-The Hindu It would seem that since the government is unable to catalyse domestic investment or fund public investment, it is now turning abroad to fuel growth Union Finance Minister Nirmala Sitharaman is mistaken if she thinks her first Budget is going to revive a slowing economy. The economy grew by just 5.8% in real terms in the last quarter of 2018-19. Yet, the Union Budget for 2019-20 assumes that the economy will...
More »SEARCH RESULT
Total Matching Records found : 6059
Bengal IT employees apply for trade union registration
-IANS * The Kolkata Forum for IT Employees said there has been a number of incidents of unfair labour practices in the past * There are 1.8 lakh employees working in the IT industry in West Bengal The Kolkata Forum for IT Employees on Saturday said it has applied to the West Bengal government for trade union registration in the Information Technology and ITes, Business Process Outsourcing and Knowledge Process Outsourcing industry in...
More »India's non-agrarian rural economy struggles for sustenance -Richard Mahapatra
-Down to Earth Farmers and farm labourers, who want to quit agriculture, are stuck in the non-remunerative work since other sectors are not generating jobs at the required rate We are fairly sure by now that the upcoming Budget would be the first government instrument towards the prime minister’s ambitious plan of making India a $5 trillion economy by 2024. Currently, India is nearly a $2.8 trillion economy. It is obvious we...
More »India's missed growth opportunities -Nikita Kwatra
-Livemint.com * In her new book, Puja Mehra analyses the political and economic policies of a decade that have brought India’s growth rate to its current crisis * She uses her insights as a trained economist as well as journalist to explain the workings of the governments in power In the last couple of years, India has been on a shaky growth path, regularly being called “the world’s fastest-growing economy" and losing grip...
More »Why the Core of ex-CEA's Argument on India's GDP 'Overestimation' Stands -Prabhat Patnaik
-Newsclick.in After economic liberalisation, barring a brief hiatus, the growth rate has scarcely moved up compared with earlier, with manufacturing -- the sector that counts most -- often logging lower growth than before. The “gross domestic product” (GDP) is a concept rooted in an epistemic position which is intrinsically incapable of recognising the existence of a “surplus” in society. A simple example will make this clear. Suppose we have an agrarian economy...
More »
