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Beyond the lament -K Srinath Reddy

-The Indian Express Gorakhpur was only the acute manifestation of the chronic malady that ails our health system Outrage is a natural reaction to the terrible tragedy that cruelly crushed the lives of many innocent children in Gorakhpur. However, outrage is a wasted emotion if it is not accompanied by honest introspection to identify all contributory causes and followed by a cluster of corrective actions. The deaths of these children were caused...

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Economy yet to recover from the body blow of demonetisation, admits Economic Survey -Mayank Jain

-Scroll.in The Economic Survey stated that long term benefits of the exercise are yet to materialise. It is now over nine months since the government suddenly withdraw 86% of India’s currency in November but India’s Chief Economic Advisor Arvind Subramanian remains unsure if this note ban or demonetisation actually helped any sector of the Indian economy, the latest volume of Economic Survey tabled in Parliament on Friday suggests. The Chief Economic Advisor...

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Risks to growth: mid-year economic concerns

-The Hindu Given the recent policy changes, the CEA has done right to flag mid-year concerns Five months after the Economic Survey 2016-17 was released, Chief Economic Adviser Arvind Subramanian has presented the second volume of the annual economic review-cum-prognosticatory report. With the intervening period having provided a wealth of data points and policy developments, including the momentous roll-out of the Goods and Services Tax, there was a clear need to update...

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Rural India's distress conundrum -Ishan Bakshi

-Business Standard Leading economic indicators suggest a recovery is underway It’s difficult to make sense of what’s happening in the rural economy. On the one hand, leading economic indicators suggest a recovery is underway. As Chart 1 shows, unemployment is down and real wage growth is up. Two-wheeler sales are also up — suggesting a recovery in household demand. Yet, rural sentiment has weakened of late as shown in Chart 2. Please...

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DeMolished India's top rank -Jayanta Roy Chowdhury and R Suryamurthy

-The Telegraph New Delhi: India is no longer the fastest-growing major economy in the world: it has lost its bragging rights to China. The Central Statistics Office (CSO) today put out its provisional estimates on national income that showed real GDP growth had tumbled to 6.1 per cent in the fourth quarter (January-March). That is considerably slower than the 6.9 per cent growth that the resurgent Chinese economy racked up during the same...

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