-PTI * Output of core infrastructure industries shrank by 5.2% in September 2019 as seven of eight sectors witnessed negative growth * During the April-September period, the growth of core industries fell to 1.3% against 5.5% in the year-ago period NEW DELHI: Output of core infrastructure industries shrank by 5.2% in September 2019 as seven of eight sectors witnessed negative growth, according to official data released on Thursday. The eight core sectors had expanded...
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Pronab Sen, former chief statistician of India and current programme director of the International Growth Centre's India Programme, interviewed by Kundan Pandey (Down to Earth)
-Down to Earth Pronab Sen, former chief statistician of India and current programme director of the International Growth Centre’s India Programme, speaks to Kundan Pandey about how recent government policies have crippled the income of the poor and slowed the economy * Kundan Pandey: Is there low demand in the economy? Pronab Sen: The demand is not low. The crisis is that the demand is not growing. For a long time, people...
More »Sale of onion, pulses to continue from buffer stock: Government
-IANS The representatives of the Ministry of Agriculture said that due to Diwali, the market was closed in Maharashtra due to which the supply of onion was affected for two-three days. NEW DELHI: The Central government has directed NAFED to continue supplying pulses and onions from the buffer stock in order to keep the prices under control, an official said. A meeting was held here on Wednesday under the chairmanship of Avinash Kumar...
More »Randomized control trials may not suit India's social schemes -Indira Rajaraman
-Livemint.com What works for a small-scale NGO-style intervention may not help the state’s implementation of it without elaborate checks The Nobel Prize for economics this year has gone to three scholars, two American citizens and one French-American. It has generated much excitement in India because one of the Americans, Abhijit Banerjee, is of Indian descent, and all three have worked on India. This has happened before. Angus Deaton, the 2015 recipient, and...
More »India's growth is in barely positive territory: US think tank
-PTI As against India's real growth rate of 6.8 per cent in 2018, the IMF in its latest World Economic Outlook projected the country's growth rate at 6.1 per cent for 2019. WASHINGTON: India's growth is in barely positive territory, a top American think tank has said, noting that several key indicators are not just slowing down, but in absolute decline. In a study, two scholars from the Centre for Global Development (CGD)...
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