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P Sainath, founder editor of People's Archive of Rural India (PARI), interviewed by Bhasha Singh

-National Herald Talking about farmers’ issues, P Sainath said, “It is not just an agrarian crisis, it is now a national crisis. The Modi govt has been engaged in fooling the nation. They are telling lies shamelessly” The founder editor of People’s Archive of Rural India (PARI), the former Rural Affairs editor of The Hindu and author of the much acclaimed book ‘Everybody loves a Good Drought’, P Sainath, has recorded rural...

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As Consumers Reel from High Fuel Prices, OMCs Make a Killing Off Inventory Gains -Noor Mohammad

-TheWire.in Indian Oil, BPCL and HPCL together made inventory gains of over Rs 12,000 crore in the April-June 2018 quarter alone as the price of crude rallied. New Delhi: Indian consumers of petrol and diesel may be reeling under high prices but oil marketing companies (OMCs) and the government are having a great time. The three state-owned companies – Indian Oil, BPCL and HPCL – together made inventory gains of over Rs 12,000...

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With Attack on Himachal Man, Number of Murdered RTI Activists Rises to 73 -Gaurav Vivek Bhatnagar

-TheWire.in Family members of slain Kedar Singh Jindan, along with several locals and activists, have demanded a CBI probe into the matter. New Delhi: Even as the Centre dithers on implementing the Whistleblowers Protection Act, which was passed four years ago to protect anyone who exposes alleged wrongdoing in government bodies, another name has been added to the growing list of RTI activists who have been killed for raising disturbing questions. The...

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Does India's New Series GDP Data Overestimate Manufacturing Output?

-TheWire.in The new series GDP data has been mostly replaced with corporate financial data for estimating manufacturing value-added, resulting in manufacturing assuming a higher share in India’s GDP and growing at a faster rate compared to the older series. New Delhi: Does the new method by which India calculates GDP (gross domestic product) data overestimate manufacturing output? This apprehension has been flagged by a key member of the Reserve Bank of India’s...

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Did the Indian economy create nearly 13 million jobs in 2017? -Amit Basole and Anand Shrivastava

-Hindustan Times While a final conclusion on employment growth should wait for 2017-18 NSSO data, rosy estimates based on selective assumptions do not inspire much confidence . New Delhi: In a study prepared as a background report for the Prime Minister’s Economic Advisory Council, economists Surjit Bhalla and Tirthatanmoy Das have claimed that the Indian economy created around 12.8 million jobs (by principal status) in 2017. The authors also claim that net...

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