-Newsclick.in Joblessness is zooming, inflation is at six-year high led by food inflation, exports are down further, industrial production is stagnant and investment is at a standstill. In the last six months or so, the Modi government has supposedly been paying close attention to the sinking economy, with a flurry of meetings, announcements of freebies to corporates, fervent assurances to markets and budget shenanigans to supposedly keep the deficit in check and...

-The Indian Express Business investment grew by less than 1 per cent, which bodes ill for India's long-term growth. According to the data released by the Ministry of Statistics and Programme Implementation (MoSPI), India’s gross domestic product will grow by just 5 per cent in the current financial year (2019-20). Last financial year, 2018-19, the Indian economy grew at 6.8 per cent. The gross value added (GVA), which maps the economic activity...

-TheWire.in The Narendra Modi government's push to have research institutions depend less on public funds has been turned into a bad idea by the government's own priorities. “Innovate, patent, produce, prosper.” Prime Minister Narendra Modi delivered these words in his inaugural address at the 107th Indian Science Congress, now underway in Bengaluru. Modi’s prescription (first advanced in early 2018) describes a straightforward path to success but it also quietly assumes an environment and...

-Newsclick.in Even as the growth rate of the Indian economy is slowing down, and the index of industrial production (IIP) is actually showing negative growth for three consecutive months, August to October (over the corresponding months a year ago), the inflation rate in the economy has started accelerating. Significantly, the acceleration in inflation has been the sharpest precisely during these very months when the contraction in industrial output has been the...

-The Hindu India must use green technologies to boost growth and become a climate leader The UN’s Emissions Gap Report comes as a sharp warning to countries preparing to meet in Madrid in December, under the aegis of the UN Framework Convention on Climate Change, that every year of inaction is jeopardising the main goal of the Paris Agreement: to keep the rise in global temperature over pre-industrial times well below 2°C,...