-The Hindu An immediate stimulus is needed to regain the momentum to get India back to 8% growth The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth of GDP, i.e. after removing the impact of inflation, was only 5.7%, much lower than expected. For the past six consecutive quarters, the growth rate has gone down steadily,...
More »SEARCH RESULT
Total Matching Records found : 699
Despite RERA, Centre and states not doing enough to protect home buyers -Manish
-Hindustan Times The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective The Real Estate (Regulation) Act, 2016, the flagship legislation to protect home buyers, has come into force, but its implementation on the ground continues to lag, with the central and state governments equally lax...
More »Small-scale fishermen form the backbone of India's fisheries sector, but policy is silent on them -John Kurien
-Scroll.in The National Policy on Marine Fisheries is tentative and fails to address the real problems of traditional fishing communities. Though India cannot call itself a nation of fish-eaters, it does have some of the world’s richest fishery resources and an Exclusive Economic Zone in the ocean the size of 60% of its land area. It ranks third in world fish production with a harvest of 6.3 million tonnes. This is...
More »Is the RTI law in danger of losing its might? -Poulomi Banerjee
-Hindustan Times The RTI Act of 2005 made the government more accountable. But a new set of proposed rules may weaken the law and make it difficult and risky for people to access information In 2015, activist Lokesh Batra filed a Right To Information (RTI) application with the Department of Personnel and Training (DoPT) seeking details about the appointment of the next Chief Information Commissioner (CIC). But the DoPT refused to...
More »Declining bank credit indicates poor economic performance
Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...
More »
