-Firstpost.com The Narendra Modi government seems to have inherited Amitabh Bachchan's famous coin from Sholay. For, whichever way it falls, the government claims it has won. Its latest spin on demonetisation is yet another example of the government's 'heads we win, tails we win' arrogance. But, economy is not cinema. So, don't believe for a moment that the government was expecting almost all of the demonetised currency to return to the Reserve...
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'Sewer deaths rampant, states refuse to report' -Subodh Ghildiyal
-The Times of India NEW DELHI: The government has stated that safety standards in the cleaning of sewer and septic tanks are alarmingly low across the country in the wake of 10 people falling prey to cleaning sewers in a month in the capital. A review of the "Prohibition of Employment as Manual Scavengers and Their Rehabilitation Act, 2013" (MS Act) has found that there is no information available about the cases...
More »At 5.7%, Q1 GDP growth slumps to 3-year low -KR Srivats
-The Hindu Business Line Uncertainty over GST and related de-stocking hit industrial sector in Q1, says Anant New Delhi: THRee key macro-data points released on Thursday presented a worrying picture of the economy, adding credence to the Reserve Bank of India Monetary Policy Committee’s recent fears of slower growth. The keenly-awaited first-quarter GDP growth number came in at 5.7 per cent, a THRee-year low and far lower than the 7.9 per cent GDP...
More »The Truth About Demonetisation -Prabhat Patnaik
-Newsclick.in After months of dilly-dallying the Reserve Bank of India has finally come out with the figure that nearly 99 percent of the currency notes demonetised in November 2016, came back to the banking system. After months of dilly-dallying the Reserve Bank of India has finally come out with the figure that nearly 99 percent of the currency notes demonetised in November 2016, came back to the banking system. The total value...
More »NITI Aayog's THRee-year action plan on agriculture raises hope as well as concerns
-Down to Earth In a major digression from the current discourse on GM crops, the report claimed that the farmers in India have “enthusiastically embraced” GM seeds For the first time since the five-year plans were scrapped, the NITI Aayog presented the THRee-year action plan last week. The report, which draws on recommendations made by the Task Force on Agricultural Development and a group of secretaries appointed by PM Modi at...
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