-The Telegraph The Reserve Bank of India’s usual strategy of raising interest rates to hold inflation at bay kicked in a bit late and has not been working well so far In India, price inflation has been creeping up in the recent past. The latest data for June 2022 show consumer price index inflation to be 7.01% and wholesale price index inflation to be 15.18%. Food prices, which are an important component...
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As the rupee touches 80 to the dollar, what does this mean for India’s economy? -Deepanshu Mohan
-Scroll.in Costlier imports and the widening of the current account deficit is likely to eat into India’s foreign currency exchange reserves. The Indian rupee touched a historical low, trading almost at Rs 80 against the US dollar on Wednesday. A knee-jerk, macro-analytical response studying India’s currency performance would mistakenly see this trend in isolation, while projecting a weakening of macro-economic fundamentals to be leading towards a depreciation. Looking closely at the numbers it...
More »BJP MP Ravi Kishan to table population control bill as ‘Vishwa Guru’ formula
-Hindustan Times The World Population Prospects 2022 recently highlighted that India’s Total fertility Rate had come down from 5.9 children per woman in 1950 to 2.2 children per woman in 2020, just shy of 2.1 replacement level fertility. BJP MP Ravi Kishan will introduce private members' bill on population control today, days after Union minister Bharati Pravin Pawar told the Rajya Sabha that the government is not contemplating any legislative measures for...
More »Progress in health and education can help in population stabilisation
With the release of a UNDESA report on the World Population Day this year i.e., July 11, once again the debate on who's responsible for the population growth in India has resurfaced. Titled World Population Prospects 2022, the report states that the global population is expected to touch 8 billion on November 15, 2022, and India is projected to exceed China as the world’s most populous country in 2023. As soon as...
More »Citizens dying of hunger, says Supreme Court -R Balaji
-The Telegraph SC asks Centre and states to reach out to farmers and migrants who form the country’s backbone The Supreme Court on Thursday said no person should die of hunger “but that is happening, citizens are dying of hunger,” asking the Centre and the states to reach out to farmers and migrants who form the country’s backbone. “In a welfare society, in our country, two persons are most important — farmers and...
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