-Livemint.com Uttar Pradesh fared better under BSP rule than SP regime in economic activities In an attack against Bahujan Samaj Party (BSP) leader Mayawati, Uttar Pradesh chief minister Akhilesh Yadav, on Monday said that if the people of the state vote for development, they would elect the Samajwadi Party (SP) government again as it has outpaced the previous government on the development front. A quick analysis of some of the development indicators in...
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India hunger levels ranked as "Serious" in 2016: Global Hunger Index -Rhythma Kaul
-Hindustan Times New Delhi: Hunger levels in developing countries may have fallen 29% since 2000, but India was still rated as a country with ‘serious’ hunger levels in the 2016, shows Global Hunger Index that was released on Tuesday. Despite improvements in hunger and nutrition over the years, India still has a long way to go before it is able to achieve the United Nations goal to end hunger by 2030 If hunger...
More »Indian MSMEs yet to reap the benefit of Govt. schemes, says a recent report
A recently released report shows that only a few enterprises belonging to the labour-intensive Micro, Small and Medium Enterprises (MSME) sector could take advantage of the 205 number of public schemes (available in October 2015) of various Ministries or Departments of the Government, as listed at the website www.clusterobservatory.in. (Please click here to access the report on MSMEs and the challenges they face). Prepared by the Foundation for MSME Clusters...
More »Government can now fix retail prices of essential commodities
-PTI This rule will apply to essential commodities that are sold both in loose and packaged form in retail markets To check inflation, the government has amended the metrology rules which would allow it to fix retail prices of essential commodities like pulses and sugar in extraordinary situations. Under the present system, retail prices are fixed by market forces, leaving very little room for the government to check undue spike in prices. “We have...
More »How's the economy really doing? -TCA Sharad Raghavan
-The Hindu There are multiple ways to arrive at an answer, but each metric points in a different direction. If someone asks you how the Indian economy is doing, how would you answer? Would you say that the Gross Domestic Product and Gross Value Added (GVA) are both above 7 per cent, and so the economy is growing strongly? Or would you say that the Index of Industrial Production (IIP) has contracted for two straight...
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