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Economy yet to recover from the body blow of demonetisation, admits Economic Survey -Mayank Jain

-Scroll.in The Economic Survey stated that long term benefits of the exercise are yet to materialise. It is now over nine months since the government suddenly withdraw 86% of India’s currency in November but India’s Chief Economic Advisor Arvind Subramanian remains unsure if this note ban or demonetisation actually helped any sector of the Indian economy, the latest volume of Economic Survey tabled in Parliament on Friday suggests. The Chief Economic Advisor...

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Japanese Encephalitis in Gorakhpur: A deadly disease explained -Vidya Krishnan

-The Hindu Gorakhpur offers the only tertiary care centre for Japanese Encephalitis with 100 dedicated beds. * What is Japanese Encephalitis? Japanese Encephalitis (JE) is a mosquito-borne viral infection of the brain. There is, however, a debate about the origin of the disease and whether it is enteroviruses — caused by virus found in pigs and birds. There is no cure for JE. * Why only Gorakhpur? While Gorakhpur has a considerable burden of disease,...

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Economy will decelerate if States resort to farm loan waivers

-The Hindu Business Line Total burden could swell to Rs. 2.7 lakh cr New Delhi: Farm loan waivers could be detrimental to the economy as they could reduce aggregate demand by 0.7 per cent of GDP, imparting a significant deflationary shock to the economy, the Survey said. There is visible farm stress, even though it is not as widespread as it is made out to be, the Survey said, adding that the drastic...

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Economy red flags go up -Jayanta Roy Chowdhury and R Suryamurthy

-The Telegraph New Delhi: India's growth juggernaut has started to lose steam. In the mid-year Economic Survey, chief economic adviser Arvind Subramanian flagged big risks to economic growth and fiscal targets while asserting that the country had entered a "new phase of relatively low, possibly very low, inflation". In the first volume of the survey published in January, the government had forecast GDP growth in the range of 6.75 to 7.5 per cent...

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Food for action: on food security in India

-The Hindu The Supreme Court directive should lead to better access under the Food Security Act The National Food Security Act, 2013, has met with prolonged political indifference, but there is some hope now since the Centre has been asked by the Supreme Court to ensure that States implement key aspects of the progressive law. The directives in the Swaraj Abhiyan case underscore the depressing reality that several State governments have not...

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