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


        trigger_error($message, E_USER_DEPRECATED);

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

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


        trigger_error($message, E_USER_DEPRECATED);

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

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

                trigger_error($message, E_USER_WARNING);

            } else {
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        LATEST NEWS UPDATES | With a huge informal economy, government should increase spending, not worry about deficit -Maitreesh Ghatak    </title>
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-The Indian Express

To get the engine of the economy revving, an expansionary fiscal policy that harnesses the energy of the informal sector to boost aggregate demand is the order of the day.

That India is in the midst of a serious..."/>
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-The Indian Express

To get the engine of the economy revving, an expansionary fiscal policy that harnesses the energy of the informal sector to boost aggregate demand is the order of the day.

That India is in the midst of a serious..." />
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                            <div align="justify">-The Indian Express<br /><br /><em>To get the engine of the economy revving, an expansionary fiscal policy that harnesses the energy of the informal sector to boost aggregate demand is the order of the day.<br /></em><br />That India is in the midst of a serious economic slowdown is no longer in question. The debates are now mostly about what to do about it: Whether to opt for a fiscal expansion to boost demand or to carry out deep reforms to raise productivity and the growth potential of the economy. As per the recent release by the National Statistical Office (NSO), the growth rate of the GDP in real terms is now 5 per cent, the lowest in more than a decade, and that ofthe nominal GDP is 7.5 per cent &mdash; the lowest in four decades. Technically, this is being called a slowdown and not a recession, since in absolute terms GDP has not fallen.<br /><br />Yet, the leaked National Sample Survey (NSS) consumer expenditure data &mdash; a report that was withheld and now has been officially withdrawn &mdash; shows that real monthly per capita expenditure has in fact fallen in absolute terms between 2011-12 and 2017-18. In rural areas, consumption expenditure decreased by 8.8 per cent, while in urban areas it increased by 2 per cent, leading to an all India decline of 3.7 per cent.<br /><br />Please <a href="https://indianexpress.com/article/opinion/columns/economy-slowdown-gdp-growth-development-where-demand-has-gone-6230425/?fbclid=IwAR1oaBN9P48_kMn9JRjNkGaqDR95DYfzdmw4FgkYB1BWQ_Ge7bwEoCPTfuE" title="https://indianexpress.com/article/opinion/columns/economy-slowdown-gdp-growth-development-where-demand-has-gone-6230425/?fbclid=IwAR1oaBN9P48_kMn9JRjNkGaqDR95DYfzdmw4FgkYB1BWQ_Ge7bwEoCPTfuE">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-The Indian Express<br /><br /><em>To get the engine of the economy revving, an expansionary fiscal policy that harnesses the energy of the informal sector to boost aggregate demand is the order of the day.<br /></em><br />That India is in the midst of a serious economic slowdown is no longer in question. The debates are now mostly about what to do about it: Whether to opt for a fiscal expansion to boost demand or to carry out deep reforms to raise productivity and the growth potential of the economy. As per the recent release by the National Statistical Office (NSO), the growth rate of the GDP in real terms is now 5 per cent, the lowest in more than a decade, and that ofthe nominal GDP is 7.5 per cent &mdash; the lowest in four decades. Technically, this is being called a slowdown and not a recession, since in absolute terms GDP has not fallen.<br /><br />Yet, the leaked National Sample Survey (NSS) consumer expenditure data &mdash; a report that was withheld and now has been officially withdrawn &mdash; shows that real monthly per capita expenditure has in fact fallen in absolute terms between 2011-12 and 2017-18. In rural areas, consumption expenditure decreased by 8.8 per cent, while in urban areas it increased by 2 per cent, leading to an all India decline of 3.7 per cent.<br /><br />Please <a href="https://indianexpress.com/article/opinion/columns/economy-slowdown-gdp-growth-development-where-demand-has-gone-6230425/?fbclid=IwAR1oaBN9P48_kMn9JRjNkGaqDR95DYfzdmw4FgkYB1BWQ_Ge7bwEoCPTfuE" title="https://indianexpress.com/article/opinion/columns/economy-slowdown-gdp-growth-development-where-demand-has-gone-6230425/?fbclid=IwAR1oaBN9P48_kMn9JRjNkGaqDR95DYfzdmw4FgkYB1BWQ_Ge7bwEoCPTfuE">click here</a> to read more. <br /></div>                                                           
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To get the engine of the economy revving, an expansionary fiscal policy that harnesses the energy of the informal sector to boost aggregate demand is the order of the day.

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-The Indian Express

To get the engine of the economy revving, an expansionary fiscal policy that harnesses the energy of the informal sector to boost aggregate demand is the order of the day.

That India is in the midst of a serious..." />
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                            <div align="justify">-The Indian Express<br /><br /><em>To get the engine of the economy revving, an expansionary fiscal policy that harnesses the energy of the informal sector to boost aggregate demand is the order of the day.<br /></em><br />That India is in the midst of a serious economic slowdown is no longer in question. The debates are now mostly about what to do about it: Whether to opt for a fiscal expansion to boost demand or to carry out deep reforms to raise productivity and the growth potential of the economy. As per the recent release by the National Statistical Office (NSO), the growth rate of the GDP in real terms is now 5 per cent, the lowest in more than a decade, and that ofthe nominal GDP is 7.5 per cent &mdash; the lowest in four decades. Technically, this is being called a slowdown and not a recession, since in absolute terms GDP has not fallen.<br /><br />Yet, the leaked National Sample Survey (NSS) consumer expenditure data &mdash; a report that was withheld and now has been officially withdrawn &mdash; shows that real monthly per capita expenditure has in fact fallen in absolute terms between 2011-12 and 2017-18. In rural areas, consumption expenditure decreased by 8.8 per cent, while in urban areas it increased by 2 per cent, leading to an all India decline of 3.7 per cent.<br /><br />Please <a href="https://indianexpress.com/article/opinion/columns/economy-slowdown-gdp-growth-development-where-demand-has-gone-6230425/?fbclid=IwAR1oaBN9P48_kMn9JRjNkGaqDR95DYfzdmw4FgkYB1BWQ_Ge7bwEoCPTfuE" title="https://indianexpress.com/article/opinion/columns/economy-slowdown-gdp-growth-development-where-demand-has-gone-6230425/?fbclid=IwAR1oaBN9P48_kMn9JRjNkGaqDR95DYfzdmw4FgkYB1BWQ_Ge7bwEoCPTfuE">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://indianexpress.com/article/opinion/columns/economy-slowdown-gdp-growth-development-where-demand-has-gone-6230425/?fbclid=IwAR1oaBN9P48_kMn9JRjNkGaqDR95DYfz" class="re" target="_blank">The Indian Express, 23 January, 2020, https://indianexpress.com/article/opinion/columns/economy-slowdown-gdp-growth-development-where-demand-has-gone-6230425/?fbclid=IwAR1oaBN9P48_kMn9JRjNkGaqDR95DYfz</a><div class="clear"></div>
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With a huge informal economy, government should increase spending, not worry about deficit -Maitreesh Ghatak

Published on Jan 24, 2020   Modified on Jan 24, 2020

-The Indian Express To get the engine of the economy revving, an expansionary fiscal policy that harnesses the energy of the informal sector to boost aggregate demand is the order of the day. That India is in the midst of a serious economic slowdown is no longer in question. The debates are now mostly about what to do about it: Whether to opt for a fiscal expansion to boost demand or to carry out deep reforms to raise productivity and the growth potential of the economy. As per the recent release by the National Statistical Office (NSO), the growth rate of the GDP in real terms is now 5 per cent, the lowest in more than a decade, and that ofthe nominal GDP is 7.5 per cent — the lowest in four decades. Technically, this is being called a slowdown and not a recession, since in absolute terms GDP has not fallen. Yet, the leaked National Sample Survey (NSS) consumer expenditure data — a report that was withheld and now has been officially withdrawn — shows that real monthly per capita expenditure has in fact fallen in absolute terms between 2011-12 and 2017-18. In rural areas, consumption expenditure decreased by 8.8 per cent, while in urban areas it increased by 2 per cent, leading to an all India decline of 3.7 per cent. Please click here to read more.

The Indian Express, 23 January, 2020, https://indianexpress.com/article/opinion/columns/economy-slowdown-gdp-growth-development-where-demand-has-gone-6230425/?fbclid=IwAR1oaBN9P48_kMn9JRjNkGaqDR95DYfz

Tagged with: National Accounts Statistics national sample survey monthly per capita consumption expenditure informal economy Informal Workers Economic Slowdown Economic Growth fiscal deficit

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