-Scroll.in A scheme to give India’s poor people free power connections has been in operation since 2005. But the capacity to provide 24x7 power is still a dream. On Monday, Prime Minister Narendra Modi launched the “Pradhan Mantri Sahaj Bijli Har Ghar Yojana” or the Saubhagya scheme to provide electricity connections to Indians who do not have them. “The government will connect each house, whether it is in village, a city or...
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Narendra Modi gets a stellar economic advisory panel but will he listen to it in an election year? -Seetha
-Firstpost.com So, Prime Minister Narendra Modi has got his three wise men and one wise woman to advise him on managing the economy. The Prime Minister’s Economic Advisory Council (PMEAC) has been revived with Bibek Debroy as chairman and Surjit Bhalla, Rathin Roy and Ashima Goyal as members. Ratan Watal, a career bureaucrat, will be member secretary. No one can deny that it’s a great team with impeccable credentials, both as economists...
More »Damning statistics -Nandini Oza
-TheWeek.in Contrary to what the Gujarat government says, records show that the Sardar Sarovar Project is far from complete Somabhai Raval was barely seven when prime minister Jawaharlal Nehru laid the foundation stone for the Sardar Sarovar Project at Kevadia Colony in Gujarat on April 5, 1961. A resident of Fatehpura village in Patan district of north Gujarat, Raval is not well educated. Till seven years ago, when construction of a minor...
More »Indian economy in a tailspin: What went wrong -Asit Ranjan Mishra and Gireesh Chandra Prasad
-Livemint.com While investment demand was anyway weak when the NDA came to power in 2014, private consumption has also started decelerating due to demonetisation New Delhi: The National Democratic Alliance (NDA) won a landslide in the 2014 general election with the promise of fast-tracking economic growth and creating jobs. It replaced the Congress-led United Progressive Alliance (UPA) government that was mired in corruption scandals and had mismanaged the economy. Three years on,...
More »SBI Research says economic slowdown is real not just 'technical'
-PTI SBI Research said the slowdown is real and not technical and called for more public spending to arrest the slide Mumbai: Noting that the economy has been on a downslide since September 2016, SBI Research on Tuesday said the slowdown is real and not technical and called for more public spending to arrest the slide. “We certainly believe that we are in a slowdown mode since September 2016 and a slowdown that...
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