-Newsclick.in The estimated growth rate for the second quarter has been declared as 6.3%, but this is nothing that an average Indian should celebrate. The quick estimated growth rate of GDP for the second quarter (Q2) of 2017-18, has been declared as 6.3%, compared to 5.7% of the previous quarter (Q1). This is seen by many, including Mr Jaitley, as a sign that India’s economic growth is back on track. According to...
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Turning the corner -Ajit Ranade
-The Hindu The next few quarters call for focus on consumption, private investment, agriculture and exports There was a collective sigh of relief when the second quarter GDP data were released officially by the Central Statistics Office (CSO). The government folks were relieved that a declining trend of four consecutive quarters of growth had finally been reversed. The forecasters and economists were relieved that the announced data had mostly conformed to their expectations....
More »A wilful negligence -Colin Gonsalves
-The Indian Express Governments have not acted on recommendations of committees on farmer welfare How many more farmers must die before the prime minister condescends to take notice? How many rats must the protesting Tamil Nadu farmers at Jantar Mantar eat before the government acts? How many more fake farm loan waiver schemes will be announced before the cabinet realises that farmers cannot be fooled anymore? Despite 300,000 farmers taking their lives...
More »Why Delhi Turns Into a Gas Chamber and How it Affects Much More Than Our Health -Krishna AchutaRao
-Firstpost.com Delhiites are cursed by geography to be prone to a meteorological phenomenon called inversion where warm air rests above the colder air closer to the ground, preventing it from mixing upwards thereby trapping all that we put into it – almost like a lid Delhi’s pollution episodes at this time of the year have become an annual affair - the latest one has the Chief Minister comparing Delhi to a gas...
More »From 'Job-less' to 'Job-loss' Economy: What is PM Modi Doing -Savera
-Newsclick.in The falling work participation rate shows that the economy is in deep crisis. Various other economic indicators show this as well. In a stark and chilling confirmation of what the whole country has known for some time, a govt. report shows that Indian workforce (those actually working) declined from about 54% of the working age population in 2011-12 to 51% in 2015-16. While the working age population increased by 2.9% per...
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