-The Hindu Business Line Lowering the exchange rate to boost exports, a grant-based stimulus for auto sector and reviving stalled power projects will help The slowdown in the Indian economy is far steeper than what most observers had expected. The government has announced a set of measures for revival. It has also indicated that more are in the pipeline. For this to have become necessary within weeks of the presentation of the...
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The problem of skilling India -Christophe Jaffrelot & Vihang Jumle
-The Indian Express India’s employment crisis calls for more government expenditure in education, adequate training. Prime Minister Narendra Modi, in his recent Independence Day speech, said, “We need to worry about population explosion”. These words stand in stark contrast to his previous references to India’s demographic dividend where the country’s population was seen as an asset. This shift reflects a new awareness, according to which demography brings a dividend only if...
More »Crop Diversification, not 'maniacal' river linking, is solution to water crisis: Ex-Planning Commission Member Mihir Shah -Aditya Sharma
-News18.com Calling for reorganisation of the agriculture sector and crop diversification, Mihir Shah said that agriculture must be thought of as an enterprise. Delhi: Incentivising cultivation of water-efficient crops and not “maniacal” river-linking is the need of the hour as the crippling water crisis bears down on India’s agrarian economy, former Planning Commission member and water conservationist Dr Mihir Shah has said. Calling for a reorganisation of the agriculture sector and crop...
More »Solution to economy's woes: Boost incomes of those who will spend it best -Harish Damodaran
-Financial Express Two measures can do much to bring back price sentiment and liquidity in agricultural markets, just when farmers are set to harvest a bumper crop. The current economic slowdown began with Bharat. It has to also end with Bharat. According to the National Statistical Office’s GDP estimates for April-June 2019 released on Friday, India’s agriculture sector — which includes forestry and fishing — grew 2.04% year-on-year during the quarter....
More »GDP shocker: India's position slips among world's fastest growing economies -Dipu Rai
-IndiaToday.in Data shows that consumption and investment demand are declining. Private final consumption expenditure grew by only 3.1 per cent (a 4.5-year low), while fixed capital formation grew by four per cent, 0.4 per cent less than the last quarter of the financial year 2019. Gross Domestic Product or GDP is a tool to measure and compare how good or bad countries are doing economically. Recent data of the first quarter of...
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