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Risks to growth: mid-year economic concerns

-The Hindu Given the recent policy changes, the CEA has done right to flag mid-year concerns Five months after the Economic Survey 2016-17 was released, Chief Economic Adviser Arvind Subramanian has presented the second volume of the annual economic review-cum-prognosticatory report. With the intervening period having provided a wealth of data points and policy developments, including the momentous roll-out of the Goods and Services Tax, there was a clear need to update...

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Scanty rainfall impacts sowing in State -G Venkataramana Rao

-The Hindu This, despite early release of water to Godavari, Krishna deltas Vijayawada (Andhra Pradesh): Deficit rainfall in July in August has impacted sowing in the State. The State government’s pro-active step to release water early to Godavari and Krishna deltas to hasten sowing too has not worked to the expected level. While the normal area sown till date (August 9 from June 1) is 24 lakh hectares, sowing has been completed only...

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A strange hybrid -Sujatha Rao

-The Indian Express   Niti Aayog proposal for privatising public hospitals is ill-designed, driven by ideology more than welfare The corporate hospitals have been resting their gaze on public hospitals for long: Land, doctors and patients. Finally, in the Niti Aayog, they have found a sympathetic collaborator. As per media reports, the Aayog is all set to push states to privatise well functioning district hospitals in the Tier 2 and 3...

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Crops face moisture Stress, drought threat looms large -Partha Sarathi Biswas

-The Indian Express According to experts, June has been a good month for the state, with farmers speeding up sowing. However, absence of rains towards the end of June, mostly in Marathwada and Vidharbha regions, had harmed the crops during the crucial growth phase. Pune: AS MAHARASHTRA reported more than 90 per cent sowing, moisture Stress is now threatening the survival of standing crops in various parts of the state. As per...

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Social damages might have more lasting impact on economy than wrong policies: Economist Kaushik Basu

-PTI India is a society that is poor, but is respected for its scientific temper and research, and "we should not backtrack on that," the former World Bank chief economist said. Mumbai: Amid a debate over incidents of lynching, noted economist Kaushik Basu has warned that social damages could have a long-lasting impact on the economy than some wrong policy moves, “such as demonetisation”. Delivering the 23rd Lalit Doshi memorial lecture here...

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