-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...
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Why India's mega bank mergers move may not yield the desired results -Mythili Bhusnurmath
-The Economic Times Government’s forced mega merger of public sector banks could scupper economic recovery. I am not saying we maintain a Panglossian countenance, that we smile away every difficulty. But, in any real economy, the mood is very important,’ observed Reserve Bank of India governor Shaktikanta Das, speaking at an event in Mumbai late August. Sound advice. Sentiment matters. Irrational despondency can be as damaging for the economy as ‘irrational exuberance’. But...
More »Jean Dreze contests Amit Shah with Gujarat data -Pheroze L Vincent
-The Telegraph Dreze showed how Jammu and Kashmir outscored Gujarat on the basis of a raft of development indices New Delhi: Economist Jean Dreze held up a placard at a protest rally here on Wednesday, displaying stats to contest home minister Amit Shah’s claim that Jammu and Kashmir was less developed than the rest of India. Dreze showed how Jammu and Kashmir outscored Gujarat on the basis of a raft of development indices. “I...
More »How WhatsApp messages from Bhutan are saving lives in Assam -Shailendra Yashwant
-Scroll.in/ The Third Pole Flash-flood warnings routed through NGOs are giving border villages precious lead-time to escape the wrath of suddenly rising rivers. In the last few weeks of June, a series of WhatsApp messages were sent from Bhutan to India to warn cross-border friends downstream of the Aai, Saralbhanga and Manas rivers about cloud-bursts, swollen rivers and possible flash floods affecting people in the Indian state of Assam. Although originating from officials,...
More »Saurashtra woes: Policy change on check dams leads to water deficit -Shagun Kapil
-Down to Earth In the 1990s, non-profits and farmers themselves built check dams; today, the government does it, without proper research or site selection Fifty-four-year old Dineshbhai Babariya has just harvested a 20 quintal cotton crop, his second harvest in the last one year in his four bigha (1.6 acre) farm in the Jasapar village of Gujarat’s Saurashtra region. August 2018 was the last time the village in Rajkot district received around 228...
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