-The Times of India India's gross domestic product growth rate has been overstated by about 2.5 percentage points per year post 2011, former chief economic adviser Arvind Subramanian has said in a research paper, prompting economists to doubt the size of the claimed overestimation, and the government to defend the data . Subramanian also called for revisiting the entire methodology and implementation for GDP estimation by an independent task force, comprising national...
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Good monsoon, govt support could revive rural demand -Ratna Bhushan & Sagar Malviya
-The Economic Times Forecast of a normal monsoon and extension of PM Kisan scheme likely to boost rural income, say cos. NEW DELHI| MUMBAI: Rural demand for groceries and daily essentials, which showed signs of slowing in the past three quarters, could revive after New Delhi extended the assured income support (PMKisan) scheme for farmers. Expectations that rains would be normal this monsoon season should also lift buying power in the...
More »'Non-ODF areas 13 times more prone to ground water pollution' -Dipak K Dash
-The Times of India NEW DELHI: Villages where people still defecate in open face nearly 13 times higher risk of faecal contamination of ground water as compared to open defecation free (ODF) villages, says a study by United Nations Children’s Fund (UNICEF). The assessment has also found that risk of ground water contamination in Bihar, one of the states which is yet to be declared ODF, is maximum at nearly 36%. The study,...
More »PM's income support scheme will benefit over 8 lakh large farmers -Vishwa Mohan
-The Times of India NEW DELHI: Extending the assured income support (PM-Kisan) scheme for farmers, approved by the new government in its first Cabinet meeting last Friday, will also benefit over eight lakh big landholders — having landholding size of 10 hectares (nearly 25 acres) and more — across the country. Though such big landholders account for merely 0.6% of total farmers in India, their numbers in some states, such as Rajasthan,...
More »An Estimated Rs 60,000 Crore Spent in 2019 Lok Sabha Elections: CMS Report -Prudhviraj Rupawat
-Newsclick.in The report released today by the Centre for Media Studies has estimated these elections as the most expensive elections held ever; BJP spent about 45% of the total expenditure. With an estimated Rs 60,000 crore front-end expenditure, the recently concluded 2019 Lok Sabha elections is the most expensive elections held ever, according to a report by Centre for Media Studies (CMS), a premier research organisation. The report estimated that Rs 700...
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