-Newsclick.in The estimated growth rate for the second quarter has been declared as 6.3%, but this is nothing that an average Indian should celebrate. The quick estimated growth rate of GDP for the second quarter (Q2) of 2017-18, has been declared as 6.3%, compared to 5.7% of the previous quarter (Q1). This is seen by many, including Mr Jaitley, as a sign that India’s economic growth is back on track. According to...
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Vidarbha farmers in debt trap: Here is how to save them -Vivian Fernandes
-The Financial Express How can the cotton and soybean farmers of Vidarbha and Marathwada supplement their incomes so they can get out of the trap of debt and self-engineered death? That was the theme of Union minister Nitin Gadkari’s ninth edition, four-day agricultural exhibition at Nagpur, called Agrovision, to which I was invited. A promising beginning has been made. In October last year, the National Dairy Development Board commenced operations. It...
More »Delhi Metro ridership falls by 3.2 lakh during fare-hike month
-The Times of India NEW DELHI: Delhi Metro witnessed a massive dip of more than three lakh in daily ridership in October this year as compared with the previous month. This is the steepest month-to-month fall in Metro ridership ever and appears to be linked to the fare hike in October. On October 10, the Delhi Metro Rail Corporation (DMRC) implemented the second phase of fare hike after the first round of...
More »The permanent debt trap of Gujarat -Rutam Vora
-The Hindu Business Line Farmers have been borrowing from banks to repay lenders and reversing the cycle Ahmedabad: In the Saurashtra region of Gujarat, a saying goes: “A farmer is always indebted. He is born in debt and dies with a debt. What matters is how he manages this debt in his life.” There is a skew in Gujarat’s water resource distribution. Saurashtra covers 31 per cent of the State’s landmass but gets...
More »Flagship Governance Programmes: Who Did it Better, UPA-II or Modi Government? -Ravi Nair
-TheWire A recent article claimed that the Modi government has significantly improved or tweaked the implementation of various schemes started by the UPA-II administration. But the numbers quoted need to be questioned. The Wire recently published an article titled ‘Modi May Have Repackaged 23 UPA Schemes But Most of them Are Working Better Now’. The authors’ main thesis is that even if the names of the government schemes have been changed or...
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