-The Hindu It is only part of mismanagement of financial institutions under BJP government watch, says ex-Finance Minister The government and the RBI didn’t bother to read the balance sheet of the Yes Bank, former Finance Minister P. Chidambaram said pointing out to the unusual growth in the loan book at the RATe of 35% a year between March 2014 to March 2019. The loan book registered registered a spike especially in 2016-17...

-Newsclick.in Reviving the economy requires, apart from social peace, a powerful fiscal intervention going well beyond what neo-liberalism allows. Changes in estimation methods have of late made statistics on the Indian economy increasingly bewildering; besides, whenever the statistics show the performance of the economy in a poor light, the BhaRATiya Janata Party (BJP) government simply suppresses them. Nothing, however, can suppress the fact that the Indian economy is sliding into a serious...

As body count due to Delhi riots (some call it pogrom) rise above 45, it is essential to look at the official data related to communal incidents in the country. It is from the annual report of the Ministry of Home Affairs (MoHA), one gets information about the number of communal incidents in different years, apart from the number of persons injured and killed in those incidents. There is one...

-The Indian Express Policymakers need to stop thinking about India as a perennially supply-constrained economy focusing almost all policies and reforms to easing these constraints. Instead, it is time to let domestic demand play a greater role in India’s growth story. India’s fourth quarter GDP growth (calendar year 2019) printed another sub-5 per cent growth RATe. It would have been lower had it not been for the large downward revisions to previous...

-The Indian Express The recent tweaks to the Pradhan Mantri Fasal Bima Yojana, including making it 100% voluntary and capping premiums at 30%, are going to be a game-changer. The Centre has recently revamped the Pradhan Mantri Fasal Bima Yojana (PMFBY) that will have far-reaching impact on the implementation of this flagship crop insurance scheme. Launched in the 2016 kharif season, PMFBY makes the insurance companies liable for full risk coverage. Farmers...