Among the measures announced by the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman on 23rd August, 2019 to arrest economic downturn, the following are noteworthy: * Allow Bharat Stage IV (BS-IV) vehicles (which are purchased till 31st March, 2020) to remain operational for the entire period of registration; * Government shall lift the ban on purchase of new vehicles for replacing all old vehicles by its various departments; *...

In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...

-Hindustan Times Unfortunately, there is no high frequency income or consumption data for the Indian economy. What we do have is monthly data for rural wages, which is available until June 2019. On Wednesday, media reports said that India’s leading biscuit-maker Parle Products Private Limited could cut up to 10,000 jobs as “slowing economic growth and falling demand in the rural heartland could cause production cuts”. The company’s flagship brand Parle-G...

-The Telegraph 'The people of Kashmir need healing from the deep wounds of this conflict, not subjugation to further violence and alienation' If nature abhors a vacuum, so does journalism. The Lancet, an international medical journal, has referred to Prime Minister Narendra Modi’s “prosperity” justification for the changes in Jammu and Kashmir and said the people there first need healing, not subjugation and alienation. The journal has also raised concerns about the mental...

-National Herald Figures prove due to special status, J&K outscored Gujarat on selected indicators. As per Dreze it is an illusion that removing Article 370 will bring development in the Valley Life expectancy at birth is higher in Jammu and Kashmir which is depicted as a terrorist-state by media as compared to Gujarat which is projected as a model state in India; percentage of the rural population living below the poverty line...