-The Hindu The economic situation warrants enhanced government expenditure; the policy challenge is to minimise the growth fall India’s growth in the first quarter of 2020-21 at (-) 23.9% showed one of the highest contractions globally. Global growth prospects for 2020 have been projected by a number of multilateral institutions and rating agencies including that for India. The 2020-21 real GDP growth for India is forecast in the range of (-) 5.8%...
More »SEARCH RESULT
Total Matching Records found : 702
Retail inflation for farm workers, rural labourers eases marginally in Aug
-PTI/ The Hindu Business Line Retail inflation for farm workers and rural labourers cooled down to 6.32 per cent and 6.28 per cent, respectively, in August compared to the year ago period mainly due to the softening of prices of some food items. Point-to-point rate of inflation based on the CPI-AL (Consumer Price Index-Agricultural Labourers) and CPI-RL (Consumer Price Index-Rural Labourers) was 6.39 per cent and 6.23 per cent respectively in August...
More »Retail inflation: Why your grocery bill could remain high -Surabhi
-The Hindu Business Line Onion prices may be cooling, but food inflation likely to remain high; core inflation a worry Consumers staring at rising prices are unlikely to have much reprieve. Analysts believe that retail inflation may be peaking now but caution that prices will remain high in coming months. So while onion prices have come down, your monthly grocery bill could still be on the higher side for the first half of...
More »Agriculture as solution -Harish Damodaran
-The Indian Express Turnaround in farm prices is the only good news in today’s overall dismal economic environment. The Narendra Modi government’s first term (June 2014 to May 2019) was marked by benign consumer food price inflation. At a mere 3.3% year-on-year, it averaged below even the 4.3% for overall retail inflation. Politically, the ruling party benefited, given that there are far more consumers of milk in India than dairy farmers. The...
More »Civil society presses for an increase in budgetary allocation for MGNREGA in FY 2020-21
-Press release by NREGA Sangharsh Morcha dated 27 January, 2020 As the Indian economy continues to languish, the government ignores the advice given by several noted economists, including that of the most recent Nobel winner Abhijit Banerjee, to improve the functioning of the National Rural Employment Guarantee Act (NREGA). The economy is facing blow after blow. India has the highest rates of unemployment in the past 45 years and food inflation...
More »
