-The Hindu Business Line India’s manufacturing needs higher investment in education and R&D to become self-reliant and technologically competent The share of manufacturing in India’s GDP has stagnated at 16 per cent since 1991, despite economic reforms. No country ever became a manufacturing force without (a) a design capability; and (b) an institutional system that incentivises and sustains innovations. India needs a system to develop human and technical capabilities at both the...
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Environment minister's job to protect environment, not clear projects: Jairam Ramesh -Krishn Kaushik
-The Indian Express Ramesh, who had the independent charge of the ministry between 2009 and 2011, said the “Environment Minister must stand up and say that climate change is more important than Ease of Doing Business”. The job of the Environment Minister is to protect the environment and not look at it from the perspective of Ease of Doing Business, senior Congress leader Jairam Ramesh said during a discussion on climate...
More »The ugly face of Okhla gets a green lift, landfill to be eco park -Paras Singh
-The Times of India NEW DELHI: After years of existing as a repulsive mound of festering garbage, the landfill at Okhla has got a look that is more attractive. One face of the stabilised landfill has finally been “greened” and the capping work continues on the other sides. When the work is over, the overused landfill will get a new avatar as an ecopark. Tufail Ahmed, the engineer in charge of the...
More »Drought casts spell on Maharshtra economy, growth stagnant at 7.5% -Sandeep Ashar
-The Indian Express The one indicator that will worry the Devendra Fadnavis-led government the most as it spells out its final budget before the state polls on Tuesday is the negative growth in the crop sector. Mumbai: Suffering from a crippling drought and growing agrarian distress, Maharashtra’s economic growth remained stagnant at 7.5 per cent. According to the Economic Survey Report (ESR) 2018-19, which was presented to the state legislature on...
More »Upward GDP revisions for note ban, GST years surprising, says ex-CEA -Asit Ranjan Mishra
-Livemint.com * GDP estimates are based on accepted methodologies, says government * Subramanian made the claims in his latest working paper published on the Harvard University website New Delhi: India’s statistics ministry likely underestimated the impact of demonetization and the rollout of the goods and services tax (GST) on economic activity, leading to an overestimation of gross domestic product (GDP) figures, the finance ministry’s former chief economic adviser, Arvind Subramanian, has said. On 31...
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