-The Hindu It is only part of mismanagement of financial institutions under BJP Government watch, says ex-Finance Minister The Government and the RBI didn’t bother to read the balance sheet of the Yes Bank, former Finance Minister P. Chidambaram said pointing out to the unusual growth in the loan book at the rate of 35% a year between March 2014 to March 2019. The loan book registered registered a spike especially in 2016-17...

-Newsclick.in Directly or indirectly, the Government seems uninterested in creating jobs. At a time of widespread and intense concern about the worst unemployment situation in 45 years and all the distress and discontent that accompanies it, one would have expected the Union Government to put job-creation at the top of its priority-list. One of the most obvious and direct ways to do this would be to expand its own schemes and programmes...

-PTI/ The Hindu ‘The police can take action including registration of FIRs’ The Delhi High Court has been told by the AAP Government that under the penal law, food adulteration is a cognisable offence against which the police can take action, including registration of FIRs. The submission was made before a Bench of Justices G.S. Sistani and A.J. Bhambhani which had earlier said that the use of pesticides and chemicals to ripen fruits...

-Newsclick.in Reviving the economy requires, apart from social peace, a powerful fiscal intervention going well beyond what neo-liberalism allows. Changes in estimation methods have of late made statistics on the Indian economy increasingly bewildering; besides, whenever the statistics show the performance of the economy in a poor light, the Bharatiya Janata Party (BJP) Government simply suppresses them. Nothing, however, can suppress the fact that the Indian economy is sliding into a serious...

-The Indian Express Policymakers need to stop thinking about India as a perennially supply-constrained economy focusing almost all policies and reforms to easing these constraints. Instead, it is time to let domestic demand play a greater role in India’s growth story. India’s fourth quarter GDP growth (calendar year 2019) printed another sub-5 per cent growth rate. It would have been lower had it not been for the large downward revisions to previous...