-The Hindu The rankings serve as a trusted ready-reckoner for foreign investors looking to invest in a country Chennai: India’s leap in the world bank’s Ease of Doing Business rankings this year has slipped under the radar, in the cacophony over demonetisation and the RBI-Centre spat. The country has, in fact, been one of the biggest ‘improvers’ in the 2019 study, with its rank shooting up from 100 to 77, among 190 countries....
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IMF must not interfere in government vs RBI row: RSS economic wing -Anand Patel
-India Today The IMF had on Friday expressed concerns over the reports of growing interference of the Narendra Modi government in the Reserve Bank of India. Swadeshi Jagran Manch (SJM) -- the economic wing of Rashtriya Swayamsevak Sangh (RSS) -- on Saturday (November 3) asked the International Monetary Fund (IMF) to not interfere in the internal affairs of India. The IMF had on Friday expressed concerns over the reports of growing interference...
More »GDP and jobs not good at tango -Basant Kumar Mohanty
-The Telegraph Higher GDP growth rate has often been accompanied by slowing job growth, an Azim Premji University report says New Delhi: Job creation has not only failed to keep pace with the country’s GDP growth over the decades, a higher GDP growth rate has often been accompanied by a slowing job growth, a recent report says. The State of Working India 2018, a report by the Azim Premji University, would come as...
More »Cong Jan Dhan gripe
-The Telegraph world bank report suggests that 33% of the Jan Dhan accounts were opened by people who already had bank accounts New Delhi: The Congress on Thursday said the Jan Dhan accounts, one of Prime Minister Narendra Modi’s flagship programmes, were “an exercise in mass deception”, aimed at creating propaganda tools for “self-praise” rather than the avowed objective of financial inclusion of the poor. “By December 2016, twenty-four per cent of the...
More »Subverting the Central Bank -Prabhat Patnaik
-Newsclick.in The Modi government has been trying to cut the RBI down to size for quite some time. The Modi government’s penchant for subverting institutions has now extended to the Central Bank of the country. Not content with eliminating the Planning Commission; decimating the finest universities in India; crippling the premier public sector unit of the country, the ONGC, by interfering in its decision making; bringing the nationalised banks to grief by...
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