-The Telegraph New Delhi: The Indian economy grew at its slowest pace in more than six years at 5 per cent in the first quarter of 2019-20, deepening worries about subdued factory output and resultant job losses. It also fanned concerns about the Narendra Modi government’s ability to crank up demand amid clear indications that urban consumption had also started to slacken after rural demand went into a deep rut several quarters...
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Manmohan Singh assails govt on slowdown: How the former PM has emerged as a strong Modi critic
-The Indian Express From economic issues to demonetisation or agrarian distress, Manmohan Singh has now become one of the strongest voices of the Opposition against Prime Minister Narendra Modi. New Delhi: Former Prime Minister Manmohan Singh has rarely made public interventions in the last few years since the BJP came to power but whenever he has spoken, it has weighed heavily for the saffron party to ignore or paper over. From...
More »Land degradation: India to restore 50 lakh hectare of land by 2030
-PTI India will restore 50 lakh hectare of its degraded land by 2030, Union Environment Minister Prakash Javadekar said on Tuesday. Speaking ahead of the upcoming global conference on land desertification, the minister said 29 per cent land of India’s total geographical area is degraded which has to be restored and will be the agenda of the the summit. India is hosting the Conference of Parties (COP) 14 of the United...
More »RBI's bonanza: Fiscal deficit by another name -Aunindyo Chakravarty
-Newsclick.in It’s just a parlour trick to disguise financing of government spending that does not appear in the formal Budget. We all know by now, that economic activity in this country has come to a grinding halt. That’s not just bad for our earnings, but also for the Government of India (GoI). Because, when people don’t buy or sell things, or even produce them, the government doesn’t get enough taxes. So, economists...
More »Policy by Whatsapp: A disregard of consequences in governing the new India -Samar Halarnkar
-Scroll.in Democracy requires a national character that isn’t grounded in ignorance and government policy that is not a sophisticated version of Whatsapp. It is now clear – 1,020 days after Prime Minister Narendra Modi told India he was wiping out 85% of its currency, by value – that demonetisation was not just a failure but a spectacularly misconceived move. That its destructive effects took at least 100 lives in its immediate aftermath,...
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