-The Indian Express The contraction seen in first-quarter GDP data is severe, but not unexpected. What should be done — or not done – at the level of govt policy so that the economy gets a chance to rebound as quickly as possible? * How should one read the first-quarter GDP data and the contraction by 23.9%? What signal does it offer for the future? And does it give any idea of...
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APMCs losing trade share post reforms; crop arrivals fall as traders, farmers kick middlemen out -Nanda Kasabe and Deepa Jainani
-Financial Express Signs of a weakening of the Agriculture Produce Marketing Committee (APMC) networks are now evident across major farm production centres in the country, heralding an era of unfettered market access and bolstered bargaining strength for farmers. On June 5, the Centre promulgated three Ordinances reforming the country’s agriculture marketing, and their impact on the trade has been rather sudden and material: During the June 6-August 31 period, mandi arrivals of...
More »Sangh seeks ban on book Modi released -KM Rakesh
-The Telegraph The work eulogises a prominent leader of the 1921 Malabar Rebellion, Variyamkunnath Haji, who the Right wing describes as 'anti-Hindu' Social media forwards of excerpts from a central government-published book eulogising a rebel against British rule who the Right wing describes as “anti-Hindu” has caused embarrassment to the Sangh parivar, more so because the compilation had been released by Prime Minister Narendra Modi. Dictionary of Martyrs of India’s Freedom Struggle (1857-1947),...
More »Cong glare on crores in job test fee - Sanjay K Jha
-The Telegraph The party accused the govt of either not conducting any tests or not handing out appointment letters in years The Congress has accused the government of collecting hundreds of crores as employment examination fees although it has either not conducted any tests or not handed out appointment letters in years. The Congress on Friday reminded the government that millions of families have been subjected to extreme MISeries because of the massive...
More »India’s GDP growth contracts 23.9%: What is the economics behind the math? -Udit MISra and Nushaiba Iqbal
-The Indian Express India GDP Q1 Data: Demand from individual citizens and private businesses plummeted in Q1, increase in government’s demand made up for just 6% of this fall Although most people expected India’s GDP to show substantial contraction when the Ministry of Statistics and Programme Implementation (MoSPI) released the data for the first quarter (April, May, June) of the current financial year on Monday, the broad consensus was that the decline...
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