-Business Today Now that a decline in private consumption is pulling down economic growth, the focus needs to shift to improving wages and other measures to spur demand and savings, which does not seem to be happening now New Delhi: That the Indian economy is slipping into a recession is quiet apparent. The real GDP growth has gone down from a peak of 8.2% in 2016-17 to 6.8% in 2018-19, with the...
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The unravelling of the Western Ghats ecology
-Hindustan Times The nature-development equilibrium is broken, leading to climate disasters. At least 100 people have died in floods in three states in peninsular India — Kerala, Karnataka, and Maharashtra — in August due to monsoon floods. There are several reasons, as reported in a series of articles in Hindustan Times, for the havoc and deaths, such as changes in land-use patterns, excessive quarrying and unscientific plantations (Kerala), poor management of dams...
More »How state governments disenfranchise interstate migrants in India -Varun Aggarwal, Priyansha Singh and Rohini Mitra
-IndiaSpend.com Mumbai: Kerala ranked first out of seven states for migrant friendly policies on the Interstate Migrant Policy Index 2019 (IMPEX 2019), an index compiled by India Migration Now, a Mumbai-based nonprofit, which analyses state-level policies for the integration of out-of-state migrants. Maharashtra ranked second with a score of 42 out of 100 compared to Kerala’s 62, and Punjab came in third with a score of 40. Internal migration, both within a...
More »Niti Aayog chief rings the alarm bell, calls for unprecedented steps
-The Indian Express While blaming a large part of the problem on the high credit growth between 2004 and 2011, when it grew 27 per cent and resulted in a build-up of NPAs, he said it takes a lot for the government which has inherited all the 'systems and inertia'. New Delhi: Taking cognizance of the bad liquidity situation in the financial sector and weak private investment in the economy, Rajiv...
More »Increasing investment to stimulate growth -C Rangarajan & DK Srivastava
-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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