-BusinessToday.in The unemployment rate for the month is highest since August 2016, reflecting an overall economic downturn in the country India's unemployment rate rose to a three-year high of 8.48 per cent in October, up from 7.2 per cent in September, says the data released by the Centre for Monitoring Indian Economy (CMIE) on Friday. The unemployment rate for the month is highest since August 2016, reflecting an overall economic downturn in...
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India's growth is in barely positive territory: US think tank
-PTI As against India's real growth rate of 6.8 per cent in 2018, the IMF in its latest World Economic Outlook projected the country's growth rate at 6.1 per cent for 2019. WASHINGTON: India's growth is in barely positive territory, a top American think tank has said, noting that several key indicators are not just slowing down, but in absolute decline. In a study, two scholars from the Centre for Global Development (CGD)...
More »Core sector output shrinks by 5.2% in September
-PTI * Output of core infrastructure industries shrank by 5.2% in September 2019 as seven of eight sectors witnessed negative growth * During the April-September period, the growth of core industries fell to 1.3% against 5.5% in the year-ago period NEW DELHI: Output of core infrastructure industries shrank by 5.2% in September 2019 as seven of eight sectors witnessed negative growth, according to official data released on Thursday. The eight core sectors had expanded...
More »Diseases linked to a degraded environment continue to ravage India -Vibha Varshney
-Down to Earth Despite the increasing burden respiratory infections and water borne disease, the budgetary allowance for health has steadily dipped in the last few years, according to the National Health Report A degraded environment filled with air and water pollution continues to affect health of people in India, according to the National Health Report (NHP) released on October 31, 2019. Air pollution-linked acute respiratory infections contributed 68.47 per cent to the morbidity...
More »Govt may pump more funds into NREGS to boost rural economy -Saubhadra Chatterji & Zia Haq
-Hindustan Times Many analysts have underlined that the BJP’s below-par performance in the Maharashtra and Haryana assembly elections reflected concern, among other factors, about the economy, which slumped to a growth rate of 6% in the three months to June 30, the slowest pace in over six years. The government has already spent nearly 80% of its full-year budget for the flagship rural job guarantee programme, top officials said on Friday,...
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