-MoneyControl.com A continued property market slowdown and a vegetable glut may have pushed landless labourers back to villages, seeking daily jobs and depressing wage growth India’s gross domestic product (GDP) growth looks set to cruise along the 7-7.5 percent trail, partly aided by steady farm incomes and record harvests on the back of plentiful summer rains over the last three years. But it may still be early to open the bubbly yet. The...
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Cause for caution: On India's GDP growth -Puja Mehra
-The Hindu India’s GDP growth continues to be powered by consumption, not investments A question being raised about the GDP estimates for the first quarter of this year (April-June) is: How should 8.2% GDP growth be interpreted in, or reconciled with, the overall context of some of the pronounced trends in the economy? These include the depreciating rupee, rising bank bad loans, or non-performing assets (NPAs), a trade deficit that has shot...
More »Clean Ganga remains a dream -Purnima S Tripathi
-Frontline.in Four years after Prime Minister Narendra Modi’s announcement of the Namami Gange project, the river remains as dirty as ever. WHILE in Varanasi to file his nomination papers for the 2014 Lok Sabha election, Narendra Modi, then the Bharatiya Janata Party’s (BJP) prime ministerial nominee, had declared with his characteristic bravado, “I have not come here on my own. I have been invited by mother Ganga.” He said it was his...
More »Milk and honey for schools -Basant Kumar Mohanty
-The Telegraph New Delhi: The Centre has asked the states to consider serving milk, milk products and honey with their school midday meals, explaining this can be a way of using up the country's surplus stocks of these foodstuff. Nutritionists and health activists have welcomed the move but questioned the objective of exhausting surplus milk powder and honey. Some have cited the absence of additional funding as a deterrent to implementation, for...
More »India needs 30 lakh buses for transport, has only 3 lakh -Dipak K Dash
-The Times of India NEW DELHI: The total number of buses available for transporting general passengers is less than one-tenth of the requirement, posing an enormous logistical challenge. According to government data, there are about 19 lakh buses in the country and only 2.8 lakh of them are run either by state transport undertakings or under stage carriage permits. "We need about 30 lakh buses to meet the requirement of general passengers....
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