-RuralIndiaOnline.org The government’s ‘package’ responding to the crisis is a blend of callousness and cluelessness With his first speech on the coronavirus, Prime Minister Narendra Modi got us to scare evil spirits away by having people bang the hell out of their pots and pans. With his second, he scared the hell out of all of us. With not a word on how the public, particularly the poor, are to access food and other...
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NSO will not release report showing first decline in consumer expenditure in 40 years -Somesh Jha
-TheWire.in Consumer spending surveys help set the base year for key macroeconomic data, including gross domestic product. New Delhi: More than a month after National Statistical Commission (NSC) chairman Bimal Kumar Roy said the official survey report showing a dip in consumer spending for the first time in over four decades would be made public, the autonomous data body decided against releasing the report. When asked why the NSC departed from its earlier...
More »Explained: What ails the credibility of India's Budget numbers -Udit Misra
-The Indian Express Advancing the Union Budget by a month has not helped fiscal marksmanship In the first part of this series on the Union Budget, we explained how the nominal Gross Domestic Product (which is the market value of all goods and services produced within the domestic boundaries of India) is the key number that determines the shape and form of the Union Budget. In short, the nominal GDP for the current...
More »Climate refugees stripped of citizenship in Assam -Chandrani Sinha
-TheThirdPole.net Of the many people struggling to prove their citizenship in the Indian state of Assam are thousands of climate refugees who have been displaced because their lands have been swept away by erosion or floods In Bhuragaon, a small village that lies 103 kilometres east of Guwahati, the capital of Assam in north-eastern India, Sabita Biswas worries about her grandchildren. The 70-year-old has submitted land ownership documents under her husband and...
More »Why the rice trade wants India in the RCEP -Vishwanath Kulkarni
-The Hindu Business Line Trade sources feel this will give them access to the 10-million-tonne ASEAN market Bengaluru: At a time when domestic producers of commodities such as dairy and plantation products including coffee, tea, rubber, pepper and arecanut, among others, are wary of the proposed RCEP (Regional Comprehensive Economic Partnership) deal, the Indian rice trade is keen that the cereal is included as part of the agreement as it could help...
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