-Scroll.in Hike government spending, pour money into rural areas, cut interest rates, refrain from disruptive moves like demonetisation. India’s economic growth is slowing but can the government bring it back on track? This is what Finance Minister Arun Jaitley reportedly discussed with ministers and officials Tuesday evening. While a concrete plan to address the problem is apparently being developed with Prime Minister narendra modi’s blessing, a section of the industry and...
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Indian economy in a tailspin: What went wrong -Asit Ranjan Mishra and Gireesh Chandra Prasad
-Livemint.com While investment demand was anyway weak when the NDA came to power in 2014, private consumption has also started decelerating due to demonetisation New Delhi: The National Democratic Alliance (NDA) won a landslide in the 2014 general election with the promise of fast-tracking economic growth and creating jobs. It replaced the Congress-led United Progressive Alliance (UPA) government that was mired in corruption scandals and had mismanaged the economy. Three years on,...
More »Narmada dam: Public finance, public play -Sudeep Chakravarti
-Livemint.com For the people of India and their “faith” in the Sardar Sarovar dam, it’s really a matter of public finance Optics is as air for politicians. It is no different for Prime Minister narendra modi and what is commonly known as the Narmada Dam. But even air can sometimes get dense with rhetoric. On 17 September, Modi inaugurated the Sardar Sarovar Dam, the largest project of the Narmada, or Sardar Sarovar Project,...
More »Has demonetisation harmed non-farm employment generation in the medium term? -Roshan Kishore
-Livemint.com Despite the construction sector being in the doldrums, personal housing was holding its own—till demonetisation Prime Minister narendra modi promised to create 10 million jobs in five years while campaigning in the 2014 general election. After completing more than three years in office, has the government been able to deliver? We do not know for sure. Findings of a large-sample survey on employment, conducted by the National Sample Survey Office (NSSO),...
More »Soli Sorabjee, Former Attorney General of India, interviewed by Anuradha Raman (The Hindu)
-The Hindu The former Attorney General about recent landmark judgments of the Supreme Court, the credibility of the court, and the sedition law Former Attorney General of India, Soli Sorabjee, was given the Padma Vibhushan 15 years back for his defence of the freedom of expression and protection of human rights. Now, at 87, Mr. Sorabjee says he is looking forward to making his arguments in a pending case on Aadhaar. Excerpts...
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