-IANS The former CEA says he does not think anyone disputes that demonetisation slowed growth. Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8% in the seven quARTers after it against the 8% recorded prior to the note ban, says former Chief Economic Advisor Arvind Subramanian. Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra Modi, he says that he does not have a strongly-backed...
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Back series data trim GDP growth rates for FY05-12 -KR Srivats
-The Hindu Business Line But the economy size gets a bump-up under new base year New Delhi: It’s official now. The government-initiated recalibration of the economy for the years 2004-05 to 2011-12, based on the new base year 2011-12, paints a somewhat less cheerful picture on the GDP growth front for these years. However, the new methodology of changed base year (2011-12) with the latest data sources and improved coverage has bumped up...
More »Overseas markets wipe away tears of onion traders hit by low domestic prices -Amrita Nair Ghaswala
-The Hindu Business Line Mumbai: Onion exports have picked up on firm overseas demand even as domestic prices continue to rule low, as the new crop hits the markets in the backdrop of huge carry forward stocks. Experts attribute the pick-up in demand over the past few months to a lower global output due to changing climatic conditions. Ganpat Vaishnav, owner of Ganesh Impex, moved to exporting onions over the last three months,...
More »Why much of India lacks access to safe drinking water, despite an ambitious government project -Shreehari Paliath
-India Spend/ Scroll.in In August, the CAG found that the National Rural Drinking Water Programme had failed to meet its targets. More than 163 million Indians – higher than the population of Russia – do not have access to safe drinking water, and the National Rural Drinking Water Programme, despite spending 90% of Rs 89,956 crore budget over five years to 2017, has “failed” its targets, according to an August 2018 report...
More »Single women seek monthly pension -Jagriti Chandra
-The Hindu A forum representing single women has prepared a chARTer of demands pitching for enhanced budgetary allocation so that schemes such as monthly pension and benefits for care-givers can be framed for them. Their call comes at a time five States prepare to vote during Assembly elections and when there are nearly six months left for general elections. The National Forum for Single Women’s Rights (NFSWR) has also demanded that the...
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