-The Hindu Business Line But the economy size gets a bump-up under new base year New Delhi: It’s official now. The government-initiated recalibration of the economy for the years 2004-05 to 2011-12, based on the new base year 2011-12, paints a somewhat less cheerful picture on the GDP growth front for these years. However, the new methodology of changed base year (2011-12) with the latest data sources and improved coverage has bumped up...
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Demonetisation a massive, draconian, monetary shock: Arvind Subramanian
-IANS The former CEA says he does not think anyone disputes that demonetisation slowed growth. Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8% in the seven quarters after it against the 8% recorded prior to the note ban, says former Chief Economic Advisor Arvind Subramanian. Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra Modi, he says that he does not have a strongly-backed...
More »Overseas markets wipe away tears of onion traders hit by low domestic prices -Amrita Nair Ghaswala
-The Hindu Business Line Mumbai: Onion exports have picked up on firm overseas demand even as domestic prices continue to rule low, as the new crop hits the markets in the backdrop of huge carry forward stocks. Experts attribute the pick-up in demand over the past few months to a lower global output due to changing climatic conditions. Ganpat Vaishnav, owner of Ganesh Impex, moved to exporting onions over the last three months,...
More »A very material shift -Sajjan Kumar
-The Hindu Occupational identities are competing with caste and religious identities in Madhya Pradesh The political mood of the people in Madhya Pradesh is complex. To understand voting behaviour only through the prism of caste is an outdated method in this State. In fact, occupational identities resonate across caste and religion. Employing the categories of farmers, labourers, government employees, small businessmen, the urban service classes, and so on helps us understand voter...
More »On Friday, farmers groups from across India will march to Parliament. Here is how they mobilised in a year -Kunal Talgeri
-CNBCTV18.com * The All India Kisan Sangharsh Coordination Committee mobilised a farmers’ movement in a year. * The trigger was a June 2017 farmers’ agitation in Mandsaur, Madhya Pradesh, where six people died in the midst of violence and police shootings. * In 12 months, the AIKSCC has managed to drive the convergence of farmer groups, including those representing marginalised farmers (women, adivasis and Dalits), apart from the introduction of two Bills. “Farmer...
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