-The Hindu Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...
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El Nino likely to cause loss of Rs 1,80,000 crore this year: ASSOCHAM -Soma Basu
-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...
More »Why blame the farmer for price rise? -Shanu Athiparambath
-DNA Farming is considered a patriotic enterprise, and nearly half of India's labour force is engaged in agriculture and allied activities. Almost everyone believes that in the election season, political parties should pledge to aid this patriotic endeavor to feed the nation. But, farming is a risky profession, and agricultural products form only 14% of India's total produce. After the economic reforms, the growth in agricultural GDP has averaged only 3.4%. Even...
More »UPA-2’s costly mistake: failure to curb rising prices-Asit Ranjan Mishra
-Live Mint A key reason for the surge in anti-incumbency faced by UPA has been its failure to curb inflationary pressures New Delhi: A key reason for the surge in anti-incumbency faced by the Congress-led United Progressive Alliance (UPA) has been its failure to curb inflationary pressures for most of the regime's second tenure. While inflation based on wholesale prices averaged 6.1% during UPA-1 (2004-2009), it was a percentage point higher at 7.1%...
More »The rains may just sail the next government’s boat -Sanjoy Narayan
-The Hindustan Times Once the remaining two phases of India's seemingly never-ending elections are done and dusted and the results are declared, for whoever it might be that wins and gets to form the government, the first thing on the agenda should be to get down on their knees and pray to the rain gods and wish that the monsoon doesn't disappoint this year - that it comes on time and...
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