-The Indian Express Estimates are not perfect, but the process is revised and fine-tuned. Former Chief Economic Adviser Arvind Subramanian’s recent paper claims that the Indian GDP growth may have been overestimated by 2.5 per cent per annum between the period 2011-12 and 2016-17. A note by Prime Minister’s Economic Advisory Council (PMEAC) rejects the methodology, arguments and conclusions of Subramanian’s paper. A study done at our institute by Ashima Goyal...
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Budget 2019: A pro-farmer slant but just a field of dreams -Sayantan Bera
-Livemint.com * FM vows to invest widely in agriculture infrastructure, but offers little to revive rural income and demand * In terms of new schemes, the budget announced Pradhan Mantri Matsya Sampada Yojana for the fisheries sector and another to boost traditional industries In March 2018, Rakesh Sangwan, 27, a farmer in Haryana’s Charkhi Dadri, stopped watering his tomato plants. The crop slowly withered away and, subsequently, it was mowed down by a...
More »Union Budget: At the bottom of the page lie Nirmala's deficit secrets -Devadeep Purohit
-The Telegraph Sitharaman spun a narrative, listed some intent but did little to give the economy a much-needed push The nation had swooned over Narendra Modi’s Mazboot Bharat narrative in April-May, giving the BJP a thumping victory in the Lok Sabha polls. The success of the saffron camp in spinning narratives was in full display on Friday when Nirmala Sitharaman rose to present the Union budget 2019-20 that the ruling dispensation in...
More »Tamil Nadu's population set to decline during 2031-41
-The New Indian Express Tamil Nadu’s population is set to see a decline during 2031-41, unless offset by inward migration, with its population peaking at 2031, according to the latest economic survey. CHENNAI: Tamil Nadu’s population is set to see a decline during 2031-41, unless offset by inward migration, with its population peaking at 2031, according to the latest economic survey. The decline is projected at 0.05 per cent. “Population growth will...
More »Only 12% of schools RTE compliant: Whither 6% budgetary allocation for education? -Ambarish Rai
-TheWire.in Despite Indian state’s commitment of 6% GDP on education, the Finance Minister completely ignored right to education for children and strengthening implementation of RTE Act which makes education a fundamental right in her budget speech. The Right to Education (RTE) Forum, which is a collective of different stakeholders in education, condemns this neglect of a legal entitlement, which is unconstitutional and demand for overall increase in the budget to ensure...
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