-The Indian Express Government could give fertiliser subsidy directly to farmers and let them decide if they want to practise zero budget natural farming or use chemical-fertilisers. The Narendra Modi government completed 100 days of its second term (Modi 2.0) last week. On this occasion, most cabinet ministers spoke of the achievements of their ministries. The headlines in newspapers were, however, about the abrogation of Article 370, or the biggest slump...

-Newsclick.in Rather than spending more, government expenditure by July 2019 is less than what it was last year as share of annual budget, with key public welfare related ministries cutting most. India is facing an unprecedented slowdown of the economy with GDP growth slumping to 5% in the June quarter, agriculture growing by only 2% and manufacturing by a mere 0.6%. Private consumption expenditure – spending by families on consumption – has...

-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...

-The Hindu Business Line Lowering the exchange rate to boost exports, a grant-based stimulus for auto sector and reviving stalled power projects will help The slowdown in the Indian economy is far steeper than what most observers had expected. The government has announced a set of measures for revival. It has also indicated that more are in the pipeline. For this to have become necessary within weeks of the presentation of the...

-Newsclick.in According to Gujarat Induction Furnace Association, well over 7,000 workers of the steel furnace industry in Gujarat have become jobless in last three months. On Monday, September 2, it was reported that the growth of the country’s eight core industries has plunged, according to the official data, to 2.1% in July as against 7.3% in the same period last year. This included the steel sector industry which has registered a decline...