-The Economic Times The enigma around the GDP growth numbers has compounded, as it understated the impact of demonetisation. Eliminating the dissonance created by large revisions, nominal GDP growth in December quarter may have been impacted by 240 bp and 320 bp on a year-on-year and sequential basis, respectively. The 7 per cent real GDP growth print for Q3FY17 released by the CSO on Tuesday gives an impression that the demonetisation shock...
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In a village in Uttar Pradesh, food is always on the minds of its residents -Supriya Sharma
-Scroll.in Botched-up beneficiary lists have denied the needy the government rations to which they are legally entitled. Even though few in eastern Uttar Pradesh’s Baksha village have ever seen the internet, every man, woman and child there knows the word online. Online for them means standing in a queue outside a computer shop with a bundle of documents that the shopkeeper consults as he types away into the computer. At the end...
More »The politics of demonetisation -Zoya Hasan
-The Hindu As Parliament prepares to convene again after a winter session washed out due to the Opposition’s protest on demonetisation, it is worth asking why political mobilisation against the exercise is proving to be so difficult Demonetisation has been the most hotly debated topic since November 8, when Prime Minister Narendra Modi announced that the high-denomination notes then in circulation would cease to be legal tender. In a single stroke, nearly...
More »From plate to plough: Growth amidst gloom -Ashok Gulati
-The Indian Express Agriculture GDP bucks the trend of decline in other sectors. But can the government help the farmers sustain this growth? The first advanced estimates of GDP growth for the financial year 2016-2017 (FY17) show a marginal decline from 7.6 per cent last year to 7.1 per cent this year. Of the various sectors, gross value added at basic prices (2011-12), mining and quarrying is down from 7.4 per cent...
More »SC poser to states on thousands of hectares
-The Telegraph New Delhi: The Supreme Court today issued notices to the Centre and seven states, including Bengal, on a plea for return of 45,782 hectares of agricultural land acquired from farmers in the name of creating special economic zones (SEZs) but allegedly diverted by the promoters for other purposes. The petition filed through the SEZ Farmers' Protection Welfare Association of Andhra Pradesh seeks the return of unused land to the farmers...
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