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Policy by Whatsapp: A disregard of consequences in governing the new India -Samar Halarnkar

-Scroll.in Democracy requires a national character that isn’t grounded in ignorance and government policy that is not a sophisticated version of Whatsapp. It is now clear – 1,020 days after PRIme Minister Narendra Modi told India he was wiping out 85% of its currency, by value – that demonetisation was not just a failure but a spectacularly misconceived move. That its destructive effects took at least 100 lives in its immediate aftermath,...

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Govt to boost onion supply from buffer stock, asks police to take action against hoarders

-PTI The retail PRIce of onion in Delhi ranges between Rs 30 and 40 per kg. The government on Friday said it will sell onion, pulses and edible oil in the open market from its buffer stocks and take immediate action against hoarders creating artificial shortages. The retail PRIce of onion in Delhi ranges between Rs 30 and 40 per kg. The wholesale PRIce in the benchmark Lasalgaon mandi in Maharashtra was recorded...

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Is the current slowdown cyclical or structural? -Deepti Mathew

-IANS While there is a consensus that the economy is slowing down, the debate is still going on whether the slowdown is structural or cyclical. The Indian economy is passing through a phase of economic slowdown, with the GDP growth registering one of the lowest rates of 5.8 per cent in the last quarter of FY19. The GDP growth rate for the first quarter of FY20 is feared to be lower than...

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Economic slump: Modi govt re-arranging furniture when house is on fire -Subodh Varma

-Newsclick.in Measures announced by the finance minister are mere concessions to industry lobbies and stock market, and don’t address lack of demand. The raft of measures announced by India’s finance minister Nirmala Sitharaman for supposedly boosting a sinking economy are unlikely to rescue flagging economic growth and don’t even address the key problems of lack of purchasing power with the people and raging unemployment. It’s rearranging the furniture when the house is...

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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...

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