-IANS The former CEA says he does not think anyone disputes that demonetisation slowed growth. Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8% in the seven quarters after it against the 8% recorded prior to the note ban, says former Chief Economic Advisor Arvind Subramanian. Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra Modi, he says that he does not have a strongly-backed...
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A very material shift -Sajjan Kumar
-The Hindu Occupational identities are competing with caste and religious identities in Madhya Pradesh The political mood of the people in Madhya Pradesh is complex. To understand voting behaviour only through the prism of caste is an outdated method in this State. In fact, occupational identities resonate across caste and religion. Employing the categories of farmers, labourers, government employees, small businessmen, the urban service classes, and so on helps us understand voter...
More »GDP growth likely to decelerate to 7.5-7.6% in Q2: Report
-PTI The Central Statistics Office (CSO) will be releasing the estimates for GDP growth for July-September on Friday. NEW DELHI: The Gross Domestic Product (GDP) growth in the September quarter is expected to decelerate to 7.5-7.6 per cent over the previous three-month period mainly due to slowdown in rural demand, a State Bank of India (SBI) research report said Monday. The GDP growth at constant prices (2011-12) was 8.2 per cent in the...
More »When milk turns sour -Jitendra
-Down to Earth Farmers worldwide face existential threat as milk prices slump but dairy processing giants are making a windfall. Down To Earth travels to Germany, Kenya and several Indian states to take stock of the global crisis Call it the fallout of faulty farm policies of the rich or simply a demand-supply gap, dairy farmers across the world are crying for help as global milk prices slump. In India, the biggest...
More »Not MSP, income support will help farmers: Agri economist Ashok Gulati -TV Jayan
-The Hindu Business Line New Delhi: Providing income security to farmers and boosting investment in agriculture are the two things that are needed to help Indian farmers in distress, said noted agricultural economist Ashok Gulati on Monday. “While there can’t be two opinions about the farmers’ plight in our country, increasing minimum support price (MSP) cannot be the solution. We may have to bring in science and our understanding to solve their...
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