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Indian economy delicately poised -Renu Kohli

-The Telegraph By all indications revival in 2020 is not possible The year 2019 has played out on a mixed note. Politically, the general election outcome upheld the popular choice of a majority government. Economically, conditions deteriorated rapidly through the year. In fact, an undercurrent of concern about the economic situation prevailed throughout 2019. This surfaced upfront immediately after the May election and reached a flashpoint by the middle of the...

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How and why the Indian economy is losing its Growth momentum -Udit Misra

-The Indian Express Former Chief Economic Advisor Arvind Subramanian expands on his twin-balance sheet analysis to explain how the Indian economy reached the current state of turmoil. To a lay observer, the collapse of India’s economic Growth momentum is nothing short of befuddling. That’s because until just a few years ago – to be precise until March 2017 – the Indian economy was not only growing at a progressively rapid pace but...

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For a system of free higher education -Prabhat Patnaik

-Macroscan.org/ Frontline.in To develop "organic intellectuals" of a free India, higher education needs to be made completely free. But unless the tendency to appease the rich in the name of Growth and to commoditise education are overcome, this seems like a distant dream. Please click here to access. ...

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Redesign fiscal policy to fire up infrastructure Growth -Ejaz Ghani

-Livemint.com India’s manufacturing sector is moving out of costly and congested cities to rural areas in order to stay competitive. But poor infrastructure is hampering its Growth The global economic downturn has raised concerns about the effectiveness of conventional economic policies, which were designed for stabilization, and not for reviving Growth in developing countries. Rural distress, spatial disparities, the gender divide and climate change, all combined with the threat of low and...

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Mind the statistics gap -C Rangarajan & S Mahendra Dev

-The Indian Express Growing divergence between consumption expenditure estimates from NSO surveys and GDP data is too big to be pushed under the carpet Recently, we had expressed concerns that with the GDP Growth rate falling in the post 2011-12 period, the decline in the poverty ratio would be slow. During 2011-12 to 2018-19, both GDP and agriculture Growth were lower than in the earlier period. The terms of trade were not...

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