-The Times of India NEW DELHI: The highlight of the gross domestic product (GDP) data for July-September quarter is the overall growth rate of 6.3 per cent, the first time pace of economic growth has increased in six quarters. It suggests that the marked slide we witnessed over the last year has finally stopped. However, a look at the disaggregated data shows that the economy is still struggling. A comparison of the...
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Ramesh Chand, NITI Aayog member and agricultural economist, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com Farm economist and NITI Aayog member Ramesh Chand on the urgency of agricultural market reforms to meet the target of doubling farm incomes by 2022 New Delhi: Apart from staging protests in Delhi, farmers must make themselves heard in state capitals as well to resolve issues outside the central government’s control, farm economist and NITI Aayog member Ramesh Chand said. In an interview, he spoke of the urgency of agricultural market...
More »GST rate cut: Union Cabinet gives nod, monitor will guard against profiteering -Aanchal Magazine
-The Indian Express The authority will have the power to cancel registration of any entity or business if it fails to pass on the benefit of lower taxes under the GST regime to consumers. New Delhi: THE UNION Cabinet on Thursday approved the setting up of a National Anti-Profiteering Authority, a body with an overarching mandate to ensure that the reduction in tax rates under the new Goods and Services Tax (GST)...
More »Why Arun Jaitley is unable to cut petrol, diesel prices -Abhik Deb
-The Times of India NEW DELHI: In the last one week or so, the government has actively turned its focus towards reviving the country's economy. On Thursday, news agency Reuters quoted government officials to report that the Centre is planning to spend up to Rs 50,000 crore to arrest the 'economic slowdown'. This report came a day after Finance Minister Arun Jaitley said that the government is considering additional measures to...
More »Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
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