-The Times of India NEW DELHI: After a major thrust on highway during the last five years, the next government faces the prospect of a sharp slowdown in highway development due to funding constraints and rising project costs, primarily on account of a spike in land acquisition RATes. The result: Only 4,600km of the announced 12,000km may actually be taken up during the current financial year. The situation is so grim that...
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The middle income trap that India must avert
-Livemint.com A top economic adviser has flagged the risk of stagnation that lack of inclusive growth could cause. We must reduce inequality and help everyone achieve upward mobility The warning by RAThin Roy, a member of an economic panel advising Prime Minister Narendra Modi, that India could be headed for a “structural crisis" has sparked a debate on whether the economy’s days of high single-digit growth RATes are a thing of the...
More »Could the single engine driving India crash? Yes, if you go by one of Modi's top guys
-The Economic Times At a time when the shadow of a slowdown lengthens but the government steadfastly downplays any such concern, here comes a cracker of an observation from one of India's most celebRATed economists who also happens to be a vital cog in Modi's policy team. In an interview to NDTV, RAThin Roy, member of the Prime Minister's Economic Advisory Council (PMEAC) and Director of National Institute of Public Finance &...
More »Of shells, companies and GDP -R Nagaraj
-The Hindu The government must put the MCA-21 data under scrutiny and bring transparency in calculating corpoRATe output About a third of non-government non-financial companies in the services sector are not traceable is the finding of a National Sample Survey Office (NSSO) survey for 2016-17 that has just been released. Since such entities could be shell/fake/bogus companies included in the MCA-21 database of “active” companies used for estimating the gross domestic...
More »After Haryana Bt Brinjal find, activists seek pan-India probe -Vishwa Mohan
-The Times of India NEW DELHI: A day after confirmation of illegal cultivation of genetically modified (GM) brinjal - Bt Brinjal - in a small farm in Fatehabad district of Haryana, a group of farm activists on Saturday wrote to Union environment ministry seeking its direction to government agencies for time-bound investigations beyond Haryana as they suspect that the cultivation of this transgenic variety of food crop may not be limited...
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