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Gujarat Model's Failure Explains Why the Economy Is a Significant Factor in the Coming Elections -Jayati Ghosh

-TheWire.in The model of development that was presented as a success story relies on patronising and providing incentives to large businesses while simultaneously suppressing wage incomes. By now, almost everyone in the country knows the one thing Prime Minister Narendra Modi and the team around him excel in – the art of public relations and media management. This is the reason that the ‘Gujarat model’ of handling a state’s economy became such...

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A Comprehensive Guide From RBI on How 'Not' to Lend to Farmers -Bodapati Srujana

-Newsclick.in This might help understand why there is a huge gap between the amount of loans banks claim they have given to the farmers and the amount that is actually received by the farmers. If you ever find yourself with time on your hands, and don’t know what to do with it – here is something that you can do. Just go to the website of Reserve Bank of India, and search...

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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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I need to speak up now -Yashwant Sinha

-The Indian Express The economy is on a downward spiral, is poised for a hard landing. Many in the BJP know it but do not say it out of fear I shall be failing in my national duty if I did not speak up even now against the mess the finance minister has made of the economy. I am also convinced that what I am going to say reflects the sentiments...

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Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)

-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...

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