-The Telegraph Inflation and a poor monsoon may add to our woes in an economy already plagued with high unemployment and low demand The ministry of commerce has released the latest data on wholesale price index inflation. The data on food inflation have attracted attention as it soared to a 33-month high in April 2019. However, this rate of inflation is still moderate at 7.4 per cent. The inflation has been due...
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Why an industrial policy is crucial -Santosh Mehrotra
-The Hindu No major country has managed to reduce poverty or sustain economic growth without a robust manufacturing sector The contribution of manufacturing to GDP in 2017 was only about 16%, a stagnation since the economic reforms began in 1991. The contrast with the major Asian economies is significant. For example, Malaysia roughly tripled its share of manufacturing in GDP to 24%, while Thailand’s share increased from 13% to 33% (1960-2014). In...
More »Sunaina Rawat and the dilemma of Bharat -Richard Mahapatra
-Down to Earth The new government has to focus on the rural population, their aspirations and the economy By this time most of us know Sunaina Rawat. Still a brief introduction: she is a 12-year-old girl from a village in Uttar Pradesh. When the news channel NDTV’s head Prannoy Roy interviewed her on life and aspirations while covering elections, she immediately became one of the most imposing symbol for the country’s rural...
More »NSSO Questions Quality of Key Database Now Used to Calculate GDP
-TheWire.in A study has raised questions raised over the quality of the MCA-21 database, which is a crucial part of the new GDP series math. New Delhi: A National Sample Survey Office (NSSO) report has highlighted deficiencies in key government database of Indian companies, an observation that economists say could have consequences for the credibility of India’s GDP numbers. A technical study conducted by the NSSO between June 2016 and June 2017,...
More »PepsiCo's attempt to sue farmers highlights the lacunae in IPR laws -Rajshree Chandra
-The Indian Express Who is the rightful owner of the potato variety, FL 2027? Is it the farmer who bought, planted, harvested the potatoes from his own farm, or is it the innovator who cross-bred and modified the potato to have a low moisture content for crispier chips? There could not have been a better heading for the IE editorial (April 30) on PepsiCo’s infringement suit against the farmers who have...
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