-The Hindu Misplaced optimism needs to cede ground to tangible policy interventions The government’s advance estimates for economic output and growth for the fiscal year ending in March may raise eyebrows, but only for the wrong reasons. The National Statistical Office (NSO) has estimated that Gross Domestic Product (GDP) will expand by 5% in the 12-month period, in line with the Reserve Bank of India’s sharp downward revision last month in its...
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India's growth projected to 'decelerate' to 5% in 2019-2020: World Bank
-PTI The World Bank said India's growth rate was likely to recover to 5.8 per cent in the following financial year. Washington: The World Bank has projected a five per cent growth rate for India in the 2019-2020 fiscal, but said it was likely to recover to 5.8 per cent in the following financial year. The growth rate for Bangladesh has been projected to remain above seven per cent through the forecast horizon...
More »Government projects slower GDP growth
-The Hindu 5% estimate in line with RBI forecast. The government expects the country’s gross domestic product (GDP) to grow at a slower pace of 5% for the full year 2019-20, as compared to 6.8% in the previous year, according to the first advance estimates released by the Statistics Ministry on Tuesday. This estimate is in line with projections made by the Reserve Bank of India, which had revised GDP growth downwards to...
More »CAA, NRC introduce meddlesome officialdom into a question as fundamental as citizenship -Abhijit Banerjee & Esther Duflo
-The Indian Express CAA and NRC introduce a meddlesome officialdom into a question as fundamental as citizenship. Why not open our doors to all who sign up in our national mission of being democratic, open, tolerant and inclusive? In 2014, then candidate Narendra Modi’s slogan of “maximum governance minimum government” had resonated with many voters who felt that the Indian government loomed too large in their lives while delivering too little to...
More »Concern over Assam Accord -Satananda Bhattacharjee
-The Telegraph Bengalis living in Assam would lose all rights and privileges if Clause 6 of the Accord was implemented Hailakandi: The central committee of Barak Upatyaka Banga Sahitya O Sanskriti Sammelan on Thursday expressed concern over implementation of Assam Accord. The committee said Bengalis living in the state would lose all rights and privileges if Clause 6 of the Accord was implemented. Clause 6 says, “Constitutional, legislative and administrative safeguards, as may...
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