-Hindustan Times India’s gross domestic product (GDP) grew 4.5% in the second quarter of the current financial year, the lowest since March 2013. Union Budget 2020-21 is expected to focus on the transformation of rural India with a nearly 15% jump in fund allocation to boost the village economy and raise incomes, particularly of small and marginal farmers, three people aware of the development said on Tuesday. “Transformation of the rural economy is...

-The Hindu The AAP will hope that the Assembly polls are a referendum on its government’s work Delhi, the Union Territory (UT) that hosts India’s capital city, might lag behind several States in total population and in area, but it enjoys outsize significance in terms of media and political attention. With 1.47 crore electors spread across the largely metropolitan national capital region and its pockets of rural voters in some suburbs, Delhi...

-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...

-The Telegraph Nirmala Sitharaman’s budget spells out the colossal failure that the draft NEP is fated to be In her budget speech on July 5, the finance minister, Nirmala Sitharaman, reiterated the government’s plan of bringing in a new National Education Policy, thereby initiating “major changes in both school and higher education”. Her announcement comes close on the heels of a draft NEP published by the ministry of human resource development in...

-The Hindu The Economic Survey presents an unbalanced view of the technical interventions in MGNREGA A chapter in the recent Economic Survey on the “transformational” impact of Aadhaar on the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) merits scrutiny. It presents a skewed and unbalanced view of the programme’s technical interventions instead of taking a comprehensive view of the implementation. The Survey draws heavily from the Indian School of Business’s working...