-The Indian Express The ongoing price recovery in major crops is in danger of being stymied by knee-jerk government response. A lot of analyst commentary on the latest quarterly GDP numbers for India has focused on the low growth in “nominal” terms: Gross value added (GVA) at current prices grew by just 6.3% year-on-year in July-September and 7.1% for April-September. If this first-half trend holds for the rest of 2019-20, it would...
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Rathin Roy, Director of the National Institute of Public Finance and Policy, interviewed by Puja Mehra (The Hindu)
-The Hindu The slowdown is an outcome of supply-side constraints, says the economist The official GDP Growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister’s Economic Advisory Council, discusses the causes of the economy’s troubles and suggests possible remedies. Edited excerpts: * The Finance Minister says the economy is...
More »Rathin Roy, Director of the National Institute of Public Finance and Policy, interviewed by Puja Mehra (The Hindu)
-The Hindu The slowdown is an outcome of supply-side constraints, says the economist The official GDP Growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister’s Economic Advisory Council, discusses the causes of the economy’s troubles and suggests possible remedies. Edited excerpts: * The Finance Minister says the economy is...
More »Pronab Sen, director IGC India, interviewed by Asit Ranjan Mishra (Livemint.com)
-Livemint.com Pronab Sen, director IGC India, speaks about the state of the economy, the challenge before the 15th Finance Commission and the controversy surrounding India’s statistical system NEW DELHI: Pronab Sen, country director of the International Growth Centre (IGC), had a long and distinguished career in the government as the principal adviser in the Planning Commission, the first chief statistician of India as well as the chairman of the National Statistical Commission....
More »GDP makes it official: India's economy is on a graveyard spiral -Sunitha Natti
-The New Indian Express The latest growth print also implies that restoring both India's fastest growing economy tag and the ballyhooed USD 5-trillion target will be further delayed It's official. India's economy has been reduced from flesh to bone with September quarter GDP Growth crashing to a 26-quarter-low of 4.5 per cent. Just a quarter before, it grew at 5 per cent, which now appears respectable than the latest print. The Central Statistics Office's...
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