-Hindustan Times While a final conclusion on employment Growth should wait for 2017-18 NSSO data, rosy estimates based on selective assumptions do not inspire much confidence . New Delhi: In a study prepared as a background report for the Prime Minister’s Economic Advisory Council, economists Surjit Bhalla and Tirthatanmoy Das have claimed that the Indian economy created around 12.8 million jobs (by principal status) in 2017. The authors also claim that net...
More »SEARCH RESULT
Total Matching Records found : 6104
Steps to stop the rot: on dangers of storing foodgrains in the open -Peter Smetacek
-The Hindu The government must stop storing millions of tonnes of foodgrains in the open under tarpaulins In India, the height of the rainy season is a time that one prays will pass — flooded roads, wet clothes, masses of insects and mould. No place is safe from the Growth of fungi that spring up overnight. With the humidity in the air and the warmth of summer, all that fungi need is...
More »RBI: Loan defaults by small businesses double in a year -George Mathew
-The Indian Express RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent in the previous year. Mumbai: MICRO AND small businesses continue to struggle in the wake of demonetisation and implementation of the Goods and Services Tax (GST), with the latest RBI figures...
More »Consumption-driven GDP Growth unhealthy for Indian economy -Manas Chakravarty
-Livemint.com A consumption-driven Growth not only fuels inflation, but also can arguably lead to a slackening of future Growth Economic Growth of 8.2% for the June quarter may have beaten all estimates, but the big question is: what kind of Growth is it? Is the economy firing on all the engines of domestic consumption, investment demand and external demand? Let’s look at the numbers. The anecdotal evidence of a spurt in consumption Growth...
More »Cash still the king. Cash savings highest in a decade -Gayatri Nayak
-The Economic Times Demonetisation seems to have had no impact on cash savings by the Indian household, Savings are again going out of the banking system with share of savings in form of cash touching decade high and that of deposits touching decade lows. While currency in circulation is at Rs 19.38 lakh crore is much higher than pre-demonetisation levels, household savings in form of cash and currency has surged to...
More »
