-The Hindu ‘Why a magistrate has to certify transgenders’ identity’, apex court asks govt The Supreme Court on Monday asked the government to explain why a law meant to protect the transgender community requires a magistrate’s certificate as a prior condition for the State to even identify a transperson. A Bench LED by Chief Justice of India Sharad A. Bobde issued formal notice to the government on the petition fiLED by Swati Bidhan...
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The Indian Constitution, in numbers -Vishnu Padmanabhan & Pooja Dantewadia
-Livemint.com Nearly 70 years after it first came into effect on 26 January 1950, the Constitution of India—which is a 146,385-word tome—has outlived most peers In the recent student-LED protests, the Indian Constitution has been a recurring theme. Protesters are loudly reading out the preamble of the Constitution in defiance because they believe that fundamental Constitutional principles are being weakened by the ruling government. This is not the first time that there...
More »IMF lowers global growth forecast for 2019, cites 'sharp slowdown' in India
-The Indian Express "Domestic demand has slowed more sharply than expected amid stress in the non-bank financial sector and a decline in credit growth," India-born IMF Chief Economist Gita Gopinath said. Citing a sharp economic slowdown in India and other emerging markets, the International Monetary Fund (IMF) on Monday lowered growth estimate for the world economy to 2.9 per cent for 2019. Besides, the International Monetary Fund also trimmed India’s growth estimate...
More »Is the Indian economy staring at stagflation? -Prashanth Perumal J
-The Hindu Why is the scenario of rising prices and falling growth a cause for worry? Can the government or the Reserve Bank of India do anything? The story so far: The rise in retail price inflation to a nearly six-year high of 7.35% in December has LED to increasing worries that the Indian economy may be headed towards stagflation. The current rise in retail inflation has been attributed mainly to the...
More »The puzzle of inflation going up despite low demand in India -Himanshu
-Livemint.com The government’s inordinately large food stockpiles have resulted in an artificial market scarcity On 7 January, the ministry of statistics released India’s advance estimates of national income for 2019-20, pegging the economy’s growth rate this financial year at 5%. Based on data available for the first two quarters, this seems an overestimate. Most indicators suggest that actual growth may be lower than 5%. This is bad news, especially since there is...
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