-TheWire.in The survey also conferred a lot of credit on the Centre’s move in 2015 to implement direct benefit transfer and Aadhaar-linked payments when it comes to workers' wages. New Delhi: In tacit acceptance of the sudden surge in demand for jobs under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) following the demonetisation move of the government in 2016, the Economic Survey (released this July 4) has called for using...
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Economic Survey 2018-19: School going population peaks as fertility rate declines -Richard Mahapatra
-Down to Earth Nine states, which have fertility rates well below the replacement rate, will have an aged population by 2030s India’s population growth rate will decline faster than assumed, according to the Economic Survey 2018-19. In fact, the fertility rate in many states has reached the replacement rate. “India is set to witness a sharp slowdown in population growth in the next two decades,” analysed the Economic Survey. "The country will enjoy...
More »India GDP overestimation: more evidence -Nikita Kwatra
-Livemint.com India’s actual growth rate over the past few years may have been in the range of 5-5.5% over the past few years, according to a new study Last month, a research paper by the former chief economic adviser to the finance ministry, Arvind Subramanian, reignited the controversy surrounding India’s GDP calculations. In his paper, Subramanian suggested that India’s growth rate in recent years had been grossly overestimated --- a claim that...
More »Richest 1% Indians own more than half of country's total wealth, says report -Achyut Mishra
-ThePrint.in The report, prepared by Council of Social Development, says wealth inequality in India has seen a six-fold increase between 2000 and 2017. New Delhi: The richest 1 per cent of Indians own 58.4 per cent of the country’s total wealth, and this wealth inequality has increased six times between 2000 and 2017, said a new report published by Oxford University Press and released by former prime minister Dr Manmohan Singh Monday. Titled...
More »Not by wishful thinking -R Nagaraj
-The Hindu A $5 trillion Indian economy may be attainable if domestic saving and investment are stepped up In early June, at a NITI Aayog meeting, prime minister Narendra Modi set a clear and bold economic target — to grow India into a $5 trillion economy by 2024. It is now for ‘Team India’, as the meeting was bannered, to translate this target into a plan and policies and programmes. Historically, such...
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