-The Hindu ‘Today’s 4.5% is impressive as size of the economy now is five times of 1980 levels’ New Delhi: India may have to revise downwards what is considered its “potential” rate of Growth from 7-8% to bring expectations more in line with reality, former Chief Economic Adviser (CEA) Arvind Subramanian has argued in a paper. This paper comes as a follow-up to the one Mr. Subramanian published last month, in which he...
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Centre, Assam move SC for sample re-verification of NRC -Krishnadas Rajagopal
-The Hindu Seek 20% recount in border districts, extension of July 31 deadline for final list New Delhi: The Centre and the State of Assam on Tuesday made an urgent mention before the Chief Justice of India for an extension of the deadline for the final publication of the National Register of Citizens (NRC) from July 31, 2019, to a “future date”. In identical but separate applications, they urged the Supreme Court for...
More »Make no mistake: Agriculture alone has the potential to reboot the economy -Devinder Sharma
-National Herald Agriculture, food and trade policy expert Devinder Sharma writes: “My understanding is that only agriculture can reboot the economy, sustain millions of livelihoods, and reduce global warming.” At a time when Nobel laureate Joseph Stiglitz says that neo-liberalism is ‘dead and buried’, and the world as a result is increasingly grappling with the gigantic problems of rising unemployment, gnawing inequality and climatic change reaching a tripping point, agriculture alone has...
More »Retail inflation inches up in June even as industrial Growth slows down in May
-The Hindu Business Line A surge in the prices of meat, fish and pulses pushed the rate of retail inflation a tad higher to nearly 3.2 per cent in June. Meanwhile, industrial production still seems to be in the slow lane, with 3 per cent Growth in May. Rate cut possibility These two indicators will play a key role in the monetary policy review to be undertaken by the Monetary Policy Committee (MPC)...
More »Jobless Growth becomes more systemic -KP Kannan & G Raveendran
-The Hindu Earlier confined largely to the organised sector, it has now spread to other areas, as revealed by the latest survey results The findings of the latest employment survey, called the Periodic Labour Force Survey (2017-18), are a cause for concern as the scenario is still far from anything that would denote decent employment. The two biggest issues here are: the shrinking share of the labour force; and the rising unemployment. The...
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