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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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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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Data: Is India facing population explosion as the Prime Minister claimed? -Varun B Krishnan

-The Hindu In his Independence Day speech, Prime Minister Narendra Modi touched upon the need to control 'population explosion' in India. However, the Growth Rate of the country's population has been falling since 1971. The Total Fertility Rate (the average number of children borne by a woman in her lifetime) has also been falling across most States. India's population Growth Rate peaked between 1961 and 1971 and has been falling since. The...

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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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