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In variance with the official growth story -R Nagaraj

-The Hindu Surveys, including the recently leaked one on consumer expenditure, point to the economy’s dire state How fast has India grown lately? And, what are the yardsticks on which the country’s performance is being measured? These have remained contentious questions. Following the last decade’s boom, the economy was slowing after 2011-2012, but apparently turned around under the National Democratic Alliance (NDA) regime. Until very recently, the government claimed the economic success...

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All the major announcements made by Nirmala Sitharaman to boost economic growth

-The Hindu Nirmala Sitharaman said that India’s GDP continues to grow at a faster pace than the global economy and any other major economy. Union Finance Minister Nirmala Sitharaman announced a slew of measures on August 23 to prop up the slowing economy. Addressing a press conference, Ms. Sitharaman sought to dispel doubts over the economy and the government’s growth agenda. Announcing that the global GDP growth may be revised downwards from the...

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Body blows to Indian education -Debaditya Bhattacharya

-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...

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A reality check indicates that MSP set for 2019-20's kharif crops is not 1.5 times the 'C2' cost of production

  A recent press release by the Cabinet Committee on Economic Affairs (CCEA) shows that the declared minimum support price (MSP) for most kharif crops to be marketed in 2019-20 is at least 50 percent above the cost of production. The official information related to the newly declared MSP, which came two days ahead of the Union Budget presentation, gives the impression that the newly re-elected NDA government has kept its promise...

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Underfunding, misleading claims: The story of MGNREGA in New India -Debmalya Nandy

-Down to Earth Govt has made tall claims on NREGA implementation; but it is neither keen on providing dignified wages nor allocating adequate funds for the scheme The Union Budget for 2019-20 ignored issues of social security and employment and did not show any intent to boost rural India. The Budget tabled by Nirmala Sitharaman on July 5, 2019 was a disappointment for 13 crore rural households dependent on the Mahatma Gandhi...

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