-The Indian Express Growing divergence between consumption expenditure estimates from NSO surveys and GDP data is too big to be pushed under the carpet Recently, we had expressed concerns that with the GDP growth rate falling in the post 2011-12 period, the decline in the poverty ratio would be slow. During 2011-12 to 2018-19, both GDP and Agriculture Growth were lower than in the earlier period. The terms of trade were not...
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Economic growth slowest in 26 quarters -R Suryamurthy
-The Telegraph An over six-year low of 4.5 per cent The Narendra Modi government’s bluster on the state of the Indian economy was bottled on Friday after the National Statistical Office (NSO) came out with data that showed growth in the second quarter had sunk to an over six-year low of 4.5 per cent — the slowest expansion in 26 quarters. The sharp slowdown was triggered by a contraction in the manufacturing sector...
More »Mega challenges of rural-urban migration -Santosh Mehrotra
-The Hindu Business Line A dispersed pattern of urbanisation leads to sprawl with higher motorisation and pollution. A new urban vision is needed India’s demographic dividend cannot be realised if young entrants to the labour force as well as potential migrants from agriculture do not gain new livelihoods. Hastening of the structural transformation brings with it three mega-challenges for policy-makers: employment of migrants; growing urbanisation; and ensuring better education and vocational training...
More »Energy, food and leaky pipes: How to solve India's water crisis -Ravi Purushothaman
-India Today There is an expected 40 per cent gap in the global water supply, the 2.1 billion people who lack access to safe drinking water and the fact that water has ranked in the top five risks for eight consecutive years in the World Economic Forum’s Global Risk Report. The global water crisis is not a new story. Every year, I review statistics which are becoming all too familiar: an expected...
More »The right to choose -Ashok Gulati
-The Indian Express Government could give fertiliser subsidy directly to farmers and let them decide if they want to practise zero budget natural farming or use chemical-fertilisers. The Narendra Modi government completed 100 days of its second term (Modi 2.0) last week. On this occasion, most cabinet ministers spoke of the achievements of their ministries. The headlines in newspapers were, however, about the abrogation of Article 370, or the biggest slump...
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