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26 child labourers rescued from Parle G biscuit factory in Raipur

-IANS The children were sent to the state government's children home after the rescue and an FIR was lodged under Section 79 of JJ Act. RAIPUR: The District Task Force (DTF) has rescued 26 children from the biscuit Manufacturing unit of a popular brand called Parle-G, who were working there as child labourers, an official said here on Saturday. "Under the direction of District Collector, we carried out an operation and rescued 26...

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Upward GDP revisions for note ban, GST years surprising, says ex-CEA -Asit Ranjan Mishra

-Livemint.com * GDP estimates are based on accepted methodologies, says government * Subramanian made the claims in his latest working paper published on the Harvard University website New Delhi: India’s statistics ministry likely underestimated the impact of demonetization and the rollout of the goods and services tax (GST) on economic activity, leading to an overestimation of gross domestic product (GDP) figures, the finance ministry’s former chief economic adviser, Arvind Subramanian, has said. On 31...

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7 to 4.5%: Ex-CEA cuts GDP estimate between 2011-12 and 2016-17

-The Indian Express While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian New Delhi: In the midst of a raging controversy over India’s economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has concluded that the country’s growth has been overestimated by around 2.5...

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The farm-factory connect -Ashok Gulati

-The Indian Express Raising farm productivity is the first step to increasing rural demand and reviving the Manufacturing sector As per the last report of National Statistical Office (NSO) released on May 31, the Gross Value Added (GVA) at basic prices (2011-12 prices) for the fourth quarter (Q4) of 2018-19 has slumped to 5.7 per cent for the overall economy, 3.1 per cent for Manufacturing, and -0.1 percent for agriculture, forestry...

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Make up for lost time -Puja Mehra

-The Hindu Narendra Modi must leverage the public trust voters have placed in him to get the economy on track Prime Minister Narendra Modi’s election campaign, staying clear of bread-and-butter issues, successfully swayed voter attention away from economic hardships. Having won a thumping mandate, his government in its second tenure must now devote itself to a well-thought-out strategy for economic reforms. The bad news Official estimates released on Friday, the new government’s first day...

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