-PTI/ The Hindu Wholesale price index (WPI) based inflation softened to 2.26% in February on the back of cheaper food items and vegetables, the government data showed on Monday. In January, the WPI inflation stood at 3.1% and in the year-ago same period it was at 2.93%, as per the data from the commerce and industry ministry. Please click here to read more. ...
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Problematic revisions: We need fewer, quicker economic growth estimates -AK Bhattacharya
-Business Standard The CSO releases as many as 6 estimates of India's annual economic output growth; believe it or not, these estimates for the same year's economic output are released over a period of three years! When the Central Statistics Office (CSO) declared India’s gross domestic product (GDP) growth figure for 2016-17 on January 6, 2017, economic policy makers in the Narendra Modi government were disappointed. The GDP growth figure was only...
More »Water-stressed in India: Madhya Pradesh’s Rajgarh paints a dismal picture -Jitendra
-Down to Earth No funds released under Jal Shakti Abhiyan, MGNREGS works incomplete: District officials Over 400 kilometres from Uttar Pradesh’s Mahoba district — where construction of bunds under Jal Shakti Abhiyan helped revive groundwater — is another that paints an opposite picture. Madhya Pradesh’s Rajgarh district ranked 205 among the 255 water-stressed districts in terms of successful water intervention schemes under Jal Shakti Abhiyan (JSA) and community participation. Rajgarh district collector Mrinal Meena...
More »India adrift, optimism hard to sustain -Jean Drèze and Amartya Sen
-The Telegraph Prospects of the future damaged by failing development policy to collapsing democracy The recent estimate of GDP growth for the third quarter of 2019-20, at around 4.7 per cent, has prompted a predictable sense of gloom. However, even the 4.7 per cent estimate is deceptive, since in per-capita terms, the corresponding figure would be just above 3 per cent. This, sadly, is no more than half the growth rate of...
More »Coronavirus: 54% of Indian firms can’t support work from home, says report
-Hindustan Times A report by Gartner, a leading IT service management company, says that 54 per cent of the companies in India do not have enough technology and resources for employees to work to home. While companies across the world mull over having their employees log in from home in the wake of the coronavirus scare, a report suggests that for many companies in India, this might just be a distant dream. Please...
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