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


        trigger_error($message, E_USER_DEPRECATED);

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

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


        trigger_error($message, E_USER_DEPRECATED);

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

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

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

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    <h1 class="cat-box-title">RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty</h1>
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                            <div align="justify">-Livemint.com<br /><br /><em>The RBI survey for June 2017 shows people are as unhappy with their income growth, employment and economic well-being as they were before the Narendra Modi government came to power<br /></em><br />Perceptions matter. The government of the day will be able to garner more support if people feel their incomes are increasing or their employment prospects have improved. True, non-economic factors matter a lot and, throughout history, the ability to stage circuses has been as important for governments as providing bread. But economic factors play a big role in people&rsquo;s sense of well-being and the latest Reserve Bank of India (RBI) surveys should be a wake-up call for the central government.<br /><br />For example, shouldn&rsquo;t the government be concerned that in the June 2017 RBI survey on consumer confidence, the percentage of respondents who said that their incomes had decreased from a year ago was more than in September 2013, during the depths of the balance-of-payments crisis? Should it not worry them that the percentage of people polled who said their incomes had increased from a year ago was lower than in December 2013 and March 2014, when the disenchantment with the United Progressive Alliance, or UPA government, was at its peak? As Chart 1 shows, the net response, or the percentage of people in the survey who said their incomes had increased compared to a year ago minus the percentage who say their incomes have decreased, is the lowest in many years.<br /><br />The consumer confidence survey is conducted by RBI in the six cities of Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi. It, therefore, reflects perceptions among the relatively well-off, who have been staunch supporters of the present government. Conditions in less developed areas are likely to be worse. Chart 2 shows the perceptions about employment in the survey. In June 2017, the percentage of households who said their employment conditions had worsened from a year ago was much higher than in March 2014, just before the last general elections. More importantly, the net responses (the percentage of households saying their employment conditions have improved minus the percentage saying conditions have deteriorated) have been negative for six consecutive quarters now. Surely that is a warning sign?<br /><br />Please <a href="http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html" title="http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty</h1>
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                            <div align="justify">-Livemint.com<br /><br /><em>The RBI survey for June 2017 shows people are as unhappy with their income growth, employment and economic well-being as they were before the Narendra Modi government came to power<br /></em><br />Perceptions matter. The government of the day will be able to garner more support if people feel their incomes are increasing or their employment prospects have improved. True, non-economic factors matter a lot and, throughout history, the ability to stage circuses has been as important for governments as providing bread. But economic factors play a big role in people&rsquo;s sense of well-being and the latest Reserve Bank of India (RBI) surveys should be a wake-up call for the central government.<br /><br />For example, shouldn&rsquo;t the government be concerned that in the June 2017 RBI survey on consumer confidence, the percentage of respondents who said that their incomes had decreased from a year ago was more than in September 2013, during the depths of the balance-of-payments crisis? Should it not worry them that the percentage of people polled who said their incomes had increased from a year ago was lower than in December 2013 and March 2014, when the disenchantment with the United Progressive Alliance, or UPA government, was at its peak? As Chart 1 shows, the net response, or the percentage of people in the survey who said their incomes had increased compared to a year ago minus the percentage who say their incomes have decreased, is the lowest in many years.<br /><br />The consumer confidence survey is conducted by RBI in the six cities of Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi. It, therefore, reflects perceptions among the relatively well-off, who have been staunch supporters of the present government. Conditions in less developed areas are likely to be worse. Chart 2 shows the perceptions about employment in the survey. In June 2017, the percentage of households who said their employment conditions had worsened from a year ago was much higher than in March 2014, just before the last general elections. More importantly, the net responses (the percentage of households saying their employment conditions have improved minus the percentage saying conditions have deteriorated) have been negative for six consecutive quarters now. Surely that is a warning sign?<br /><br />Please <a href="http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html" title="http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty</h1>
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                            <div align="justify">-Livemint.com<br /><br /><em>The RBI survey for June 2017 shows people are as unhappy with their income growth, employment and economic well-being as they were before the Narendra Modi government came to power<br /></em><br />Perceptions matter. The government of the day will be able to garner more support if people feel their incomes are increasing or their employment prospects have improved. True, non-economic factors matter a lot and, throughout history, the ability to stage circuses has been as important for governments as providing bread. But economic factors play a big role in people&rsquo;s sense of well-being and the latest Reserve Bank of India (RBI) surveys should be a wake-up call for the central government.<br /><br />For example, shouldn&rsquo;t the government be concerned that in the June 2017 RBI survey on consumer confidence, the percentage of respondents who said that their incomes had decreased from a year ago was more than in September 2013, during the depths of the balance-of-payments crisis? Should it not worry them that the percentage of people polled who said their incomes had increased from a year ago was lower than in December 2013 and March 2014, when the disenchantment with the United Progressive Alliance, or UPA government, was at its peak? As Chart 1 shows, the net response, or the percentage of people in the survey who said their incomes had increased compared to a year ago minus the percentage who say their incomes have decreased, is the lowest in many years.<br /><br />The consumer confidence survey is conducted by RBI in the six cities of Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi. It, therefore, reflects perceptions among the relatively well-off, who have been staunch supporters of the present government. Conditions in less developed areas are likely to be worse. Chart 2 shows the perceptions about employment in the survey. In June 2017, the percentage of households who said their employment conditions had worsened from a year ago was much higher than in March 2014, just before the last general elections. More importantly, the net responses (the percentage of households saying their employment conditions have improved minus the percentage saying conditions have deteriorated) have been negative for six consecutive quarters now. Surely that is a warning sign?<br /><br />Please <a href="http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html" title="http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html" class="re" target="_blank">Livemint.com, 8 August, 2017, http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html</a><div class="clear"></div>
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RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty

Published on Aug 8, 2017   Modified on Aug 8, 2017

-Livemint.com The RBI survey for June 2017 shows people are as unhappy with their income growth, employment and economic well-being as they were before the Narendra Modi government came to power Perceptions matter. The government of the day will be able to garner more support if people feel their incomes are increasing or their employment prospects have improved. True, non-economic factors matter a lot and, throughout history, the ability to stage circuses has been as important for governments as providing bread. But economic factors play a big role in people’s sense of well-being and the latest Reserve Bank of India (RBI) surveys should be a wake-up call for the central government. For example, shouldn’t the government be concerned that in the June 2017 RBI survey on consumer confidence, the percentage of respondents who said that their incomes had decreased from a year ago was more than in September 2013, during the depths of the balance-of-payments crisis? Should it not worry them that the percentage of people polled who said their incomes had increased from a year ago was lower than in December 2013 and March 2014, when the disenchantment with the United Progressive Alliance, or UPA government, was at its peak? As Chart 1 shows, the net response, or the percentage of people in the survey who said their incomes had increased compared to a year ago minus the percentage who say their incomes have decreased, is the lowest in many years. The consumer confidence survey is conducted by RBI in the six cities of Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi. It, therefore, reflects perceptions among the relatively well-off, who have been staunch supporters of the present government. Conditions in less developed areas are likely to be worse. Chart 2 shows the perceptions about employment in the survey. In June 2017, the percentage of households who said their employment conditions had worsened from a year ago was much higher than in March 2014, just before the last general elections. More importantly, the net responses (the percentage of households saying their employment conditions have improved minus the percentage saying conditions have deteriorated) have been negative for six consecutive quarters now. Surely that is a warning sign? Please click here to read more.

Livemint.com, 8 August, 2017, http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html

Tagged with: Manufacturing Sector Manufacturing Sector growth Reserve Bank of India RBI Job Creation Personal Income

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