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Business leaders seek Rs 1 trillion govt stimulus to revive economy

-PTI Industry leaders met Finance Minister Nirmala Sitharaman in New Delhi for three hours. Businesses on Thursday asked the government for a stimulus package of over Rs 1 trillion to restart investments and revive the economy. Industry leaders, who met Finance Minister Nirmala Sitharaman in New Delhi for three hours, said the government will soon take action to boost economic growth. "The economy requires a critical intervention by introducing a stimulus package. We have...

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India's economy is in such deep slump that lowering interest rates alone won't fix it -Rahul Menon

-Scroll.in/ qz.com There are parallels between India’s economic situation today and the US experience of 2008. The Indian economy is facing one of its most challenging times in years, and policymakers are responding to the crisis through monetary measures, such as tweaking key interest rates. But how far can this go in reviving growth? On August 7, the Reserve Bank of India, in its bi-monthly monetary policy meeting, lowered its growth projection for...

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Kashmir has been cut to the quick -Wajahat Habibullah

-The Hindu The Centre is riding roughshod over Kashmiri public opinion already beset with disaffection In the face of a massive security build-up in Kashmir at the close of July, a seasoned journalist conjectured, “This is just the right time when militants and their masters in Rawalpindi could do with a terror attack in Kashmir.” Such were the arguments trotted out by experienced media persons in seeking to account for the extraordinary...

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India moving: In the times of NRC, a look at where the migrants fit in -Ravish Tiwari

-The Indian Express Census 2011 counted 14.2 crore migrants in the decade preceding it, intra-district to inter-state. Women moved for marriage, men for work, economic reforms drove the change, and Surat emerged as No. 3 destination while Chennai fell far behind. In a country with a long and often violent history of sons-of-the-soil politics, migration is a politically fraught issue. From the attacks on south Indians in Mumbai in the 1960s...

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From Plate to Plough: A win-win deal -Ashok Gulati

--The Indian Express Replacing subsidies with direct cash transfers to farmers’ accounts will empower them as well as consumers. In her budget speech, the Union finance minister (FM) said: “At the centre of everything that we do, we keep gaon, garib aur kisan in mind.” Here then is a small mantra for her to transform the lives of the kisan and the poor in rural areas. Just streamline the food and...

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