-The Indian Express There is an emerging consensus among FMCG majors that, like their automobile counterparts, the impact of the slump is more evident in rural India and that, in geographical terms, the north is the worst hit. New Delhi: The impact of the deepening consumption slowdown is being felt beyond discretionary purchases such as vehicles and durables with fast-moving consumer goods (FMCG) companies manufacturing small-ticket items such as soaps, biscuits...
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Over 5,000 children abandon education in mica mining districts of Jharkhand, Bihar: survey
-PTI In its survey, the National Commission for Protection of Child Rights said it has observed that a SECtion of children in the mica mining areas are deprived of opportunities and have started working as labourers to supplement their family income Over 5,000 children in the age group of six to 14 years have abandoned education in mica mining districts of Jharkhand and Bihar, and a SECtion of them have started working...
More »Economic growth problem: It's time now for Modi-II to undo the damage -TN Ninan
-Business Standard Aiming for unachievable growth rates would compound past errors. The economy has to lower its sights, and do some hard thinking about how to come out of the present hole, writes T N Ninan There is a general sense that the economic growth problem came upon us suddenly in the last few months. In some ways, it did — for example, through the continuing fallout of the collapse 11 months...
More »IAS officer Kannan Gopinathan resigns over 'lack of freedom of expression' -SR Praveen
-The Hindu “We got into the service thinking that we can provide voice to people, but then we ended up with our own voice being taken away from us,” said the Kerala-born IAS officer THIRUVANANTHAPURAM: IAS officer Kannan Gopinathan from the AGMUT cadre, who came into the limelight for his anonymous participation in the flood relief efforts in Kerala last year, has resigned from service. The officer, who has been serving as...
More »Need to eliminate distrust within private SECtor, 'extraordinary' steps needed: NITI Aayog on slowdown
-The Indian Express Explaining the origins of the present economic situation, the Niti Aayog vice-chairman said: "The entire episode started with indiscriminate lending during 2009-14 leading rise in non-performing assets (NPAs) post-2014." The Centre’s policy think tank Niti Aayog stated Thursday that the prevalent slowdown in the country’s economy is due to the distrust amongst the private SECtor where the credit situation is stagnant. “Nobody is trusting anybody else… within the...
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