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Civil society group welcomes failure to sign RCEP; calls it 'bad deal for democracy' -Joe C Mathew

-Business Today RCEP trade deal: The group said that the Indian govt should not agree to the RCEP even in future as it will be a 'bad deal for democracy, for farmers, workers, will subvert our sovereign laws and compromise India's industrialisation potential'. Forum for Trade Justice, a pan-civil society network has welcomed the failure of the 16 negotiating countries to reach a consensus over the conclusion of the world's largest free...

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India needs a more informed debate, better policy design to address population growth -C Rangarajan & JK Satia

-The Indian Express The UN Population Division estimates that the medium fertility variant, the most likely scenario, will result in a peak population of 165 crore in the year 2061 and a decline thereafter. The mention of a population explosion by the prime minister in his Independence Day speech has rekindled debate on population growth and family planning. The responses have varied. Some have called for a law to limit family...

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India's growth is in barely positive territory: US think tank

-PTI As against India's real Growth Rate of 6.8 per cent in 2018, the IMF in its latest World Economic Outlook projected the country's Growth Rate at 6.1 per cent for 2019. WASHINGTON: India's growth is in barely positive territory, a top American think tank has said, noting that several key indicators are not just slowing down, but in absolute decline. In a study, two scholars from the Centre for Global Development (CGD)...

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Strengthening MGNREGA for reviving the economy -Surajit Das

-Newsclick.in Even if the wage rates under MGNREGA are doubled and if jobs are provided for at least 100 days in a year as per the law, the extra expenditure would not exceed 1% of GDP. The Growth Rate is slowing down in India neither because of lower productivity of the labourers or that of the land, nor because of shortage of labour or productive capacity, but because of the lack of...

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Govt may pump more funds into NREGS to boost rural economy -Saubhadra Chatterji & Zia Haq

-Hindustan Times Many analysts have underlined that the BJP’s below-par performance in the Maharashtra and Haryana assembly elections reflected concern, among other factors, about the economy, which slumped to a Growth Rate of 6% in the three months to June 30, the slowest pace in over six years. The government has already spent nearly 80% of its full-year budget for the flagship rural job guarantee programme, top officials said on Friday,...

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