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India to Pay Additional Rs 68,500 Crore as Foreign Debt Due To Rupee Fall

-News18.com The Indian Rupee has lost more than 11 percent to the dollar this year. The rupee fell past 72 per dollar to a record low on Thursday. New Delhi: With the Indian rupee sinking to record levels against the dollar, the Centre has yet another mega expenditure to cater to – Foreign Debt. At the current rate, India will have to shell out an additional Rs 68,500 crore, according to...

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David Barkin, Professor of Economics at the Metropolitan Autonomous University in Mexico City, interviewed by Kabir Agarwal (TheWire.in)

-TheWire.in Mexican economist David Barkin on India's neoliberal economics, growing inequalities, agrarian distress and more. David Barkin is Professor of Economics at the Metropolitan Autonomous University in Mexico City. He received his doctorate in economics from Yale University and was awarded the National Prize in Political Economics in 1979 for his analysis of inflation in Mexico. His research has focused on the development of an alternative to the capitalist economic model. In an...

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A crop revolution -Anupama Katakam

-Frontline.in The women-led climate-resilient farming model created by Swayam Shikshan Prayog in drought-hit Marathwada has yielded encouraging results and is worthy of emulation across the country. “LOOK at our quinoa. It has grown so well,” says a beaming Shailaja Narwade from Masia village near Solapur in interior Maharashtra. Shailaja has planted the traditional South American plant not for consumption but in order to harvest its seeds. “Quinoa seeds are very valuable...

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India Economic Survey 2018: Arvind Subramanian says economic revival underway; 4 key takeaways -Sushruth Sunder

-The Financial Express India Economic Survey 2018: Chief Economic Advisor Arvind Subramanian says that the Indian economy is showing robust signs of recovery and a series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19. Addressing media in the press conference post release of the economic survey, CEA Arvind Subramanian noted...

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Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)

-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...

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