-Livemint.com Taking into account a likely shortfall in revenue and off-budget spending, the real fiscal deficit could be as high as 5.5% of GDP in the current fiscal Mumbai: As India’s economic slowdown has intensified, so has the debate on whether the government should stick to fiscal consolidation or run a higher deficit to push growth in the upcoming budget, due on 1 February. However, data on revenue available so far suggests that...

-Livemint.com * The Centre has no money for a stimulus package. Only the states can find a way to get India out of the slowdown * States, taken collectively, are the only hope. Despite loan waivers, they are in a better position to boost public spending. But that would require coordinated work between the Centre?and the states NEW DELHI: On 1 February, finance minister Nirmala Sitharaman will present an important Union budget. The...

-The Telegraph The plight of an ‘indigenous foreigner' comes as a horrifying reminder of what lies in store As the country heaved over protests surrounding universities and an amended citizenship law this month, a tragic contour unfolded in Assam with the death of a daily wager belonging to an indigenous community. Naresh Koch, who was apprehended and taken to the Goalpara detention centre in March 2018, was declared a “foreigner” in June...

-Hindustan Times India’s gross domestic product (GDP) grew 4.5% in the second quarter of the current financial year, the lowest since March 2013. Union Budget 2020-21 is expected to focus on the transformation of rural India with a nearly 15% jump in fund allocation to boost the village economy and raise incomes, particularly of small and marginal farmers, THRee people aware of the development said on Tuesday. “Transformation of the rural economy is...

-The Hindu Bengaluru: The NITI Aayog proposal to hand over district hospitals with 750 beds to private medical colleges, citing the public-private-partnership (PPP) arrangements in Karnataka and Gujarat, has come under severe criticism from health activists and doctors, who feel it will further compromise quality and access to healthcare, mainly for the poor. They have demanded that the move be dropped without further consultation. The Centre’s top think tank recently released for...