-The Indian Express GDP estimates are advance figures, but by the time they are revised only staid economists will be interested in them Unless we simply dreamt it, demonetisation delivered a massive shock to the economy in early November, which continued well into December because of slow pace remonetisation. The ensuing liquidity crunch affected most informal economic activity and some formal business, and economists generally agreed that declines in demand and disruption...

-Business Standard Data presents a rosy picture but fails to convince New Delhi: For anyone who understand, or at least deludes himself to believe that they understand, how the economy works, the latest data by the Central Statistical Organisation (CSO) on the quarterly gross domestic product (GDP) should come as a shock. Ever since the Prime Minister stunned the nation by announcing demonetisation on November 8 last year, economists of all hue...

-The Financial Express Despite the substantial increase in agricultural credit in the past few years, a few states such as Tamil Nadu, Punjab and (pre-division) Andhra Pradesh continue to corner a large part of it, while most poor farmers in Odisha, Chhattisgarh, Jharkhand and Bihar are still deprived of credit for purchase of basic farming inputs. This scenario has undermined the efficacy of the stepped-up farm credit in boosting agricultural productivity. And...

-The Indian Express The auditor also pointed out that there was no provision in the scheme for purchase of laptop bags and mugs. Chandigarh: Finding loopholes in the implementation of Beti Bachao-Beti Padhao (BBBP) campaign launched by Prime Minister Narendra Modi in 2015, the Comptroller and Auditor General (CAG) found diversion of funds meant for the campaign in Panipat district. According to CAG’s latest report, over Rs 3 lakh were spent on “preparation”...

-The Times of India DEHRADUN: Officials involved in the Pradhan Mantri Awas Yojna (PMAY) are facing a unique problem as many Muslim women beneficiaries of the scheme are insisting on having their pictures clicked only in a burqa. Beneficiaries, all of whom are women, are allotted an amount of Rs 1.60 lakh to construct a pucca house under the scheme. However, before releasing the payment, the beneficiary's picture has to be taken...