-Newsclick.in Even as the growth rate of the Indian economy is slowing down, and the index of industrial production (IIP) is actually showing negative growth for three consecutive months, August to October (over the corresponding months a year ago), the inflation rate in the economy has started accelerating. Significantly, the acceleration in inflation has been the sharpest precisely during these very months when the contraction in industrial output has been the...
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IIP shrinks again, inflation accelerates
-The Hindu Food inflation is at a 40-month high Industrial activity contracted for the third consecutive month in October by 3.8%, driven by a fall in activity across sectors, according to official data released on Thursday. Separate data showed that retail inflation had surged to a 40-month high of 5.54% in November, driven by rising food inflation. The Index of Industrial Production (IIP) had contracted by 4.3% in September and 1.1% in...
More »For 5 years now, CSIR has not made its annual reports public -TV Jayan
-The Hindu Business Line India’s largest public-funded research institution, the Council of Scientific and Industrial Research (CSIR), has not made its annual reports and account details public for the past five years, a major departure from a norm practised for decades. The CSIR has not submitted its annual reports to Parliament since 2013-14 even though some insiders claim the institution has prepared these reports and had its accounts audited every year. Please click...
More »Widening gap: On UN's Emissions Gap Report
-The Hindu India must use green technologies to boost growth and become a climate leader The UN’s Emissions Gap Report comes as a sharp warning to countries preparing to meet in Madrid in December, under the aegis of the UN Framework Convention on Climate Change, that every year of inaction is jeopardising the main goal of the Paris Agreement: to keep the rise in global temperature over pre-industrial times well below 2°C,...
More »In variance with the official growth story -R Nagaraj
-The Hindu Surveys, including the recently leaked one on consumer expenditure, point to the economy’s dire state How fast has India grown lately? And, what are the yardsticks on which the country’s performance is being measured? These have remained contentious questions. Following the last decade’s boom, the economy was slowing after 2011-2012, but apparently turned around under the National Democratic Alliance (NDA) regime. Until very recently, the government claimed the economic success...
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