-PTI/ Business Standard V Anantha Nageswaran also ruled out recession hitting India, given its macroeconomic fundamentals Chief Economic Adviser V Anantha Nageswaran on Tuesday ruled out the risk of stagflation for India, saying the economy is better placed than other nations. Stagflation is the phase when an economy faces moderation in GDP growth as well as high inflation. "Compared to the experience of many developed and developing countries, India is somewhat better placed and...
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What’s falling: Poverty or quality of analysis? -Santosh Mehrotra
-Deccan Herald Dodgy data Surjit Bhalla, India’s Executive Director (IMF), Arvind Virmani, former Chief Economic Advisor under UPA, and K Bhasin, in an IMF Working Paper, state that to estimate poverty, when no survey has been undertaken, is to take the most recent survey (2011-12) data and update individual consumption (or personal) income by the corresponding growth rate observed in the national accounts (NAS). However, there are problems with estimating poverty based on...
More »Project report 'Public Spending on Agriculture in India: 2010-11 to 2019-20' by Foundation for Agrarian Studies
-Foundation for Agrarian Studies The project report titled “Public Spending on Agriculture in India: 2010-11 to 2019-20,” has been released in April, 2022. The report has been prepared by the Foundation for Agrarian Studies with the support of Rosa Luxembourg Stiftung, New Delhi. In 2021, the Foundation for Agrarian Studies conducted a research project to analyse the trends in public spending on agriculture in India for the most recent decade (2010-11 to...
More »India poised to grow at 6.4%, still fastest-growing major economy: UN report
-PTI/ The Telegraph 'In the backdrop of Ukraine war, global inflation projected to increase to 6.7% in 2022 with sharp rises in food and energy prices' As the Ukraine conflict impacts the global GDP, India is projected to grow by 6.4 per cent in 2022, slower than the last year's 8.8 per cent but still the fastest-growing major economy, with higher inflationary pressures and uneven recovery of the labour market curbing private...
More »Food production to dip, hunger to rise in India due to climate change, says report
-The Hindu International Food Policy Research Institute projects scenario for 2030 India’s food production could drop 16% and the number of those at risk for hunger could increase 23% by 2030 due to climate change, says a report by the International Food Policy Research Institute (IFPRI) on climate change and food systems. These projections are part of a model that was used to evaluate the impact of climate change on aggregate food production,...
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