-The Hindu The national bar against hate crime has been lowered, but resolute corrective action is possible Once again, the first weeks of the Narendra Modi administration have been marked by hate crimes — two Muslim men beaten by mobs in Jharkhand and Mumbai, demanding they shout ‘Jai Shri Ram’, one so mercilessly that he died. Another man, a tribal, lynched in Tripura on suspicion of being a cattle thief. Most recently,...
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The farm-factory connect -Ashok Gulati
-The Indian Express Raising farm productivity is the first step to increasing rural demand and reviving the manufacturing sector As per the last report of National Statistical Office (NSO) released on May 31, the Gross Value Added (GVA) at basic prices (2011-12 prices) for the fourth quarter (Q4) of 2018-19 has slumped to 5.7 per cent for the overall economy, 3.1 per cent for manufacturing, and -0.1 percent for agriculture, forestry...
More »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 »Economic growth may have slipped below 7% in FY19, lowest in 5 years: ET Poll - Kirtika Suneja
-The Economic Times January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one. NEW DELHI: India’s economic growth is likely to have slipped below 7% in FY19, the lowest in the past five years, because of a disappointing fourth quarter. That could prompt a further cut in interest rates by the central bank and renewed efforts by the incoming government to drum up demand and private investment,...
More »Missing demand: on economic slowdown
-The Hindu Slowdown has widened across sectors; the new government must hit the ground running A welter of data collectively and individually point to one worrying conclusion: economic momentum across sectors is slowing in the widening absence of that key ingredient, demand. Domestic sales of cars, commercial vehicles and two wheelers all contracted in April, from a year earlier, the Society of Indian Automobile Manufacturers (SIAM) has reported. The decline of almost...
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