-PTI * Subramanian had flagged the problem of debt accumulated by private corporates becoming NPA of Banks back in December 2014 * At that time, he was CEA to the Narendra Modi government NEW DELHI: India is facing a "Great Slowdown" with its economy headed for intensive care unit primarily due to a "second wave" of the twin balance sheet crisis at Banks, former Chief Economic Adviser Arvind Subramanian has said. Subramanian, who was...

-The Telegraph By all indications revival in 2020 is not possible The year 2019 has played out on a mixed note. Politically, the general election outcome upheld the popular choice of a majority government. Economically, conditions deteriorated rapidly through the year. In fact, an undercurrent of concern about the economic situation prevailed throughout 2019. This surfaced upfront immediately after the May election and reached a flashpoint by the middle of the...

-Centre for Justice and Peace Untangling the complexities of the Citizenship Amendment Act 2019 * What is Citizenship Amendment Act? It is an Act that proposes that all Hindu, Sikh, Buddhist, Jain, Parsi or Christian refugees from Afghanistan, Bangladesh or Pakistan, who entered into India on or before the 31st day of December, 2014 without any valid travel documents such as passport, will be granted citizenship by naturalization on applying for the same,...

-The Indian Express The chief ministers of five Opposition-ruled states — West Bengal’s Mamata Banerjee, Punjab’s Amarinder Singh, Rajasthan’s Ashok Gehlot, Chhattisgarh’s Bhupesh Baghel and Kerala’s Pinarayi Vijayan — have already opposed both the CAB and NRC. BhuBaneswar, New Delhi: A WEEK after his MPs voted for the Citizenship (Amendment) Bill, Odisha Chief Minister Naveen Patnaik on Wednesday opposed a countrywide National Register of Citizens (NRC), swelling the number of chief ministers...

-The Indian Express Return of food inflation may not allow RBI to further slash interest rates but opens up room for delayed reform Retail food inflation crossing 10 per cent, the first time in nearly six years, isn’t good news for an economy already mired in a deep slowdown. The suddenness of the increase (from under 3 per cent in August to 10 per cent-plus in November) and the fact that the...