-Livemint.com In economic terms, it’s around a dozen years ahead of us, but the gap is much larger when social indicators are considered The spectacular rise of China over the past few decades has no parallel in human history. The People’s Republic of China was established 70 years ago this month under conditions of economic misery. It is today the main geopolitical challenger to the US. As a result of its profound...
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No disguising the economic slowdown now. Take a look -Maitressh Ghatak
-NDTV Only last spring, as the country was gearing up for elections, we were hearing about a growth rate of 7 per cent, the highest in the world. Various new statistics were trotted out to suggest that the growth rate since 2014 had been higher than that under the previous regime. Those of us who looked at other Economic Indicators such as the unemployment rate and growth in tax revenue sensed...
More »Why rural India can't afford to buy biscuits -Roshan Kishore
-Hindustan Times Unfortunately, there is no high frequency income or consumption data for the Indian economy. What we do have is monthly data for rural wages, which is available until June 2019. On Wednesday, media reports said that India’s leading biscuit-maker Parle Products Private Limited could cut up to 10,000 jobs as “slowing economic growth and falling demand in the rural heartland could cause production cuts”. The company’s flagship brand Parle-G...
More »Is the current slowdown cyclical or structural? -Deepti Mathew
-IANS While there is a consensus that the economy is slowing down, the debate is still going on whether the slowdown is structural or cyclical. The Indian economy is passing through a phase of economic slowdown, with the GDP growth registering one of the lowest rates of 5.8 per cent in the last quarter of FY19. The GDP growth rate for the first quarter of FY20 is feared to be lower than...
More »13 States, UTs improve their water management practices -Jacob Koshy
-The Hindu Gujarat tops rankings for second time New Delhi: Thirteen of the 27 States and Union Territories have improved their water management practices from last year, an analysis by the NITI Aayog has revealed. Gujarat, though it dropped a point, topped the rankings for the second year in a row with a score of 75 out of a maximum possible 100. Six States did worse than last year — with Delhi, which was...
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