-The Indian Express October-December 2018 is also the second consecutive quarter where Growth in gross value added (GVA) from agriculture has been lower in nominal than in real terms. The country’s farm sector output may have grown by just 2.7 per cent year-on-year in October-December 2018, the lowest in 11 quarters. But what should worry the NDA government more than the low increase in “real” terms (i.e. at constant prices) is...
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Ensure a minimum income for all -Ram Singh
-The Hindu A basic income scheme will deliver benefits to the poor only if it comes on top of public services The idea of a universal basic income (UBI) is gaining ground globally. It has supporters among the political left and right, and among proponents as well as opponents of the free-market economy. A UBI requires the government to pay every citizen a fixed amount of money on a regular basis and...
More »Slowing Economy, Rising Joblessness -Subodh Varma
-Newsclick.in New GDP numbers show the deep agrarian crisis and an economy in doldrums, while unemployment continues to grow. Advance estimates of Gross Domestic Product (GDP) for the current year 2018-19, and estimates for the third quarter (Sept-Dec 2018) show unmistakeable signs of a slowing economy, despite the flawed method of calculating these estimates. The country’s economy will grow by 7% in the current year which will end this March. Last year...
More »GDP Growth slows again in third quarter
-The Hindu Govt. cuts FY19 Growth estimate to 7%; Q3 Growth estimated at six-quarter low; agriculture, manufacturing contribute to slowdown GDP Growth slowed for the third consecutive quarter in the October-December 2018 period, according to data released on Thursday. Growth fell to 6.6% in the third quarter, the lowest in the last six quarters. The slowdown was led by agriculture, which is estimated to grow at 2.7%, against the earlier estimate of 3.8%. Data...
More »Need to create jobs, here and now -Devender Singh
-The Hindu Business Line Demographic trends tell us that the working age population will continue to rise till 2040 Jobs, employment and unemployment are some of the words which have dominated the public and political debates in India in recent years. In the just concluded State elections also this issue was in prominence. For a study on ‘Demographic Dividend in India’, United Nations Population Fund (UNFPA) carried out population projections up to...
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