-The Hindu Why is the scenario of rising prices and falling growth a cause for worry? Can the government or the Reserve Bank of India do anything? The story so far: The rise in retail price inflation to a nearly six-year high of 7.35% in December has led to increasing worries that the Indian economy may be headed towards stagflation. The current rise in retail inflation has been attributed mainly to the...
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The puzzle of inflation going up despite low demand in India -Himanshu
-Livemint.com The government’s inordinately large food stockpiles have resulted in an artificial market scarcity On 7 January, the ministry of statistics released India’s advance estimates of national income for 2019-20, pegging the economy’s growth rate this financial year at 5%. Based on data available for the first two quarters, this seems an overestimate. Most indicators suggest that actual growth may be lower than 5%. This is bad news, especially since there is...
More »More unemployed and self-employed people committed suicide than farmers in 2018, show NCRB data
-PTI Students and un-employed victims accounted for 7.6% (10,159) and 9.6% (12,936) of total suicides respectively. At least 35 unemployed and 36 self-employed people on an average ended their lives every day in 2018, with the two categories together accounting for 26,085 suicide deaths during the year, according to official data released by the National Crime Records Bureau (NCRB). Unemployed persons (12,936) were slightly behind those self-employed (13,149) who took their own lives,...
More »data Protection Bill: JPC to invite views from all stakeholders
-The Hindu MPs raise questions on privacy, purpose and Srikrishna panel report The Joint Parliamentary Committee on Personal data Protection Bill will throw open its doors for all stakeholders to express objections and point out loopholes in the proposed legislation, the panel decided at its first meeting held on Thursday. IT Secretary Anshu Prakash gave a presentation giving details of the bill. “Today was just a preliminary briefing, we didn’t go into the bill...
More »So easy to copy? Rs 2,000 notes make 56% of all seized fake currency, shows NCRB data -Mukesh Rawat
-IndiaToday.in NCRB data show fake notes of Rs 2,000 entered the market days after PM Narendra Modi's demonetisation announcement. Today they are the biggest contributors to the value of seized counterfeit currency in India. "In a country's history, there come moments when every person feels he too should be part of that moment, that he too should make his contribution to the country's progress. Such moments come but rarely," said Prime Minister...
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