-The Telegraph New Delhi: Former Prime Minister Manmohan Singh today directly linked the slowdown in Growth to demonetisation, pointed out that private investments had almost dried up and expressed deep concern over a jobs crunch. The most authoritative Opposition voice on the economy was speaking at the Congress Working Committee meeting, five months after describing demonetisation as "organised loot and legalised plunder" and warning that Growth would be severely affected. "India's GDP numbers...
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Stunting scare for Bihar's children -GS Mudur
-The Telegraph New Delhi: Four out of every 10 children in Bihar suffer from stunting, a condition marked by impaired Growth and development, despite overall improvements by the state on several measures of nutrition over the past decade, a report has said. The report by the International Food Policy Research Institute (IFPRI) that analysed changes in Bihar between 2006 and 2016 has found that in 36 out of the state's 38 districts,...
More »Where are the jobs? -Himanshu
-Livemint.com The BJP government, which came to power on the promise of creating 20 million jobs per year, has not yet recognized the gravity of the situation The Central Statistical Office (CSO) has released the full-year Growth estimates for 2016-17. These had been much awaited given the uncertainty over the impact of demonetization. These were on expected lines, with fourth quarter Growth in gross value added (GVA) in 2016-17 declining to 5.6%...
More »World Environment Day: Despite increasing green cover, India is losing its forests -Malavika Vyawahare
-Hindustan Times Between 1880 and 2013 India lost about 40% of its forest cover. Today, 24% of its area is under forests or 7 lakh sq km, according to government data. The area under forest and tree cover has grown by 5,081 sq km between 2013 and 2015. “Do not erect a memorial when I die, but plant a tree if you loved and respected me,” Union environment minister Anil Madhav Dave...
More »GDP flop-show: Manmohan Singh has the last laugh in war of words with Narendra Modi over note ban -Dinesh Unnikrishnan
-Firstpost.com If one purely compare the January-March quarter GDP Growth of fiscal year 2017 and fiscal year 2016, former Prime Minister Manmohan Singh’s prediction that demonetisation will shave off 2 percentage points of India’s GDP has come true. In the January-March quarter of FY16, GDP grew by 9 percent, which has come down to 6.1 percent in the corresponding quarter this year— a near 3 percentage point difference. Even the full...
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