-The Hindu Attention needs to be paid to both cyclical and structural dimensions of India’s present economic slowdown India’s current economic slowdown is due to a combination of two underlying trends. First, there is the short-run cyclical slowdown exhibited by a number of high-frequency indicators, reflecting a significant fall in demand, especially for sectors such as automobiles, consumer durables and housing. Second, there is the more serious long-term fall in investment and savings...
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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 »All the major announcements made by Nirmala Sitharaman to boost economic growth
-The Hindu Nirmala Sitharaman said that India’s GDP continues to grow at a faster pace than the global economy and any other major economy. Union Finance Minister Nirmala Sitharaman announced a slew of measures on August 23 to prop up the slowing economy. Addressing a press conference, Ms. Sitharaman sought to dispel doubts over the economy and the government’s growth agenda. Announcing that the global GDP growth may be revised downwards from the...
More »Auto sector slowdown hits scrap dealers, micro units in Coimbatore -M Soundariya Preetha
-The Hindu Production in foundries supplying castings to the automobile industry has dropped considerably In Coimbatore, where a large number of industrial units and foundries are working in the automobile sector, the slump in vehicle demand is impacting several businesses indirectly. A micro industry with just two CNC machines, doing job work, used to earn nearly ?10,000 a week from selling scrap. This income has reduced steeply in the last couple of months...
More »Government launches programme to train teachers
-The Hindu World’s largest teacher training programme, says HRD Ministry New Delhi: More than 42 lakh teachers and principals of primary and elementary-age government schools across the country will undergo a five-day training programme over the next few months to learn innovative teaching methods, the use of art and technology in the classroom and basic counselling techniques. On Wednesday, the Human Resource Development Ministry kicked off the National Initiative for School Heads' and...
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