-Livemint.com Thankfully, India is enjoying a demographic dividend that gives it greater leeway for deficit-financing The dominant consensus on the slowdown in India is that we have a demand problem. Lack of aggregate demand is a phrase that goes back to John Maynard Keynes. He is a ghost who reappears from time to time, however much one tries to bury him. Regardless of whether you are a Keynes devotee or not, his...
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Government violates NFSA, thousands of women deprived of maternity benefits; reveals survey -Jaideep Deogharia
-The Times of India RANCHI: Noted economist Jean Dreze has accused the Centre of violating National Food Security Act by depriving a section of women from maternity benefits which is otherwise guaranteed under NFSA-2013. Survey conducted by Sakina Dhorajiwala of Libtech India along with students from Delhi University, Central University of Tamil Nadu, Tata Institute of Social Service (TISS) and Ranchi University in June 2019 has revealed that out of 232 eligible...
More »GDP shocker: India's position slips among world's fastest growing economies -Dipu Rai
-IndiaToday.in Data shows that consumption and investment demand are declining. Private final consumption expenditure grew by only 3.1 per cent (a 4.5-year low), while fixed capital formation grew by four per cent, 0.4 per cent less than the last quarter of the financial year 2019. Gross Domestic Product or GDP is a tool to measure and compare how good or bad countries are doing economically. Recent data of the first quarter of...
More »TERI to study impact of climate change on farm sector -Shobha Roy
-The Hindu Business Line Kolkata: The Energy and Resources Institute (TERI) is looking at undertaking a study on the impact of climate change and sustainability on the agriculture sector in India and come out with probable solutions to address these. According to Ajay Mathur, Director-General of TERI, there is a need to take a re-look at the cropping pattern adopted by various States keeping in mind the way climate change is impacting...
More »Shock slowdown -R Suryamurthy
-The Telegraph New Delhi: The Indian economy grew at its slowest pace in more than six years at 5 per cent in the first quarter of 2019-20, deepening worries about subdued factory output and resultant job losses. It also fanned concerns about the Narendra Modi government’s ability to crank up demand amid clear indications that urban consumption had also started to slacken after rural demand went into a deep rut several quarters...
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