-The Indian Express Despite the directions from the state government, migrant labourers can be seen walking on the roads to reach their destinations.Avinas Ahmedabad: Shambu Prasad, a 22-year-old migrant worker from Bihar, lost his job on the very first day when the Gujarat government announced a three-day lockdown on April 22 in the wake of COVID-19 outbreak. With just Rs. 50 in his pocket and a few kilograms of wheat flour, Prasad,...

-The Hindu It is too ambitious, spectacularly ill-timed, and has brought in too many sectors into its fold On September 25, 2014, the Indian government announced the ‘Make in India’ initiative to encourage manufacturing in India and galvanize the economy with dedicated investments in manufacturing and services. Immediately after the launch, investment commitments worth crores were announced. In 2015, India emerged as the top destination for foreign direct investment, surpassing the U.S....

-The Indian Express manufacturing growth is seen slowing to 2.0 per cent in 2019-20 from 6.9 per cent last year, while construction is expected to post a growth of 3.2 per cent in 2019-20 from 8.7 per cent last year. WITH A sharp slowdown in manufacturing and construction, and the only major support coming from government expenditure, the Gross Domestic Product (GDP) growth rate is seen slumping to 5.0 per cent, the...

-The Hindu 5% estimate in line with RBI forecast. The government expects the country’s gross domestic product (GDP) to grow at a slower pace of 5% for the full year 2019-20, as compared to 6.8% in the previous year, according to the first advance estimates released by the Statistics Ministry on Tuesday. This estimate is in line with projections made by the Reserve Bank of India, which had revised GDP growth downwards to...

-Macroscan.org/ The Hindu Business Line The slowdown in registered manufacturing draws attention to the structural crisis afflicting the Indian economy, which is both generalised and deep. Please click here to read more. ...