-Livemint.com The government’s prognosis overlooks the rural stress that is at the heart of the economy’s troubles Last week saw a flurry of activity from the government aimed at reviving the economy. So far, it was in denial, but it has now woken up to the economic crisis that is spreading like wildfire. The vice-chairperson of NITI Aayog termed the crisis the worst since independence. Several members of the economic advisory council...
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Manmohan Singh hits out at Modi govt, calls slowdown 'man-made crisis'
-IANS * Manmohan Singh said India has the potential to grow at a much faster rate, but the all-round mismanagement by the Modi govt has resulted in this slowdown * The former PM said over 3.5 lakh jobs had been lost in the automobile sector alone, he claimed similar large-scale job losses in the informal sector New Delhi: Days after the finance ministry reported contraction in the GDP growth, former prime minister Manmohan...
More »Shock slowdown -R Suryamurthy
-The Telegraph New Delhi: The Indian economy grew at its slowest pace in more than six years at 5 per cent in the first quarter of 2019-20, deepening worries about subdued factory output and resultant job losses. It also fanned concerns about the Narendra Modi government’s ability to crank up demand amid clear indications that urban consumption had also started to slacken after rural demand went into a deep rut several quarters...
More »Manmohan Singh assails govt on slowdown: How the former PM has emerged as a strong Modi critic
-The Indian Express From economic issues to demonetisation or agrarian distress, Manmohan Singh has now become one of the strongest voices of the Opposition against Prime Minister Narendra Modi. New Delhi: Former Prime Minister Manmohan Singh has rarely made public interventions in the last few years since the BJP came to power but whenever he has spoken, it has weighed heavily for the saffron party to ignore or paper over. From...
More »Pear, apple harvest rotting in Kashmir, say Panchayat members from Valley
-PTI Their pear and apple harvest rotting, ration and cash running out — people in several parts of Kashmir are facing financial hardships due to the ongoing shutdown in major parts of the Valley, say three panchayat members from the region. Hailing from Anantnag district of south Kashmir, Talib Hussain, along with fellow panchayat member Iqbal Ahmed and Mumtaz Ahmed Khan, said they were in the national capital to let the...
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