-The Telegraph New Delhi: The big red blotch on the Narendra Modi government's report card after three years in power is its dismal performance in job creation - and there are no indications that things will improve in the near future. Cold statistics from the government's labour bureau show that job growth plummeted in key sectors to its lowest levels in eight years in calendar years 2015 and 2016 at 1.55 lakh...
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Climate change impact on agriculture leads to 1.5 per cent loss in India's GDP -Subhojit Goswami
-Down to Earth By 2030, rice and wheat are likely to see about 6-10 per cent decrease in yields Rising temperature affects flowering and leads to pests and disease buildup. Flood and excess rain over a short duration of time cause extensive damage to crops. Extreme weather events have caught attention of agrarian experts and scientists alike and they are now focussing on natural farming to arrest the impacts of climate...
More »What the Data Tells Us About 'Sabka Saath, Sabka Vikas' -Anamitra Roychowdhury
-TheWire.in The Modi government has struggled to achieve success on crucial development fronts such as farmer incomes and job creation. Public memory in India is amnesic. Still, it is difficult to forget that Narendra Modi rode to power in 2014 on the plank of promoting development, aptly captured by ‘Sabka Saath Sabka Vikas’. This is not a novel idea in itself as others too have tried to win over voters adopting similar...
More »United Nations Lowers India's GDP Outlook For 2017
-PTI India is projected to achieve a 7.3 per cent growth in 2017, down from the 7.7 per cent predicted in January United Nations: The United Nations has revised downward India's economic growth forecast for 2017 but predicted an increased 7.9 per cent GDP growth next year as it cautioned that stressed balance sheets in the banking sectors will prevent strong investment rebound in the near term. The UN World Economic Situation...
More »New WPI series suggests higher core inflation rate in past 6 months: CRISIL
-Business Standard WPI inflation for April is at 3.9%, which is 144 (bps) lower than the March inflation rate The Ministry of Commerce and Industry unveiled the revised wholesale price index (WPI) on May 12, 2017 as per the 2011-12 base year. As per this release, WPI inflation for April is at 3.9%, which is 144 basis points (bps) lower than the March inflation rate. The decline is mainly due to a...
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