-The Hindu In contrast to its pronouncements, the government’s own data suggest the economy is in a deep hole Prime Minister Narendra Modi, in his Independence Day address, spoke triumphantly about how demonetisation drove ?3 lakh crore of unaccounted money into the banking system. The Reserve Bank of India (RBI) is still counting old notes, and unaccounted money cases are ongoing. Thus, this number is at best a guesstimate, and cannot be...

-The Hindu Fifty years since the Green Revolution, the architect of the reform highlights the crisis facing Indian agriculture today It is 11 years since agronomist M.S. Swaminathan handed over his recommendations for improving the state of agriculture in India to the former United Progressive Alliance government, at the height of the Vidarbha farmer suicides crisis, but they are still to be implemented. To address the agrarian crisis and farmers’ unrest across...

-The Times of India LAKHIMPUR KHERI: Residents of Choudhipur village in Mailani area in Lakhimpur Kheri district, 70 km from here, have refused to celebrate Independence Day as they felt that no development has happened in their village even 70 years after Independence. There is no electrification in the village and the roads are in terrible condition. The villagers are still forced to defecate in the open, as most of the...

-The Economic Times Data suggests that India's unemployed youngsters are not looking for jobs. In January 2017, there were 408.4 million employed people in the country. The number of those who were unemployed and seeking jobs was 25.9 million. Seven months later, by the end of July, the number of employed fell to 405.4 million. But the number of those looking for jobs also fell to 13.7 million, according to a report...

-The Hindu Given the recent policy changes, the CEA has done right to flag mid-year concerns Five months after the Economic Survey 2016-17 was released, Chief Economic Adviser Arvind Subramanian has presented the second volume of the annual economic review-cum-prognosticatory report. With the intervening period having provided a wealth of data points and policy developments, including the momentous roll-out of the Goods and Services Tax, there was a clear need to update...