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Serious questions confront policymakers. Yet data are not reliable enough for them to be answered -Arvind Subramanian & Josh Felman

-The Indian Express Running an economy, especially one that is in a predicament such as India’s today, is infinitely more complicated and the data demands are hence commensurately greater. A Data Big Bang effort along the lines proposed here would make that difficult task less challenging. As the government responds to the challenges posed by the Economic slowdown, there’s an ignored area of reform, where simple measures could have potentially big payoffs....

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Economic slump: India's rickety bridge over troubled waters -Dev Kar

-TheWire.in Sustaining growth amidst a global Economic slowdown would require tackling corruption. Raghuram Rajan, the-then outgoing Governor of the Reserve Bank of India, in an exit interview he granted to Karan Thapar (‘To The Point’, YouTube, September 2, 2016), took satisfaction from the fact that India was “on a more sustainable growth path”. The remark turned out to be premature. Less than two years later, starting the first quarter of FY 18/19, ominous...

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Rathin Roy, Director of the National Institute of Public Finance and Policy, interviewed by Puja Mehra (The Hindu)

-The Hindu The slowdown is an outcome of supply-side constraints, says the economist The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister’s Economic Advisory Council, discusses the causes of the economy’s troubles and suggests possible remedies. Edited excerpts: * The Finance Minister says the economy is...

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Rathin Roy, Director of the National Institute of Public Finance and Policy, interviewed by Puja Mehra (The Hindu)

-The Hindu The slowdown is an outcome of supply-side constraints, says the economist The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister’s Economic Advisory Council, discusses the causes of the economy’s troubles and suggests possible remedies. Edited excerpts: * The Finance Minister says the economy is...

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Economic growth slowest in 26 quarters -R Suryamurthy

-The Telegraph An over six-year low of 4.5 per cent The Narendra Modi government’s bluster on the state of the Indian economy was bottled on Friday after the National Statistical Office (NSO) came out with data that showed growth in the second quarter had sunk to an over six-year low of 4.5 per cent — the slowest expansion in 26 quarters. The sharp slowdown was triggered by a contraction in the manufacturing sector...

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