-The Indian Express Government must address the stress in the rural economy, seen in falling wages and incomes, which could reverse recent progress in rural areas Last year in February, Prime Minister Narendra Modi had exhorted voters to vote for his party in the Delhi assembly election, claiming that his victory in the general election had brought luck to the country. Unfortunately, the voters of urban Delhi were not convinced and...

-Economic and Political Weekly Abhijit Sen (abhijitsenjnu@gmail.com) retired recently from the faculty of the Centre for Economic Studies and Planning, Jawaharlal Nehru University; he has also been a Member of the Planning Commission and then of the Fourteenth Finance Commission. Indian agriculture is once again in a slowdown. After the spurt of 2004-05--2011-12 when growth accelerated and the variability of production declined, in recent years growth has slowed and volatility has risen....

-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...

-The Hindu The latest GDP data released by the Central Statistics Office (CSO) raise more questions than they answer. While on the face of it, the projection of 7.6 per cent growth at constant prices for the fiscal year ending March 31 sounds both attainable and impressive, a closer look at the other sets of numbers, including the third-quarter reading, raises some flags. The pace of economic expansion is estimated to...

-The Asian Age Is the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) a “living monument” of the failure of the economic policies of the Indian National Congress which has ruled the country for all but roughly 14 years since August 1947? Or is it that the MGNREGA, a law enacted a decade ago which seeks to implement the world’s biggest and most ambitious job creating scheme, one of the few...