-Business Standard Not only is your privacy stripped stark naked, the system itself is illegal and vulnerable Indians have serious red tape PTSD. We live with chronic anxiety about the documents that get us the entitlements and paid services we need — food, cooking gas, SIM cards, sale deeds, passports and so on. We’re so tyrannised by bureaucracy that when we hear of an official document that might simplify life, we fall...
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Politically opportune data -Jayati Ghosh
-The Indian Express GDP estimates are advance figures, but by the time they are revised only staid economists will be interested in them Unless we simply dreamt it, demonetisation delivered a massive shock to the economy in early November, which continued well into December because of slow pace remonetisation. The ensuing liquidity crunch affected most informal economic activity and some formal business, and economists generally agreed that declines in demand and disruption...
More »Five reasons why economists doubt India's October-December GDP growth of 7% -Raj Kumar Ray
-Hindustan Times New Delhi: India’s economic growth of 7% during October-December has sparked a debate on how output grew so fast at a time when the country was facing its biggest-ever cash crunch after Prime Minister Narendra Modi announced on November 8 the demonetisation exercise, which weeded out 86% of the currency notes in circulation. economists and experts cite at least five reasons why the government data of a robust economic growth...
More »GDP data: The plot thickens -Udit Misra
-Business Standard Data presents a rosy picture but fails to convince New Delhi: For anyone who understand, or at least deludes himself to believe that they understand, how the economy works, the latest data by the Central Statistical Organisation (CSO) on the quarterly gross domestic product (GDP) should come as a shock. Ever since the Prime Minister stunned the nation by announcing demonetisation on November 8 last year, economists of all hue...
More »'Punjab exporting precious water via rice cultivation' -Vibhor Mohan
-The Times of India CHANDIGARH: Punjab has been exporting its underground water (to the rest of India) in the form of rice. This strong statement has come from one of Punjab's respected economists R S Ghuman in his study titled 'Water Use Scenario in Punjab beyond the Sutlej-Yamuna Link Canal'. The study was published in 'Economic & Political Weekly' journal in its January edition and some of its observations are crucial at...
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