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Raghuram Rajan issues warning alert for Modi govt on economy

-BusinessToday.in According to former RBI Governor Raghuram Rajan, the slowdown in the economy "very worrisome", and he called for pressing reforms to boost the economy and energise the private sector to invest as well as a fresh look at the way GDP is being calculated Former RBI Governor Raghuram Rajan has said the economic slowdown in India is "very worrisome" and has called for a fresh look at the way GDP is...

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What can help in controlling population in India--society or law? -Neetu Chandra Sharma

-Livemint.com * The population explosion has major impacts on the country ranging from health, social, environmental and economic * Gender preferences are also contributing to the population explosion in India New Delhi: Pointing out population growth as a major concern in India, Prime Minister Narendra Modi in his Independence Day speech called for a deeper thought towards the issue. Apparently, the mention was an indication that the government is devising a policy or...

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India's economy is in such deep slump that lowering interest rates alone won't fix it -Rahul Menon

-Scroll.in/ qz.com There are parallels between India’s economic situation today and the US experience of 2008. The Indian economy is facing one of its most challenging times in years, and policymakers are responding to the crisis through monetary measures, such as tweaking key interest rates. But how far can this go in reviving growth? On August 7, the Reserve Bank of India, in its bi-monthly monetary policy meeting, lowered its growth projection for...

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Good monsoon, govt support could revive rural demand -Ratna Bhushan & Sagar Malviya

-The Economic Times   Forecast of a normal monsoon and extension of PM Kisan scheme likely to boost rural income, say cos.   NEW DELHI| MUMBAI: Rural demand for groceries and daily essentials, which showed signs of slowing in the past three quarters, could revive after New Delhi extended the assured income support (PMKisan) scheme for farmers. Expectations that rains would be normal this monsoon season should also lift buying power in the...

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Government's key agenda must be to accelerate growth -C Rangarajan

-The Hindu Only a fast-growing economy can generate surpluses needed to create jobs and sustain social safety nets Now that the general election is over, the time has come to pay serious attention to the economy. The national income numbers continue to be controversial. No serious policy decision can be taken with ambiguous numbers. Nevertheless, even with the new official numbers it is clear that growth is slowing down. As in the...

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