-Newsclick.in The Centre had promised to release funds in a week’s time about two weeks back. At a time when the crisis-ridden economy has pushed millions against the wall, with many not being able to make ends meet, the Employment guarantee scheme (Mahatma Gandhi National Rural Employment Guarantee Act, 2005) is adding to the distress of the poor—instead mitigating it. In Rajasthan, funds that are yet to be released for the payment of...
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Key steps to kick-starting the economy -C Rangarajan
-The Hindu Getting financial institutions to a healthy state when they can begin to lend confidently is most crucial for faster growth We bid goodbye to 2019 with a sigh of relief. Anything that could go wrong went wrong during this year. Growth rate plummeted. From the level of 8.1% in the fourth quarter of 2017-18, quarterly GDP growth fell to 4.5% in the second quarter of 2019-20, a fall of 3.6...
More »India may have lost Rs 2.8 lakh crore due to economic slowdown -Sunitha Natti
-The New Indian Express According to the Organisation for OECD, India’s potential gross domestic product is pegged at seven per cent, while other forecasts show growth barely humming at five per cent. HYDERABAD: What is India’s lost economic activity due to the ongoing slowdown? It is difficult to determine, but according to one estimate, it could be as much as Rs 2.8 lakh crore. Often, economic growth or decline is measured in percentages,...
More »Falling employment, low wages and food inflation -- the rural economy is in pain -Siraj Hussain
-Moneycontrol.com With priorities of the government changing, the agriculture sector is unlikely to see any major initiatives and reforms Inflation based on Consumer Price Index (CPI) for November is further proof that agriculture produces only marginal surpluses. Only last year, observers were worried that the planners were not engaged enough to see that India is now surplus with most agricultural commodities. Please click here to read more. ...
More »Reality check: Before PM Modi's distancing from pan-India NRC, there was Amit Shah's underlining -Liz Mathew
-The Indian Express In the run-up to the Lok Sabha elections, Shah had raised the pitch in West Bengal, where the BJP sought to use the “illegal immigrant” issue as a major poll plank to consolidate the Hindu votes against the Mamata Banerjee-led TMC government in the state. While Prime Minister Narendra Modi said on Sunday that there has been no discussion on a National Register of Citizens (NRC) since the time...
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