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/rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473/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/rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473/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('cakeErr68047c3a5ecb4-trace').style.display = (document.getElementById('cakeErr68047c3a5ecb4-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="cakeErr68047c3a5ecb4-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68047c3a5ecb4-code').style.display = (document.getElementById('cakeErr68047c3a5ecb4-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68047c3a5ecb4-context').style.display = (document.getElementById('cakeErr68047c3a5ecb4-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68047c3a5ecb4-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="cakeErr68047c3a5ecb4-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) 34369, 'title' => 'RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty', 'subheading' => '', 'description' => '<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">click here</a> to read more. <br /> </div>', 'credit_writer' => 'Livemint.com, 8 August, 2017, http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473', '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) 4682473, '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) 34369, 'metaTitle' => 'LATEST NEWS UPDATES | RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty', 'metaKeywords' => 'Manufacturing Sector,Manufacturing Sector growth,Reserve Bank of India,RBI,Job Creation,Personal Income', 'metaDesc' => ' -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...', 'disp' => '<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>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 34369, 'title' => 'RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty', 'subheading' => '', 'description' => '<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">click here</a> to read more. <br /> </div>', 'credit_writer' => 'Livemint.com, 8 August, 2017, http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473', '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) 4682473, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => 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) 34369 $metaTitle = 'LATEST NEWS UPDATES | RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty' $metaKeywords = 'Manufacturing Sector,Manufacturing Sector growth,Reserve Bank of India,RBI,Job Creation,Personal Income' $metaDesc = ' -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...' $disp = '<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>' $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/rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473.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 | RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty | Im4change.org</title> <meta name="description" content=" -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..."/> <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>RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty</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">-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’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’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> </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 $message = 'Unable to emit headers. 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$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('cakeErr68047c3a5ecb4-trace').style.display = (document.getElementById('cakeErr68047c3a5ecb4-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="cakeErr68047c3a5ecb4-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68047c3a5ecb4-code').style.display = (document.getElementById('cakeErr68047c3a5ecb4-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68047c3a5ecb4-context').style.display = (document.getElementById('cakeErr68047c3a5ecb4-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68047c3a5ecb4-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">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr68047c3a5ecb4-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 34369, 'title' => 'RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty', 'subheading' => '', 'description' => '<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">click here</a> to read more. <br /> </div>', 'credit_writer' => 'Livemint.com, 8 August, 2017, http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473', '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) 4682473, '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) 34369, 'metaTitle' => 'LATEST NEWS UPDATES | RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty', 'metaKeywords' => 'Manufacturing Sector,Manufacturing Sector growth,Reserve Bank of India,RBI,Job Creation,Personal Income', 'metaDesc' => ' -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...', 'disp' => '<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>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 34369, 'title' => 'RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty', 'subheading' => '', 'description' => '<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">click here</a> to read more. <br /> </div>', 'credit_writer' => 'Livemint.com, 8 August, 2017, http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473', '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) 4682473, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => 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) 34369 $metaTitle = 'LATEST NEWS UPDATES | RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty' $metaKeywords = 'Manufacturing Sector,Manufacturing Sector growth,Reserve Bank of India,RBI,Job Creation,Personal Income' $metaDesc = ' -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...' $disp = '<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>' $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/rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473.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 | RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty | Im4change.org</title> <meta name="description" content=" -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..."/> <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>RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty</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">-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’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’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> </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>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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$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('cakeErr68047c3a5ecb4-trace').style.display = (document.getElementById('cakeErr68047c3a5ecb4-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="cakeErr68047c3a5ecb4-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68047c3a5ecb4-code').style.display = (document.getElementById('cakeErr68047c3a5ecb4-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68047c3a5ecb4-context').style.display = (document.getElementById('cakeErr68047c3a5ecb4-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68047c3a5ecb4-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">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr68047c3a5ecb4-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 34369, 'title' => 'RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty', 'subheading' => '', 'description' => '<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">click here</a> to read more. <br /> </div>', 'credit_writer' => 'Livemint.com, 8 August, 2017, http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473', '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) 4682473, '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) 34369, 'metaTitle' => 'LATEST NEWS UPDATES | RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty', 'metaKeywords' => 'Manufacturing Sector,Manufacturing Sector growth,Reserve Bank of India,RBI,Job Creation,Personal Income', 'metaDesc' => ' -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...', 'disp' => '<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>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 34369, 'title' => 'RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty', 'subheading' => '', 'description' => '<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">click here</a> to read more. <br /> </div>', 'credit_writer' => 'Livemint.com, 8 August, 2017, http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473', '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) 4682473, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => 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) 34369 $metaTitle = 'LATEST NEWS UPDATES | RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty' $metaKeywords = 'Manufacturing Sector,Manufacturing Sector growth,Reserve Bank of India,RBI,Job Creation,Personal Income' $metaDesc = ' -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...' $disp = '<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>' $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/rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473.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 | RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty | Im4change.org</title> <meta name="description" content=" -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..."/> <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>RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty</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">-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’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’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> </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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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.<br /> <br /> 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.<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">click here</a> to read more. <br /> </div>', 'credit_writer' => 'Livemint.com, 8 August, 2017, http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473', '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) 4682473, '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) 34369, 'metaTitle' => 'LATEST NEWS UPDATES | RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty', 'metaKeywords' => 'Manufacturing Sector,Manufacturing Sector growth,Reserve Bank of India,RBI,Job Creation,Personal Income', 'metaDesc' => ' -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...', 'disp' => '<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’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’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>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 34369, 'title' => 'RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty', 'subheading' => '', 'description' => '<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’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’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">click here</a> to read more. <br /> </div>', 'credit_writer' => 'Livemint.com, 8 August, 2017, http://www.livemint.com/Opinion/9VrEH0HoBJFaNjwxsBWOvJ/RBI-surveys-a-wakeup-call-for-the-Narendra-Modi-govt.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-surveys-a-wake-up-call-for-the-narendra-modi-government-manas-chakravarty-4682473', '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) 4682473, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => 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) 34369 $metaTitle = 'LATEST NEWS UPDATES | RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty' $metaKeywords = 'Manufacturing Sector,Manufacturing Sector growth,Reserve Bank of India,RBI,Job Creation,Personal Income' $metaDesc = ' -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...' $disp = '<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’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’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>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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RBI surveys a wake-up call for the Narendra Modi government -Manas Chakravarty |
-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. |