-The Hindu The next few quarters call for focus on consumption, private investment, agriculture and exports There was a collective sigh of relief when the second quarter GDP data were released officially by the Central Statistics Office (CSO). The government folks were relieved that a declining trend of four consecutive quarters of growth had finally been reversed. The forecasters and economists were relieved that the announced data had mostly conformed to their expectations....
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Economy all-clear but riders remain -Jayanta Roy Chowdhury and R Suryamurthy
-The Telegraph New Delhi: India's economy rebounded from a three-year low to grow at 6.3 per cent in the three months ended September 30. "The impact of the demonetisation and the GST is well behind us," finance minister Arun Jaitley said on Thursday after the numbers were announced. The economy had slowed dramatically in the first quarter to record a dismal 5.7 per cent growth. Opponents had then accused the Modi regime of...
More »The Truth That GDP Figures Conceal -Bodapati Srujana
-Newsclick.in The estimated growth rate for the second quarter has been declared as 6.3%, but this is nothing that an average Indian should celebrate. The quick estimated growth rate of GDP for the second quarter (Q2) of 2017-18, has been declared as 6.3%, compared to 5.7% of the previous quarter (Q1). This is seen by many, including Mr Jaitley, as a sign that India’s economic growth is back on track. According to...
More »NCRB data: Delhi, UP top crime list
-The Indian Express While Uttar Pradesh reported 4,889 murder cases, the national capital reported nearly 40 per cent of rape cases registered among 19 major cities. New Delhi: As per the latest data released by the National Crime Records Bureau on Thursday, Uttar Pradesh and Delhi have got the dubious distinction of recording the maximum number of murders and rape cases respectively. While Uttar Pradesh reported 4,889 murder cases, the national capital reported...
More »Grass or tree?: A rule reclassifying bamboo claims to benefit tribals - but industry will gain more -Nitin Sethi
-Scroll.in At the heart of the problem is a discrepancy between two laws on rights for Adivasis to the bamboo growing on their traditional forestlands. Across the world, taxonomists have classified bamboo as a grass. But under Indian law, it was treated as a tree. This definition has long given state forest departments monopolistic control over the valuable natural resource. On November 23, the central government loosened this grip by amending the...
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