-Newsclick.in This unwillingness of finance to stay in, or move to, the Third World, is impairing the ability of several countries to pay for their Imports and to service their external debt. There is an exodus of finance from the Third World at present, far exceeding in scale what had occurred in 2008 after the financial crisis. Even more important than the actual outflow is the desire on the part of finance...

-Newsclick.in Joblessness is zooming, inflation is at six-year high led by food inflation, exports are down further, industrial production is stagnant and investment is at a standstill. In the last six months or so, the Modi government has supposedly been paying close attention to the sinking economy, with a flurry of meetings, announcements of freebies to corporates, fervent assurances to markets and budget shenanigans to supposedly keep the deficit in check and...

-The Indian Express Boosting consumption by leaving people with higher disposable incomes is the key strategy The fine print of the Union Budget for 2020-21 notwithstanding, the central strategy of the government seems to be to boost the disposable incomes of the Indian consumers. * What was the problem slowing down the economy? Typically, there are four engines of GDP (gross domestic product) growth. These are as follows: Consumption of the private individuals (or...

-Down to Earth Govt policy think tank asks chief secretaries to extract nutrients from human excreta and use them in place of fertilsers Explore the possibility of extracting essential nutrients like phosphorus, nitrogen, potassium and carbon from human excreta and replace fertilisers used in agriculture with them, the Niti Ayog has advised all states. Faecal sludge is a rich source of nitrogen (N), phosphorous (P) and potassium (K), the three essential nutrients used...

-Livemint.com If crude oil prices surge on tensions in West Asia, our import bill could soar India’s December trade figures deepen concerns about the health of our economy. Official figures show that merchandise exports dipped 1.8% from a year earlier to $27.36 billion, marking the fifth straight month of decline. A consolation is that Imports fell by a larger 8.8%, helping narrow the trade deficit. But the relief could be temporary. If...