-TheWire.in With low levels of farmers' income and a lack of assured price mechanism, what impact will the three farm bills have in the long term on India's agrarian economy. Here's an analysis. Last week, the Union government passed three bills to replace the three ordinances that were enacted during the COVID-19 lockdown. These three bills, expected to bring revolutionary changes to agrarian context and help double farmers’ incomes are: The Farmers’...
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Over 80% rise in heat wave days in 2019, Rajasthan worst-hit -Aanchal Magazine
-The Indian Express The data shows that acute respiratory infection led to 3,740 deaths in 2018 -- the highest in six years (according to these Provisional Estimates). The highest number of deaths due to acute respiratory infection were reported in West Bengal (732), followed by Uttar Pradesh (699), Andhra Pradesh (587), Delhi (492). After declining for two years, the average number of heat wave days increased 82.6 per cent year-on-year to 157...
More »GDP Growth Rate Slump: Another Blow to Modi Govt's Economic Growth Story -AK Bhattacharya
-TheWire.in/ Business Standard The rate of growth for India’s GDP has just about halved in just three years. New Delhi: The Narendra Modi government’s economic growth story has suffered yet another huge knock. Along with that has come the official admission that the government’s fiscal deficit last year was as large as 4.6% of gross domestic product (GDP), much wider than the 3.8%provided in the Budget presented in February earlier this year. On...
More »Recently presented Union Budget does not provide updated data on important heads for FY 2018-19
During budget presentations, budget documents, which are provided, carry updated data and information related to various departments and ministries of the Central Government such as on revenues, expenditures, deficits etc. Recently economists like Dr. Rathin Roy and Prof. Jayati Ghosh have expressed concerns about the Ministry of Finance for not uploading updated and appropriate budgetary data and figures on the website www.indiabudget.gov.in following the 2019-20 Union Budget presentation by the...
More »The Mystery Of The 'Missing' Rs. 1.7 Lakh Crore In India's Budget -Sreenivasan Jain
-NDTV Three days after the Union Budget was presented, questions have surfaced over a nearly Rs. 2 lakh crore 'fiscal hole' in India's financial accounts. The anomaly was first picked up by Rathin Roy, a member of the Prime Minister's Economic Advisory Council. Writing in the Business Standard, he studied both the Economic Survey and the Budget and found that the revenue estimates for 2018-19, in other words how much the government...
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