Recent media reports point out that the Bundelkhand region of Uttar Pradesh is likely to get about Rs. 6,300 crore projects ahead of the upcoming Uttar Pradesh assembly polls, including a Rs. 400 crore worth plant for the propulsion system of anti-tank guided missiles in Jhansi. The foundation was laid for the first project in the Jhansi node (related to the Uttar Pradesh Defence Industrial Corridor) on November 18, 2021. The two...
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Assam's Growth rate declines, fiscal deficit, debts rose in 2019-20: CAG
-PTI/ Business Standard Assam has recorded a decline in its Growth rate while its fiscal deficit, outstanding debt and public debt have increased significantly at the end of 2019-20, a CAG report said Guwahati: Assam has recorded a decline in its Growth rate while its fiscal deficit, outstanding debt and public debt have increased significantly at the end of 2019-20, a Comptroller and Auditor (CAG) report on state finance for the period...
More »As Uttar Pradesh Heads to Polls, How Does the Yogi Govt's Economic Performance Hold Up? -Santosh Mehrotra
-TheWire.in Employment trends are dismal under the 'double engine government' of Modi and Adityanath. Several claims made in ads do not appear to hold up. Uttar Pradesh’s per capita income was barely half (Rs 41,023) of India’s average (Rs 86,659) in 2019-20. The per capita income of UP (at 2011-12 prices) is ranked 32 out of 36 states and Union Territories. That the state’s economy has been one of the poorly performing...
More »GDP Numbers: What’s Wrong With How India Measures Manufacturing Output Data -Kaushal Shroff
-TheWire.in A claim of an 8.4% real GDP Growth rate has little relevance even as rural India battles plummeting wage levels, depleted incomes and widespread unemployment. With the release of the GDP figures for the quarter ending September, the government machinery has been in full swing advancing the narrative that economic Growth is indeed back on track. However, sorely missing from these narratives is the inconvenient factoid on the currently dismal state of...
More »Kerala and Tamil Nadu bucked the trend of falling Total Fertility Rate, indicates the latest NFHS data
After the release of the second phase data of the National Family Health Survey Fifth Round (NFHS-5), media commentators and experts have written that the Total Fertility Rate (TFR) for India has gone down just below the replacement-level fertility. The TFR for the entire nation was 2.2 in 2015-16, which decreased to 2.0 in 2019-21. According to the United Nations, the replacement-level fertility is reached when the TFR of a...
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