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Freebies work in the short term & aren't really free -Puja Mehra

-Livemint.com * There is no such thing as a freebie in economics because ultimately somebody has to bear the cost of the supposedly free giveaways * CAG’s financial audit for 2013-18 concluded that delhi has no debt sustainability issues as its GSDP grew faster than its public debt The Aam Aadmi Party’s win in the delhi elections has inspired others to replicate its strategy. The West Bengal government’s last full budget before state...

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NSO will not release report showing first decline in consumer expenditure in 40 years -Somesh Jha

-TheWire.in Consumer spending surveys help set the base year for key macroeconomic data, including gross domestic product. New delhi: More than a month after National Statistical Commission (NSC) chairman Bimal Kumar Roy said the official survey report showing a dip in consumer spending for the first time in over four decades would be made public, the autonomous data body decided against releasing the report. When asked why the NSC departed from its earlier...

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Retail inflation: Why your grocery bill could remain high -Surabhi

-The Hindu Business Line Onion prices may be cooling, but food inflation likely to remain high; core inflation a worry Consumers staring at rising prices are unlikely to have much reprieve. Analysts believe that retail inflation may be peaking now but caution that prices will remain high in coming months. So while onion prices have come down, your monthly grocery bill could still be on the higher side for the first half of...

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Reducing custodial deaths -MP Nathanael

-The Hindu The Indian police continue to torture suspects in custody as they are rarely punished On October 13, 2019, Pradeep Tomar, a security guard, rushed with his 10-year-old son to Pilkhua police station in Hapur district in Uttar Pradesh. He had been summoned for interrogation in connection with a murder case. The son later said that his father was brutally tortured by the policemen in front of him for hours. When...

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No plan to amend Constitution to include Net access as fundamental right, says Ravi Shankar Prasad

-The Hindu Minister for Communications justifies imposition of Internet blockade in Jammu and Kashmir New delhi: Minister for Communications Ravi Shankar Prasad on Thursday justified the imposition of Internet blockade in Jammu and Kashmir by stating that national security trumped over the right to use the Internet and the blockade would be reviewed periodically based on the law and order situation in the region. Mr. Prasad, who was answering a question in the...

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