-The Indian Express There’s a need to come up with a new model of growth through focused value chains. When it comes to exports, there are several key issues that affect the various stakeholders concerned. It’s almost sardonic that when you type “agrarian” in Google, it invariably suggests “crisis” as the following word. In 2019, the Indian farm sector grew minus 0.1% year-on-year in January-March and 2% and 2.1% in the next...
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Economic slump: India's rickety bridge over troubled waters -Dev Kar
-TheWire.in Sustaining growth amidst a global economic slowdown would require tackling corruption. Raghuram Rajan, the-then outgoing Governor of the Reserve Bank of India, in an exit interview he granted to Karan Thapar (‘To The Point’, YouTube, September 2, 2016), took satisfaction from the fact that India was “on a more sustainable growth path”. The remark turned out to be premature. Less than two years later, starting the first quarter of FY 18/19, ominous...
More »GDP slump will hit $5-trillion economy target, warns NITI Aayog -TCA Sharad Raghavan & Sobhana K Nair
-The Hindu The Hindu has accessed a presentation made by NITI Aayog CEO Amitabh Kant to the Standing Committee on Finance; 12.4% growth needed to achieve the figure, Mr. Kant said. The road to a $5 trillion economy by 2025 is beset with many speed breakers, the NITI Aayog has warned the government. To begin with, the think tank has said the nominal GDP growth — a measure of growth without accounting for...
More »Why FMCG companies are cutting down on advertising costs in India -Bidya Sapam
-Livemint.com * Consumer goods companies are likely to post their worst revenue growth in the last 15 years, as per report * With slump in consumer demand, most firms are stepping up their efforts to entice consumers through discounts and offers Mumbai: Fast moving consumer goods (FMCG) companies are shifting their focus to consumer promotions to drive volume in a sluggish market while being cautious on investing heavily on advertisements to save cost,...
More »Female migrant workers and domestic employees need a security net -Rohini Mitra and Aarohi Damle
-TheWire.in The lack of a cohesive legislative framework stigmatises domestic workers and is a colossal disservice to those who rely on domestic labour for their livelihood. Shipra Mondal has been a migrant for almost her entire life. Having first moved villages after marriage, Mondal has since shifted around, within the state of West Bengal, numerous times and now lives in a slum in East Kolkata. Her husband works at a construction site,...
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