-ThePrint.in Growing CAD, weak bank deposit growth, and fiscal deficit surpassing estimates cause for worry. The Central Statistics Office (CSO) recently released the Second Advance Estimates (2nd AE) for 2017-18, and the 3rd quarter GDP growth figures for October-December 2017. The new numbers have added some cheer to the disappointing state of affairs in the economy. The aggregate gross domestic product (GDP) registered a healthy growth of 7.2 per cent, while the gross...
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Agricultural sector growth slows down to 3%, show new estimates
The Central Statistics Office (CSO) has recently made an upward revision to the growth to be experienced by the agrarian economy in the present crop year (viz. from July, 2017 to June, 2018). The growth in real Gross Value Added (GVA) by the agrarian sector as a whole is expected to be 3.0 percent in 2017-18 as per the second advance estimates of national income for 2017-18, which was released...
More »After a brief decline, India's misery index spikes again in 2017 -Pramit Bhattacharya
-Livemint.com Unless economic misery is alleviated soon, the Narendra Modi-led BJP may have to face angry voters in 2019 general elections New Delhi: A year back, there seemed to be no stopping Narendra Modi. After a landslide victory in the Uttar Pradesh elections, the Modi-led Bharatiya Janata Party (BJP) seemed to have acquired an aura of invincibility. But that aura has diminished somewhat over the past few months as anti-incumbency has grown....
More »Too clever by half? -Venkatesh Athreya
-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...
More »Taking their cue from economic survey, activists attack govt for failing to address farm concerns -Vishwa Mohan
-The Times of India NEW DELHI: Flagging poor returns to farmers due to low minimum support price (MSP) and inadequate market interventions, farm activists on Tuesday demanded setting up a permanent statutory commission on farmers' income and asked the government to take measures to ensure remunerative prices to cultivators and make the farming climate resilient. Pointing at the economic survey which found only a slight increase in real agriculture income in the...
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