /> Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /> <br /> India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /> <br /> Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /> <br /> &quot;Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. 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A Hindustan Times survey,...' $disp = '<div align="justify">-The Hindustan Times<br /><img src="https://im4change.in/siteadmin/tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br />As Prime Minister Manmohan Singh and his team pull out all stops to&nbsp; shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /><br />A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /><br />Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /><br />India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /><br />Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /><br />&quot;Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400,&quot; said a Gurgaon-based exporter requesting not be identified.<br /><br />India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /><br />Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /><br />Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /><br />In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre -&nbsp; steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /><br />But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /><br />&quot;It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down,&quot; said Mole Hau, of BNP Paribas.<br /><br />India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /><br />Surging prices have prompted people to cut down on expenses on non-essential items.<br /><br />&quot;We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education,&quot; said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 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 88 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</pre></div></pre>latest-news-updates/most-of-india-worried-about-jobs-and-inflation-this-diwali-gaurav-choudhury-18091.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury | Im4change.org</title> <meta name="description" content=" -The Hindustan Times As Prime Minister Manmohan Singh and his team pull out all stops to shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries. A Hindustan Times survey,..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Hindustan Times<br /><img src="https://im4change.in/siteadmin/tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br />As Prime Minister Manmohan Singh and his team pull out all stops to shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /><br />A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /><br />Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /><br />India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /><br />Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /><br />"Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400," said a Gurgaon-based exporter requesting not be identified.<br /><br />India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /><br />Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /><br />Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /><br />In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre - steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /><br />But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /><br />"It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down," said Mole Hau, of BNP Paribas.<br /><br />India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /><br />Surging prices have prompted people to cut down on expenses on non-essential items.<br /><br />"We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education," said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district.</div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400,&quot; said a Gurgaon-based exporter requesting not be identified.<br /> <br /> India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /> <br /> Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /> <br /> Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /> <br /> In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre -&nbsp; steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /> <br /> But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /> <br /> &quot;It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down,&quot; said Mole Hau, of BNP Paribas.<br /> <br /> India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /> <br /> Surging prices have prompted people to cut down on expenses on non-essential items.<br /> <br /> &quot;We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. 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What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400,&quot; said a Gurgaon-based exporter requesting not be identified.<br /><br />India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /><br />Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /><br />Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /><br />In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre -&nbsp; steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /><br />But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /><br />&quot;It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down,&quot; said Mole Hau, of BNP Paribas.<br /><br />India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /><br />Surging prices have prompted people to cut down on expenses on non-essential items.<br /><br />&quot;We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education,&quot; said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 17962, 'title' => 'Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury', 'subheading' => '', 'description' => '<div align="justify"> -The Hindustan Times<br /> <img src="tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br /> As Prime Minister Manmohan Singh and his team pull out all stops to&nbsp; shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /> <br /> A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /> <br /> Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /> <br /> India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /> <br /> Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /> <br /> &quot;Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400,&quot; said a Gurgaon-based exporter requesting not be identified.<br /> <br /> India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /> <br /> Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /> <br /> Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /> <br /> In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre -&nbsp; steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /> <br /> But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /> <br /> &quot;It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down,&quot; said Mole Hau, of BNP Paribas.<br /> <br /> India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /> <br /> Surging prices have prompted people to cut down on expenses on non-essential items.<br /> <br /> &quot;We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education,&quot; said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district. </div>', 'credit_writer' => 'The Hindustan Times, 12 November, 2012, http://www.hindustantimes.com/News-Feed/Chunk-HT-UI-HTLeadershipSummit2012-TopStories/Most-of-India-worried-about-jobs-and-inflation-this-Diwali/Article1-958675', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'most-of-india-worried-about-jobs-and-inflation-this-diwali-gaurav-choudhury-18091', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 18091, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 17962 $metaTitle = 'LATEST NEWS UPDATES | Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury' $metaKeywords = 'Employment,Inflation' $metaDesc = ' -The Hindustan Times As Prime Minister Manmohan Singh and his team pull out all stops to&nbsp; shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries. A Hindustan Times survey,...' $disp = '<div align="justify">-The Hindustan Times<br /><img src="https://im4change.in/siteadmin/tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br />As Prime Minister Manmohan Singh and his team pull out all stops to&nbsp; shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /><br />A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /><br />Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /><br />India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /><br />Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /><br />&quot;Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400,&quot; said a Gurgaon-based exporter requesting not be identified.<br /><br />India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /><br />Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /><br />Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /><br />In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre -&nbsp; steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /><br />But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /><br />&quot;It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down,&quot; said Mole Hau, of BNP Paribas.<br /><br />India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /><br />Surging prices have prompted people to cut down on expenses on non-essential items.<br /><br />&quot;We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education,&quot; said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 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 88 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</pre></div></pre>latest-news-updates/most-of-india-worried-about-jobs-and-inflation-this-diwali-gaurav-choudhury-18091.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury | Im4change.org</title> <meta name="description" content=" -The Hindustan Times As Prime Minister Manmohan Singh and his team pull out all stops to shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries. A Hindustan Times survey,..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Hindustan Times<br /><img src="https://im4change.in/siteadmin/tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br />As Prime Minister Manmohan Singh and his team pull out all stops to shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /><br />A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /><br />Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /><br />India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /><br />Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /><br />"Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400," said a Gurgaon-based exporter requesting not be identified.<br /><br />India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /><br />Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /><br />Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /><br />In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre - steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /><br />But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /><br />"It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down," said Mole Hau, of BNP Paribas.<br /><br />India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /><br />Surging prices have prompted people to cut down on expenses on non-essential items.<br /><br />"We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education," said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district.</div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400," said a Gurgaon-based exporter requesting not be identified.<br /> <br /> India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /> <br /> Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /> <br /> Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /> <br /> In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre - steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /> <br /> But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /> <br /> "It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down," said Mole Hau, of BNP Paribas.<br /> <br /> India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /> <br /> Surging prices have prompted people to cut down on expenses on non-essential items.<br /> <br /> "We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. 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What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400," said a Gurgaon-based exporter requesting not be identified.<br /><br />India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /><br />Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /><br />Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /><br />In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre - steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /><br />But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /><br />"It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down," said Mole Hau, of BNP Paribas.<br /><br />India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /><br />Surging prices have prompted people to cut down on expenses on non-essential items.<br /><br />"We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education," said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 17962, 'title' => 'Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury', 'subheading' => '', 'description' => '<div align="justify"> -The Hindustan Times<br /> <img src="tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br /> As Prime Minister Manmohan Singh and his team pull out all stops to shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /> <br /> A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /> <br /> Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /> <br /> India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /> <br /> Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /> <br /> "Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400," said a Gurgaon-based exporter requesting not be identified.<br /> <br /> India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /> <br /> Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /> <br /> Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /> <br /> In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre - steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /> <br /> But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /> <br /> "It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down," said Mole Hau, of BNP Paribas.<br /> <br /> India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /> <br /> Surging prices have prompted people to cut down on expenses on non-essential items.<br /> <br /> "We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education," said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district. </div>', 'credit_writer' => 'The Hindustan Times, 12 November, 2012, http://www.hindustantimes.com/News-Feed/Chunk-HT-UI-HTLeadershipSummit2012-TopStories/Most-of-India-worried-about-jobs-and-inflation-this-Diwali/Article1-958675', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'most-of-india-worried-about-jobs-and-inflation-this-diwali-gaurav-choudhury-18091', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 18091, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 17962 $metaTitle = 'LATEST NEWS UPDATES | Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury' $metaKeywords = 'Employment,Inflation' $metaDesc = ' -The Hindustan Times As Prime Minister Manmohan Singh and his team pull out all stops to shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries. A Hindustan Times survey,...' $disp = '<div align="justify">-The Hindustan Times<br /><img src="https://im4change.in/siteadmin/tinymce/uploaded/13-11-12-pg-13new.jpg" alt="Outlook" /><br />As Prime Minister Manmohan Singh and his team pull out all stops to shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries.<br /><br />A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%).<br /><br />Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa.<br /><br />India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth.<br /><br />Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring.<br /><br />"Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400," said a Gurgaon-based exporter requesting not be identified.<br /><br />India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy.<br /><br />Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%.<br /><br />Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies.<br /><br />In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre - steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family.<br /><br />But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy.<br /><br />"It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down," said Mole Hau, of BNP Paribas.<br /><br />India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September.<br /><br />Surging prices have prompted people to cut down on expenses on non-essential items.<br /><br />"We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education," said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury |
-The Hindustan Times
![]() As Prime Minister Manmohan Singh and his team pull out all stops to shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries. A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting their pockets the most, followed by costlier fuel prices (23.4%). Yet, at the same time, a majority (50.8%) believes that the worst is over for the economy though six out of ten respondents (57.6%) still worry about losing their jobs and falling incomes, according to the survey conducted by research agency Hansa. India's factory output fell by 0.4% in September and exports fell by 1.63% in October, contracting for the sixth successive month, confirming what most analysts had feared: the Reserve Bank of India's (RBI's) bitter medicine to raise interest rates to cure inflation has not tamed prices, but has cast side effects on growth. Slower industrial growth could result in lesser job opportunities and lower salary hikes as corporations, squeezed in by lower sales, hold back investments and cut down on hiring. "Earlier, my employees were working overtime and even on Sundays, but now we shut the shop-floor at 6 pm. What's more, I have had to take the very difficult decision of retrenching 200 of my employees from a pool of 400," said a Gurgaon-based exporter requesting not be identified. India's economy grew 5.5% during April to June this year, marginally higher than the5.3% recorded during the previous three months, but the full year growth for 2012-13 may still be below 6%, mirroring the sharp slowdown in the broader economy. Only 17% of the respondents to the survey were, however, optimistic that the Indian economy will rebound to a growth trajectory of more than 7%. Ignoring carping allies and protesting rivals despite a delicately poised coalition, the government in September had opened what looked like a second innings of sweeping change with an eye on India regaining the advantage that seemed lost after a volley of criticism in the international media, think-tanks and credit-rating agencies. In September, in a move fraught with political risks, the government had raised diesel prices by Rs. 5 a litre - steepest ever hike - and capped sale of cooking gas to six cylinders a year for each family. But nearly one in two (49.3%) of those surveyed felt that the Prime Minister has not been able to sell his reforms agenda, while 27.9% felt that the fiscal deficit-shorthand for the amount of money government borrows to fund its spending - was currently the biggest drag on the Indian economy. "It will take time before most of the stepped-up reforms bear fruit and rekindle India's growth potential and drive inflation down," said Mole Hau, of BNP Paribas. India's overall consumer price inflation remained at a high of 9.75% in October, up from 9.73% in September. Surging prices have prompted people to cut down on expenses on non-essential items. "We stay in a small one-room house in east Delhi for which we pay Rs. 3500 a month as rent. Another Rs. 8000 a month I pay every month to a private financier for the Rs. 4.65 lakh I had borrowed to purchase my auto rickshaw. This leaves me with barely anything to spend on basic expenses such as food, clothing and children's education," said Dharampal, an auto rickshaw driver, who migrated to Delhi 15-years ago from Bihar's Motihari district. |