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7 to 4.5%: Ex-CEA cuts GDP estimate between 2011-12 and 2016-17

-The Indian Express While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian New Delhi: In the midst of a raging controversy over India’s economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has concluded that the country’s growth has been overestimated by around 2.5...

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Good monsoon, govt support could revive rural demand -Ratna Bhushan & Sagar Malviya

-The Economic Times   Forecast of a normal monsoon and extension of PM Kisan scheme likely to boost rural income, say cos.   NEW DELHI| MUMBAI: Rural demand for groceries and daily essentials, which showed signs of slowing in the past three quarters, could revive after New Delhi extended the assured income support (PMKisan) scheme for farmers. Expectations that rains would be normal this monsoon season should also lift buying power in the...

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Economic growth may have slipped below 7% in FY19, lowest in 5 years: ET Poll - Kirtika Suneja

-The Economic Times January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one. NEW DELHI: India’s economic growth is likely to have slipped below 7% in FY19, the lowest in the past five years, because of a disappointing fourth quarter. That could prompt a further cut in interest rates by the central bank and renewed efforts by the incoming government to drum up demand and private investment,...

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Lok Sabha elections 2019: What assets, occupations of political hopefuls tell us - Gilles Verniers and Priyamvada Trivedi

-Hindustan Times The data is extracted by the Association for Democratic Reforms (ADR) and merged with Trivedi Centre for Political Data’s (TCPD) own candidates’ data set. In this piece, we look at variation in reported wealth between the 2019 candidates of the two national parties, the Bharatiya Janata Party and Congress, breaking it down by declared occupation. To do that, we cross the occupation and net assets data contained in the affidavits...

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NYAY: No bridge between two Indias -R Ramakumar

-Frontline.in A closer look at the Congress party’s proposed income transfer scheme. “Two Indias are being created. One of the rich and the other of the poor… we are going to bridge these two Indias. And we are going to make sure that this one India that is formed has opportunity for all…. The idea is that you take the India of opportunity, you grow that India. Then you take some of...

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