-The Indian Express India bounced back from 2008 crisis thanks to stimulus packages, but faltered by letting these continue. And it still has a long way to go in ensuring greater coordination between govt and financial regulators. India did not have a rulebook to refer to a decade ago when it was hit by a seismic shock with its epicentre some 12,500 km away. In the initial days post the Lehman collapse...
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'Uneducated, unmarried women have less access to mobiles': study -Karishma Mehrotra
-The Indian Express The research shows that India’s mobile phone gender gap - 33 per cent - is among the highest in the world, surpassing several countries with comparable incomes, development levels, and mobile phone costs. New Delhi: Apart from economic constraints, social barriers like the level of education, marital status and the lack of empowerment prevent women’s access to mobile technology in India, suggests a study by the Harvard Kennedy School. The...
More »Does India's New Series GDP Data Overestimate Manufacturing Output?
-TheWire.in The new series GDP data has been mostly replaced with corporate Financial Data for estimating manufacturing value-added, resulting in manufacturing assuming a higher share in India’s GDP and growing at a faster rate compared to the older series. New Delhi: Does the new method by which India calculates GDP (gross domestic product) data overestimate manufacturing output? This apprehension has been flagged by a key member of the Reserve Bank of India’s...
More »Note ban failed to curb the menace of counterfeit currency, indicates RBI's Annual Report
Although containing fake notes in circulation was one of the objectives behind demonetisation when it was undertaken in 2016, recent data from the Reserve Bank of India (RBI) reveals that fake counterparts of some denominations grew during 2017-18 vis-à-vis the previous year. The recently released Annual Report for 2017-18 of the RBI shows that the total number of pieces of counterfeit notes of Rs. 2000/- denomination, which was detected in the...
More »Why reports of agriculture's demise are greatly exaggerated -Dipti Jain and Sayantan Bera
-Livemint.com Farming activities comprise more than half of the total average monthly income for agricultural households, as per the latest survey by Nabard Bengaluru/ New Delhi: Farmers may be looking for alternative avenues of income, but it is too soon to write off the significance of agriculture in rural India, data from the recently released Nabard All India Rural Financial Inclusion Survey (NAFIS) shows. An initial reading of the survey findings seems to...
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