Among the measures announced by the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman on 23rd August, 2019 to arrest economic downturn, the following are noteworthy: * Allow Bharat Stage IV (BS-IV) vehicles (which are purchased till 31st March, 2020) to remain operational for the entire period of registration; * Government shall lift the ban on purchase of new vehicles for replacing all old vehicles by its various departments; *...
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Dip in tractor sales indicate further deepening of rural distress
In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...
More »Data: Is India facing population explosion as the Prime Minister claimed? -Varun B Krishnan
-The Hindu In his Independence Day speech, Prime Minister Narendra Modi touched upon the need to control 'population explosion' in India. However, the growth rate of the country's population has been falling since 1971. The Total Fertility Rate (the average number of children borne by a woman in her lifetime) has also been falling across most States. India's population growth rate peaked between 1961 and 1971 and has been falling since. The...
More »PM Modi is Worried About Population Explosion, a Problem Set to Go Away in 2021 -Saurabh Rai and M Sivakami
-TheWire.in Instead, we should focus on why population control efforts have mostly translated to controlling women's, and not men's, fertility. In his Independence Day speech, Prime Minister Narendra Modi made it clear that the government considers population explosion to be in the way of India’s development. This isn’t the first time in the history of independent India when a government has tried to control the population. A similar fear led to the...
More »What happened to poverty during the first term of Modi? -Himanshu
-Livemint.com Consumption declined over the period 2014-18, confirming fears that people ended up worse off Various data from the financial to the corporate sector over the last two months are confirming the worst fears of a sharp decline in demand in the economy. With stagnant investment and exports, there are clear signs of a sustained slowdown. Most of this was well known to anybody following the Indian economy, barring the government, which...
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