-Livemint.com A leaked NSO survey report says that expenditure by consumers across India actually fell over a six-year span till 2017-18. This is at odds with our GDP data. So what explains this finding? Is Indian consumption in decline? Anecdotal evidence has pointed that way for some time. But now, a leaked survey report of the National Statistical Office (NSO), published on Friday in Business Standard, seems to confirm suspicions of such...
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Dr. Surjit S Bhalla, economist and Executive Director for India on the board of International Monetary Fund (IMF), interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line “Join the Regional Comprehensive Economic Partnership (RCEP), but do not ignore your internal market and demand. Ninety per cent of our bad export story is domestic challenges, 10 per cent is external environment or external policy,” says Economist Surjit S Bhalla. Seventy-one-year old Bhalla has a tough task ahead — to make New Delhi’s voice louder at the international forums as he is set to take charge...
More »It's time to move away from paddy-wheat cropping cycle to end air pollution
Air quality in North India in general and Delhi National Capital Region (Delhi NCR) in particular plunged to its lowest point in recent years during October-November thanks to a variety of factors. Through media reports one comes to know that stubble burning (also called paddy straw burning/ crop residue burning) is chiefly responsible for the public health crisis in India's capital and its nearby regions. Data accessed from the website...
More »Pronab Sen, former chief statistician of India and current programme director of the International Growth Centre's India Programme, interviewed by Kundan Pandey (Down to Earth)
-Down to Earth Pronab Sen, former chief statistician of India and current programme director of the International Growth Centre’s India Programme, speaks to Kundan Pandey about how recent government policies have crippled the income of the poor and slowed the economy * Kundan Pandey: Is there low demand in the economy? Pronab Sen: The demand is not low. The crisis is that the demand is not growing. For a long time, people...
More »Towards true unnati, and ending MGNREGA
-Financial Express The government’s proposed Unnati scheme, if it works as planned, offers MGNREGA beneficiaries a ticket out of the programme, and, in the long run, out of poverty. It has been clear for a long time that MGNREGA is barely the poverty reduction tool it is often made out to be; at Rs 204 per day per person, the average wage rate across the country is too low to sustain a...
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