-Business Standard The dilemma regarding reliability is usually the greatest around the release of advance estimates Analysts at the Reserve Bank of India (RBI) have questioned the numerous revisions in gross domestic product (GDP) data by the statistics office. RBI has said this confuses analysts about the economy. It suggested the Central Statistics Office (CSO) incorporate data on high frequency economic indicators such as commercial vehicles and international air passenger traffic. It should...
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Jean Dreze, development economist and social activist, interviewed by Rupashree Nanda (CNN-News18)
-News18.com In an interview with News18’s Rupashree Nanda, Dreze, who was a member of Sonia Gandhi’s National Advisory Council and an architect of the National Employment Guarantee Act (NREGA), says that there have been no major initiatives in the social field in the last four years, with the partial exception of Swachh Bharat. Government data reveal that the Indian economy is growing at a robust rate but noted economist Jean Dreze believes...
More »India's cash crunch: Six steps that led to the currency shortage 16 months after demonetisation -M Rajshekhar, Mridula Chari, Abhishek Dey, Vinita Govindarajan & Arunabh Saikia
-Scroll.in Scroll.in reporters fanned out across the country to uncover the reasons for the crisis. India’s current cash crunch is a real enigma. To begin with, there is its sheer unprecedented nature. In all the years since Independence, India has never seen something like it. “We have heard of coin shortages but never a cash shortage,” said MS Sriram, visiting faculty at the Indian Institute of Management-Bangalore’s Centre for Public Policy. “I...
More »The misery of farmers in the midst of plenty -Himanshu
-Livemint.com For the first time during the tenure of the present government, overall inflation of food articles is negative, implying a decline in prices Last week the India Meteorological Department (IMD) presented its first forecast for the monsoon this year. The forecast at 97% of the long period average (LPA) suggested yet a third year of normal monsoon rains, following 2016 and 2017. This should have ideally brought cheer to farmers struggling...
More »Poultry farmers cry foul -Parthasarathi Biswas
-The Indian Express Falling rates in March stumps industry in month synonymous with high prices. Pune: Since February, Deepak Pawale, who runs a poultry farm at Retavadi village in Khed taluka of Pune district, has been selling 45-day-old birds weighing 2-2.5 kg each at well below his estimated production cost of Rs 70 per kg. “The traders aren’t ready to pay higher rates, as they tell me that their sales have slowed down,”...
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