-The Indian Express In his blog, S C Garg, former Economic Affairs secretary, has claimed that the actual fiscal deficit for the last financial year and the current one is more than a full percentage point higher than the official data. On the face of it, India’s fiscal deficit, which essentially Maps how much money the Indian government has to borrow to make up the gap between its expenditure and its revenues,...
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Explained: Why even the government expects India's GDP to grow at 5% this year -Udit Misra
-The Indian Express Business investment grew by less than 1 per cent, which bodes ill for India's long-term growth. According to the data released by the Ministry of Statistics and Programme Implementation (MoSPI), India’s gross domestic product will grow by just 5 per cent in the current financial year (2019-20). Last financial year, 2018-19, the Indian economy grew at 6.8 per cent. The gross value added (GVA), which Maps the economic activity...
More »Are we ready to use drones to map India? -Shyam Krishnakumar & Titiksha Vashist
-The New Indian Express The Survey of India plans to use drones to create a high-resolution map of every inch of India. It comes with unprecedented privacy and security challenges The Survey of India (SoI) has embarked upon an ambitious project of using drone imaging to create an ultra-high resolution spatial and topographic map of India. Professor Ashutosh Sharma, Secretary, Department of Science and Technology, calls it the biggest endeavour in Indian...
More »Not many lessons learnt from water planning failures -J Harsha
-The Hindu In the absence of scientific planning and implementation, measures like Jal Shakti Abhiyan may not be successful Following the massive water crisis across India in the summer of 2019, the Central government hurriedly launched the Jal Shakti Abhiyan (JSA), a time-bound, mission-mode water conservation campaign to be carried out in two phases, across the 255 districts having critical and over-exploited groundwater levels. This campaign, however, was not intended to be...
More »Real rural wages plunge 3.8 per cent in September -Harish Damodaran
-The Indian Express The daily wage rate in rural India for male workers across 25 occupations (12 agricultural and 13 non-agricultural) averaged Rs 331.29 during September, as per field data compiled by the Labour Bureau. Real rural wages growth has fallen to an all-time-low of minus 3.8% in September, further confirming the deep structural slowdown in ‘Bharat’ that is also evidenced in sluggish fast-moving consumer goods (FMCG) and two-wheeler sales. The daily wage...
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