-The Economic Times There is a narrative that the UPA's rule at the Centre led to an economic disaster, especially in the second term. In contrast, Gujarat has prospered, thanks to Narendra Modi's good governance. We have several problems with this. First, through UPA's first term and about halfway into its second, many economic indicators critics like to harp on were much better than those during the NDA days. This is true...
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Growth in the Time of UPA: Myths and Reality -Maitreesh Ghatak, Parikshit Ghosh, and Ashok Kotwal
-Economic and Political Weekly This article challenges the prevailing view that the diminished electoral prospects of the United Progressive Alliance government is the result of neglecting growth to launch populist welfare schemes. It looks at a wide range of economic indicators to argue that compared to the National Democratic Alliance regime, the UPA period has been characterised by faster growth, higher savings and investment, growing foreign trade and capital infl ows,...
More »Retailers call BJP manifesto a poll gimmick-Nivedita Mookerji & Nayanima Basu
-The Business Standard FDI in multi-brand retailing could be reversed if the party forms govt; India Inc seeks review of manifesto The Bharatiya Janata Party manifesto decision to oppose foreign direct investment in supermarkets has made the sector more wary. The United Progressive Alliance' policy to allow 51 per cent FDI in multi-brand retail in September 2012 could be reversed if the BJP comes to power at the Centre. "The policy can be...
More »Delhi spends highest on public health-Akanksha Jain
-The Hindu This was informed to the High Court in a case of free treatment to a minor Delhi is the highest spender on public health in the country, the Delhi Government has claimed before the Delhi High Court. The assertion was been made by its Directorate of Health and Family Welfare during the hearing of a petition about free treatment to a minor. The government said it is spending four times on...
More »Who is really to blame for India’s growth slowdown and inflation?- Niranjan Rajadhyaksha
-Live Mint Data shows that Indian growth has moved in sync with what was happening in the rest of the world while Indian inflation has had a life of its own Mumbai: The war of words between P. Chidambaram and Yashwant Sinha on the way the Indian economy has been managed over the past decade is the sort of political grandstanding that is expected in the last stage of what has...
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