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How rural inflation is playing out -Keerthi Sanagasetti

-The Hindu Business Line Low food inflation and high services inflation in rural India is doing more bad than good for the rural population CPI Inflation in August came in at benign 3.21 per cent, although it recorded a marginal uptick from July. A deeper look at the numbers brings out the widening disparity between the urban and rural inflation. rural inflation in August was almost half of urban retail inflation. With...

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Rate cut alone can't arrest slump, boost rural demand: SBI report

-PTI Economists at State Bank Research also warned that any attempt to trim government spending to maintain the fiscal numbers will be severely detrimental to growth. Lose-monetary policy alone cannot arrest the deepening slump, instead government must take demand-boosting measures, especially in rural areas, by frontloading expenditure primarily through the national rural employment scheme, says a report. Economists at State Bank Research Monday also warned that any attempt to trim government spending to...

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Not a single Uttar Pradesh farmer has got PM-Kisan 3rd tranche, Finance Ministry concerned -P Vaidyanathan Iyer and Harish Damodaran

-The Indian Express Andhra Pradesh, Gujarat and Telangana are the top three states, having disbursed the third instalment to almost 16.35 lakh, 13.99 lakh and 11.03 lakh farmers, respectively. Uttar Pradesh, which accounts for one out of every four farmers in the country, has not yet paid the third instalment under PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) to a single farmer, according to the last update Monday night on the scheme’s...

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Is urban health care being neglected? -Yogesh S

-Newsclick.in The Infant Mortality Ratio (IMR) data, which has either risen or remained stagnant in urban areas raises questions about the condition of the urban health care system. While on one hand, the Narendra Modi led Bharatiya Janata Party (BJP) government has been making tall claims about its  Ayushman Bharat scheme, crucial indicators such as Infant Mortality Ratio (IMR) are showing a deep disparity. The decline in the government’s expenditure on public...

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Economic slump: Busting official myths on consumer preferences -Ranjini Basu

-Newsclick.in Data confirms an acute demand crisis in rural India and beyond. Finance Minister Nirmala Sitharaman’s latest statement on millennials contributing to the auto industry slowdown by shifting their preferences—choosing Ola or Uber ride-booking services instead of buying cars—is feeding many a meme on social media. Even before her statement, sections of industry and the banking sector had been pushing this argument. Not just private banking giants, such as Uday Kotak, but even...

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