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What happened to poverty during the first term of Modi? -Himanshu

-Livemint.com Consumption declined over the period 2014-18, confirming fears that people ended up worse off Various data from the financial to the corporate sector over the last two months are confirming the worst fears of a sharp decline in demand in the economy. With stagnant investment and exports, there are clear signs of a sustained slowdown. Most of this was well known to anybody following the Indian economy, barring the government, which...

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The perpetual El Nino -Jatin Singh

-The Telegraph Below-normal and drought are the new normal. Since 2012 there has only been one normal monsoon. Monsoons follow their own patterns, unpredictable as they may be. In the past, certain periods, spanning a decade or sometimes two, have had higher frequencies of droughts and at the moment, we seem to be stuck in such a cycle. Between 1900 and the year 2000, there was one drought per decade. But...

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15 ways to define India's slowdown -Vivek Kaul

-Livemint.com * An analysis of indicators that make up India's GDP reveals the extent to which the economy has slowed down * How does one explain the fact that home loans are growing and so is the number of unsold homes? It may be that people are buying homes from investors, not builders The rain has stopped. You step out of home to run a few errands. On the way, you find ?500...

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A short history of Indian economy 1947-2019: Tryst with destiny & other stories

-Livemint.com Reflecting on what shaped economic policy and the transition to millennial India, Mint brings you a curated history of the economy since 15 August 1947 Independence brought dreams of not just individual, but also economic, social and political freedom. Seventy-two years later, these ideals have undergone a transformation as India seeks to join the $5 trillion club. Reflecting on what shaped economic policy and the transition to millennial India, Mint’s editors...

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Irrigation could be delaying monsoon in India, cautions IPCC study -TV Jayan

-The Hindu Business Line But it could be helping to boost rainfall in the Horn of Africa Is irrigation adversely affecting the monsoon in India and delaying its onset? Maybe, according to a report on climate change and land brought out by the United Nation’s Intergovernmental Panel on Climate Change (IPCC) last week. “Irrigation in India occurs prior to the start of the monsoon season and the resulting land cooling decreases the land-sea...

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