-Financial Express After government estimates said that Indian agriculture could be heading for bumper kharif crop harvest, experts say that it could provide a major fillip to rice Exports. However, the development could potentially put increased pressure on the government to buy the crops at the MSPs, if market rates fall below the benchmark rates on bumper arrivals at mandis. According to government estimates production of kharif foodgrains for 2018-19 crop year...
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Maitreesh Ghatak, Professor of Economics at London School of Economics, interviewed by Tathagata Bhattacharya (National Herald)
-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
More »2008 global financial crisis: What government overdid, or didn't do -P Vaidyanathan Iyer
-The Indian Express India bounced back from 2008 crisis thanks to stimulus packages, but faltered by letting these continue. And it still has a long way to go in ensuring greater coordination between govt and financial regulators. India did not have a rulebook to refer to a decade ago when it was hit by a seismic shock with its epicentre some 12,500 km away. In the initial days post the Lehman collapse...
More »Pronab Sen, former Chief Statistician of India, interviewed by TCA Sharad Raghavan
-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...
More »Why Indian government Exports petrol at half the price we pay -Anand Patel
-IndiaToday.in New Delhi: A news report actively shared on social media based on RTI reply on Exports claims that India is exporting refined petrol to 15 nations at Rs 34 per litre while refined diesel is exported to 29 countries at Rs 37 per litre as per the information provided. It is being alleged that Government has levied high taxes on petroleum products making it a prized commodity for domestic consumers while...
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