-Scroll.in The price of petrol and diesel remains as high even though the cost of importing crude oil has halved from 2011. In 2011 when the cost of oil being imported by India was averaging above $100 per barrel, the retail price that citizens paid for petrol in Delhi averaged Rs 65 per litre. But today, when the cost of importing oil is substantially lower at an average of $50 per...
More »SEARCH RESULT
Total Matching Records found : 4492
What can be done to revive India's sluggish economic growth? Here's what five economists prescribe -Mayank Jain
-Scroll.in Hike government spending, pour money into rural areas, cut interest rates, refrain from disruptive moves like demonetisation. India’s economic growth is slowing but can the government bring it back on track? This is what Finance Minister Arun Jaitley reportedly discussed with ministers and officials Tuesday evening. While a concrete plan to address the problem is apparently being developed with Prime Minister Narendra Modi’s blessing, a section of the industry and...
More »Indian economy in a tailspin: What went wrong -Asit Ranjan Mishra and Gireesh Chandra Prasad
-Livemint.com While investment demand was anyway weak when the NDA came to power in 2014, private consumption has also started decelerating due to demonetisation New Delhi: The National Democratic Alliance (NDA) won a landslide in the 2014 general election with the promise of fast-tracking economic growth and creating jobs. It replaced the Congress-led United Progressive Alliance (UPA) government that was mired in corruption scaNDAls and had mismanaged the economy. Three years on,...
More »Replacing take-home rations with cash transfers in aanganwadis is a terrible idea
-Hindustan Times Women don’t have enough power within households to insist that the cash provided be used for nutritional needs. The THR system is a way to ensure that they at least get some essential nutrition. The decision to do away with take-home rations (THR) in aanganwadis for infants under three and pregnant and lactating mothers, and to replace the scheme with cash transfers is not a good idea. The initial impetus...
More »'Need revenue for public spending,' says Arun Jaitley on high petrol, diesel taxes
-PTI 'If public spending is slashed, it will mean cutting down expenditure on social sector scheme." There is hardly any private investment,' explained Finance Minister Arun Jaitley. Finance Minister Arun Jaitley provided no indication today of any cut in excise duty on petrol and diesel to cushion the spike in rates, saying that the government needs revenue to support public spending without which growth will suffer. States levy a high amount...
More »
