-The Hindu ‘Figure is $2.50 trillion and not $8 trillion as claimed by Modi’ India’s Gross Domestic Product (GDP) became a subject of political debate on Monday. Following Prime Minister Narendra Modi’s remarks in the U.S., that India’s GDP is $8 trillion, the Congress said on Monday that when the UPA government had left the office, India’s GDP was $2.27 trillion, and India’s GDP today was close to $2.50 trillion. “His officials should...
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Is inequality in India here to stay? -Vamsi Vakulabharanam
-Al Jazeera Prime Minister Narendra Modi is unlikely to narrow the gap between Indian elites and the rest of the population India has experienced a significant economic growth spurt in recent decades. After seeing annual growth of 3 percent in the years after independence in 1947, the rate began to double, reaching a rate of around 6 percent per year after 1980. However, the distribution of growth proceeds has been very uneven...
More »Majority of powerlooms in Bhiwandi go on strike -Puja Mehra, Satish Nandgaonkar & Alok Deshpande
-The Hindu Industry seeks control on yarn prices, permission to export cloth Nearly three-fourths of the 9 lakh powerloom units in Maharashtra’s Bhiwandi have been on strike since Monday, leaving as many workers jobless and per-day losses of about Rs 150 crore, estimate textile industry associations. The strike has brought half of India’s powerloom sector to a halt, they say, since it comes over and above the production cutbacks in place since...
More »Study: Food price spikes linked with rising malnutrition among Indian children
-Financial Express It focused on the effect of food prices on child nutrition in the Andhra Pradesh, one of India’s largest states, using data from the Young Lives project based at Oxford University An international study, conducted by researchers from the Public Health Foundation of India and the University of Oxford, with a team from Stanford University and the London School of Hygiene and Tropical Medicine, says spikes in food prices during...
More »Narendra Modi government's first year sees record farmer suicides -Yogesh Pawar
-DNA From May 20, 2014 to May 24, 2015 has seen as many as 1,306 farmers suicides, a 40% jump from last year. In the middle of the media blitzkrieg over the completion of a year in office of the Narendra Modi government comes the information that it is anything but 'achche din' in the farmer suicide country of Vidarbha. From May 20, 2014 to May 24, 2015 has seen as many...
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