-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...
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Deficit rain to prompt farmer influx into city?
-The Times of India THANE: With little hopes of revival of farmlands in Marathwada region, large-scale migration of farmers from these barren lands to second tier cities like Thane and Navi Mumbai can be expected in future, say experts in the field of migration. Scant showers this monsoon has filled the Marathwada dam up to just about 16%, providing hardly any relief to farmers here. As a result, massive influx of farmers...
More »Urbanisation in India slow, messy, hidden: World Bank -Subodh Varma
-The Times of India India and her neighbors are going through a tortuous process of urbanization - slow, messy and partly hidden. This is seen in severe problems of livability and congestion, making cities unattractive for rural migrants. As a result, whatever benefits urban agglomerations could have offered in terms of economic advance are getting diluted. This is the dire analysis of a 200-page World Bank report on urbanization in South...
More »Subverting the Land Acquisition Act, 2013 -Santosh Verma
-Economic and Political Weekly After coming to power in 2014, the National Democratic Alliance government took several measures to dilute the pro-poor provisions of the Land Acquisition Act of 2013. Though it has backed down, several questions remain over the way the Modi government has dealt with the issue of land acquisition. Santosh Verma (santosh.econ@gmail.com) is at the Council for Social Development, New Delhi. Land acquisition—by private corporations or the state—has raised vital...
More »Inflation is down? Really? -Rajalakshmi Nirmal
-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...
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