-Livemint.com The estimates of GDP and other related aggregates for the period 1993-94 to 2013-14 have been calculated by an NSC committee using a so-called production shift method New Delhi: India’s economy grew in double digits twice during the previous United Progressive Alliance government (UPA) under Prime Minister Manmohan Singh, 10.23% in 2007-08 and 10.78% in 2010-11, according to back series calculations by a committee appointed by the National Statistical Commission. However, the...
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David Barkin, Professor of Economics at the Metropolitan Autonomous University in Mexico City, interviewed by Kabir Agarwal (TheWire.in)
-TheWire.in Mexican economist David Barkin on India's neoliberal economics, growing inequalities, agrarian distress and more. David Barkin is Professor of Economics at the Metropolitan Autonomous University in Mexico City. He received his doctorate in economics from Yale University and was awarded the National Prize in Political Economics in 1979 for his analysis of inflation in Mexico. His research has focused on the development of an alternative to the capitalist economic model. In an...
More »Per capita income, human development rankings puncture holes in India's GDP rise story -Sakshi Arora
-ThePrint.in GDP per capita of $1,940 shows the average Indian is less prosperous than those in some of our neighbouring countries. New Delhi: India is now the sixth largest economy in the world with a gross domestic product (GDP) of $2.597 trillion, according to World Bank data for 2017, updated this week. It has surpassed, among other countries, France which has a GDP of $ 2.582 trillion. The data points to a rapidly...
More »India heading for comprehensive healthcare crisis: Amartya Sen
-IANS NEW DELHI: India spends just a little over one per cent of its GDP on healthcare and this is leading the country into "a comprehensive healthcare crisis", according to Nobel laureate and noted economist Amartya Sen, who has called for greater allocation on healthcare in India and highlighted what he calls "three general failures" in the country's healthcare segment. "The fact that India allocates only a little over 1 per cent...
More »The food economy: A Catch-22 for policymakers
-Livemint.com The best way to double the real incomes of Indian farmers would be to halve their numbers through job creation in other parts of the economy The Narendra Modi government last week announced sharp increases in minimum support prices (MSPs) for a variety of farm products. The move itself is not unexpected. The first sign that the Modi government would shift away from its earlier strategy of minimal hikes to douse...
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