-The Times of India MUMBAI: The share of bank credit to micro and small enterprises (MSEs) has been shrinking since three years — from 5.9% in October 2015 to 4.5% in October 2018, data from the RBI show. While it is clear the sector is facing problems due to the double whammy of demonetisation and GST, it’s unclear whether MSEs are hit by liquidity issues or whether banks do not find them...
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Recalculating GDP figures isn't wrong, it's strange. Let CSO explain this -Ashok V Desai
-The Economic Times The NDA government has been a pioneer a number of times. Demonetisation and the goods and services tax (GST) are only its bestknown antics. Now it has taken the lead in politicising national income statistics. Normally, the Central Statistical Office (CSO) issues a press note every quARTer, giving figures of national income and its components for the previous quARTer. The figures do not make headlines. The common man has...
More »Q2 GDP growth slows to 7.1% from 8.2% in Q1 -TCA Sharad Raghavan
-The Hindu Various ratings agencies had predicted such a slowdown in the second quARTer due to the impact of rising oil prices on input costs, and also due to the effect of the rupee devaluation. New Delhi: Second-quARTer GDP growth slowed to 7.1%, from 8.2% in the preceding three-month period, official estimates released on Friday show. Gross Value Added (GVA) growth eased to 6.9% in July-September, from 8%. The GDP expansion in the...
More »Kisan Mukti March: Opposition rallies behind farmers -Priscilla Jebaraj
-The Hindu Rahul Gandhi, Kejriwal and other leaders share stage, demand loan waiver Congress president Rahul Gandhi and Aam Aadmi PARTy chief Arvind Kejriwal shared the stage for the first time at Friday’s Kisan Mukti March, leading a show of Opposition unity in support of the farmers’ demands for fair prices and debt relief. Farmer leaders welcomed the political support as a sign that the agrarian crisis is now on top of...
More »1/3 of world's stunted kids are from India, says report -Sushmi Dey
-The Times of India NEW DELHI: India is among the countries accounting for the highest burden of stunted, wasted and overweight children, the new Global Nutrition Report, 2018 reflecting the growing concern around child nutrition in the country. With 46.6 million stunted children, India accounted for nearly one-third of the world’s 150.8 million children who are stunted, the report shows warning against a major malnutrition crisis.. India is followed by Nigeria (13.9...
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