-The Hindu A major solution to the present economic crisis is to go in for inclusive growth; it also means shared prosperity The Indian economy is going through a severe crisis: a slowdown as well as a structural crisis. In the words of the former Chief Economic Adviser, Arvind Subramanian, it is headed towards the ICU. Almost all sectors of the economy are in decline: the rate of growth of the national...
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Undermining the Republic -Prashant Bhushan & Cheryl D'souza
-The Indian Express There is deliberate ambiguity regarding citizenship laws and policies, their implementation. These threaten to undermine the basic values of the Indian Constitution. Rattled by the widespread agitation against the Citizenship Amendment Act, which, coupled with the National Register of Citizens, is rightly seen as the first concrete step to establish a Hindu Rashtra. Prime Minister Narendra Modi claimed at Ramlila Maidan that there is no move by the government...
More »It's official: GDP rate seen slumping to 5% -Aanchal Magazine
-The Indian Express Manufacturing growth is seen slowing to 2.0 per cent in 2019-20 from 6.9 per cent last year, while Construction is expected to post a growth of 3.2 per cent in 2019-20 from 8.7 per cent last year. WITH A sharp slowdown in manufacturing and Construction, and the only major support coming from government expenditure, the Gross Domestic Product (GDP) growth rate is seen slumping to 5.0 per cent, the...
More »Government projects slower GDP growth
-The Hindu 5% estimate in line with RBI forecast. The government expects the country’s gross domestic product (GDP) to grow at a slower pace of 5% for the full year 2019-20, as compared to 6.8% in the previous year, according to the first advance estimates released by the Statistics Ministry on Tuesday. This estimate is in line with projections made by the Reserve Bank of India, which had revised GDP growth downwards to...
More »New hunger games in jobless Bharat -Sayantan Bera
-Livemint.com * A ground report reveals the rural landless poor are struggling to find work, and cutting down on staple food items * The govt needs to urgently expand the food safety net as it is sitting on surplus foodgrain stocks. The rural jobs scheme needs more funding and prompt payments CHITRAKOOT/ PANNA: It is well past 2 in the afternoon, but the wall clock hanging in Seema’s bare room is stuck at...
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