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At 5.7%, Q1 GDP growth slumps to 3-year low -KR Srivats

-The Hindu Business Line Uncertainty over GST and related de-stocking hit industrial sector in Q1, says Anant New Delhi: Three key macro-data points released on Thursday presented a worrying picture of the economy, adding credence to the Reserve Bank of India Monetary Policy Committee’s recent fears of slower growth. The keenly-awaited first-quarter GDP growth number came in at 5.7 per cent, a three-year low and far lower than the 7.9 per cent GDP...

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NITI Aayog's three-year action plan on agriculture raises hope as well as concerns

-Down to Earth In a major digression from the current discourse on GM crops, the report claimed that the farmers in India have “enthusiastically embraced” GM seeds For the first time since the five-year plans were scrapped, the NITI Aayog presented the three-year action plan last week. The report, which draws on recommendations made by the Task Force on Agricultural Development and a group of secretaries appointed by PM Modi at...

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Demonetisation: In value, digital deals surge, then dip to 5-month -Sunny Verma & Pranav Mukul

-The Indian Express Demonetisation: On digital transactions, too, RBI data shows that the volume of electronic payments, after peaking in December 2016 at 957.50 million transactions compared with 671.49 million in November, has been on a decline. New Delhi: When it launched the currency withdrawal in November, the NDA government had outlined four key objectives of the demonetisation exercise: detection of black money, elimination of fake currency, squeezing funds available for...

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RBI says 98.96% of Rs 500, Rs 1000 notes returned after demonetisation -Gopika Gopakumar

-Livemint.com RBI annual report estimates value of Rs 500 and Rs 1000 notes returned was Rs 15.28 trillion against Rs 15.44 trillion in circulation before demonetisation Mumbai: According to Reserve Bank of India’s (RBI) annual report released Wednesday, 98.96% of Rs 500 and Rs 1000 notes (by value) that were invalidated due to the demonetisation exercise had been returned by the end of June. The numbers put to Rest one of the big...

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Uttar Pradesh's child death crisis -Ramanan Laxminarayan

-Livemint.com The Gorakhpur tragedy must be seen against the larger backdrop of public health failure in Uttar Pradesh The recent tragedy of more than 85 children and newborns who died in Gorakhpur has, not for the first time, put the spotlight starkly on the country’s ailing public health system. The lack of all things important to human settlements—sanitation, disease surveillance, primary healthcare, tertiary hospitals, resources, life-saving equipment, political will and public health...

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