-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
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Kashmir clampdown is driving up apple prices, you could soon be paying Rs 200-250/kg -Samyak Pandey
-ThePrint.in Apples from Kashmir start coming to Delhi in the last week of August, but the communication & transport restrictions have skewed the supply this year. New Delhi: Apple prices are likely to double in Delhi’s retail market in a month’s time because of the severe disruption in the supply chain from Kashmir, traders at Delhi’s Azadpur Mandi, Asia’s largest wholesale market for vegetables and fruits, told ThePrint. Apples from Kashmir start coming...
More »Solution to economy's woes: Boost incomes of those who will spend it best -Harish Damodaran
-Financial Express Two measures can do much to bring back price sentiment and liquidity in agricultural markets, just when farmers are set to harvest a bumper crop. The current economic slowdown began with Bharat. It has to also end with Bharat. According to the National Statistical Office’s GDP estimates for April-June 2019 released on Friday, India’s agriculture sector — which includes forestry and fishing — grew 2.04% year-on-year during the quarter....
More »Centre Rejects Kerala's Demand for Free Rice for Flood Victims
-TheWire.in Instead, the Centre is willing to supply rice at the minimum support price of Rs 26 per kg. New Delhi: The Central government has rejected the Kerala government’s request for a supply of free rice for the victims of floods and heavy rainfall, according to a report in Mathrubhumi. The report also stated that the Centre refused to consider the request to provide rice at Rs 3 per kg under the National...
More »Hardly the brick and mortar of a revival -Jayati Ghosh
-The Hindu The transfer of the RBI’s surplus is only a stopgap measure which will not address the key problem of a lack of demand There is no longer any room for doubt on the parlous state of the Indian economy. The automobile industry, seen as a bellwether of activity in the post-liberalisation years, is in crisis, as automakers, parts manufacturers and dealers have laid off about 350,000 workers since April this...
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