-Livemint.com A consumption-driven growth not only fuels inflation, but also can arguably lead to a slackening of future growth Economic growth of 8.2% for the June quarter may have beaten all estimates, but the big question is: what kind of growth is it? Is the economy firing on all the engines of domestic consumption, investment demand and external demand? Let’s look at the numbers. The anecdotal evidence of a spurt in consumption growth...
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How dams can control floods -Mathew Abraham
-The Hindu There should be space for greater storage of water in reservoirs before the onset of monsoon In the aftermath of any tragedy, people struggle to comprehend what happened and how to cope. Kerala is no different. With the floodwaters finally receding, a number of experts and politicians have stated various possible reasons for the tragedy. Some have cited ill-thought-out development plans that have affected the sustainability of the Western Ghats,...
More »HC flays police for not providing details of missing children
-The Hindu Takes suo motu cognisance of article in The Hindu, makes it part of case records Chennai (Tamil Nadu): The Madras High Court on Friday took suo motu cognisance of a news article titled ‘India’s Missing Children’ that appeared in the Sunday Magazine section of The Hindu on August 12 and made it a part of the official records of a batch of cases being heard by the court in connection...
More »Monthly income per farm household grew between NSSO & NABARD surveys, but so has the level of outstanding loans
A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
More »NR Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy (NIPFP) and author of the series presented in a report to the National Statistical Commission, interviewed by Abhishek Waghmare (Business Standard)
-Business Standard "Under the new GDP series, there has been reallocation of a few items from one sector to another, from services to manufacturing sectors" The back series data of GDP released recently by a panel of experts has evoked sharp reactions among political circles and experts. N R Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy, and the author of the series, presented in a report...
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