-The Hindu The RBI has estimated a 7.1% inflation rate for the July to September quarter India’s retail inflation touched 7% in August, up from 6.71% in July, fuelled by a 7.62% pick-up in food prices paid by consumers, even as industrial production growth in July had dropped to the lowest level since April at just 2.4%, with output levels dropping 2.75% month-on-month. This is the eighth successive month that retail inflation...
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Poor implementation of Indian policies is oldest excuse. Real problem is in field administration. -Rashmi Sharma
-ThePrint.in Panchayats or local elected governments are supposed to lead socio-economic development but they have no funds to spend as per needs. The growing political importance of ‘good governance’ in politics today brings the focus back on India’s chronic implementation failure problem. It pervades all development sectors like education, health care, law enforcement and infrastructure, but our understanding of what causes these failures is imperfect. In fact, ‘implementation failure’ is embedded in the...
More »First Quarter GDP Estimates This Year no Cause for Celebration -Prabhat Patnaik
-Newsclick.in It is clear that the stagnation that was setting in during 2019-20 has persisted and has even intensified now. The estimates of Gross Domestic Product (GDP) for the April-June quarter released by the government on August 31 paint a dismal picture of the Indian economy. Since the GDP in real terms (at 2011-12 prices) shows an increase of 13.5% over the first quarter GDP a year ago, and since 13.5% appears...
More »Monetary Policy Alone Inadequate To Tame Inflation -Dr. Amar Patnaik
-NDTV.com At a time when Consumer Price Index (CPI) inflation has remained above RBI's upper tolerance level of 6% for seven consecutive months and the WPI inflation rates are at the highest levels since January 2007, it is good that the issue was finally discussed in parliament and the RBI's recent rate hike signals recognition of the concern. However, during the debate in the parliament, the Treasury bench largely took a...
More »Why Delhi’s Sex Ratio Ranks Among The Worst In India -Eisha Hussain
-Behanbox.com New Delhi: The sex ratio of the National Capital Territory of Delhi has been consistently skewed over three decades, shows a BehanBox analysis. The reason for this lies in the Capital’s location, right in the middle of a “cultural and geographical continuum” where gender preferential practices are rampant, say demographic experts. Delhi’s sex ratio is 913 women per 1,000 men, as per the latest and fifth round of National Family Health...
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