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Declining bank credit indicates poor economic performance

Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...

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It's time to give priority to women's work participation

MG Road is seldom considered as a safe place for working women who travel for work to either Gurgaon or Delhi. Almost everyday untoward incidents related to molestation, sexual harassment, kidnapping or rape that occur here are reported in various NCR-based newspapers. Clearly, safety of women office-goers and female workers is one of the major determinants of their (low) labour force participation, even in urban locations like Gurgaon or Delhi....

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India's population to surpass China's by 2030: UN report -Ishan Bakshi

-Business Standard Between 2017 and 2050, half of the world's population growth will be concentrated in nine countries Roughly seven years from now, India’s population is expected to surpass that of China, reaching 1.5 billion by 2030, according to the revised population estimates of the United Nations. China’s population currently at 1.41 billion compared to 1.34 billion of India. By 2024, both are expected to have roughly 1.44 billion people each. India’s...

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India Development Update: Unlocking Women's Potential (2017) -World Bank

-The World Bank India has among the lowest female labor force participation rates (LFPRs) in the world. In particular, low female LFPR is a drag on Gross Domestic Product (GDP) growth and an obstacle towards reaching a higher growth path. Women are also an untapped source of managerial and entrepreneurial skills. By excluding women, the pool of such talent becomes shallower and growth suffers. If the overall lack of jobs, especially...

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Trump pulls US out of Paris pact, blames India and China -Varghese K George

-The Hindu "India makes its participation contingent on receiving billions of dollars in foreign aid," he said. The Paris climate agreement gives undue advantage to India and China at the cost of U.S interests, President Donald Trump said on Thursday, announcing America’s withdrawal from the pact. “China will be allowed to build hundreds of additional coal plants. So we can’t build the plants, but they can, according to this agreement.  India will...

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