-TheWire.in Both the Modi government and former Prime Minister Manmohan Singh are ignoring one crucial aspect of reviving the economy: raising effective demand. Only a few weeks ago, the central government was talking grandly about India reaching a $5-trillion economy and refusing to recognise the severe slowdown India is going through. (This is not such a grand ambition when compared with China, which is often portrayed as India’s competitor, because by 2025,...

-Newsclick.in Data confirms an acute demand crisis in rural India and beyond. Finance Minister Nirmala Sitharaman’s latest statement on millennials contributing to the auto industry slowdown by shifting their preferences—choosing Ola or Uber ride-booking services instead of buying cars—is feeding many a meme on social Media. Even before her statement, sections of industry and the banking sector had been pushing this argument. Not just private banking giants, such as Uday Kotak, but even...

-The Times of India NEW DELHI: The information technology ministry does not appear to be in favour of linking Aadhaar with social Media accounts as the measure has the potential to clash with earlier court judgments on privacy and use of the biometric identification card, top officials in the ministry said. The officials, requesting anonymity, said that the measure has to be carefully thought out before any decision to allow any linkage...

  Is it the case that the global economic downturn instead of shrinking domestic demand has affected our economy more? If the aforesaid statement is true, then ideally the trade related data should indicate improvement in our imports and deceleration in the country's exports. However, that is not the case and we get a mixed picture.   A press release by the Ministry of Commerce & Industry dated 13th September, 2019 shows...

-The Hindu Disturbing a federal system that protects the complexity of human identities could pave the way for conflict It is sometimes claimed that once ordinary people benefit from economic development, they automatically set aside issues related to their identity. Such a view was found not only in materialist theories that gave explanatory primacy in human life to economic factors but also among leaders of social and political movements. Nehru, for instance,...