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DeMolished India's top rank -Jayanta Roy Chowdhury and R Suryamurthy

-The Telegraph New Delhi: India is no longer the fastest-growing major economy in the world: it has lost its bragging rights to China. The Central Statistics Office (CSO) today put out its provisional estimates on national income that showed real GDP growth had tumbled to 6.1 per cent in the fourth quarter (January-March). That is considerably slower than the 6.9 per cent growth that the resurgent Chinese economy racked up during the same...

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Demonetisation Pulls Down India's GDP to 3-Year Low at 6.1%, Loses Fastest Growing Economy Tag to China

-Outlook Hit hard by demonetisation, India lost the tag of the fastest growing economy to China in the March quarter with a GDP growth of 6.1 per cent, pulling down the 2016-17 expansion to a three-year low of 7.1 per cent. The bad news of the economy growing at the slowest pace in three years mainly on account of poor performance of manufacturing and service sectors come at a time when the...

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Reversal Of Fortunes: From net farm exporter to net importer -Harish Damodaran

-The Indian Express Between 2013-14 and 2016-17, India’s exports of agricultural commodities have dipped from $43.2 billion to $33.8 billion, even as imports have climbed from $15.5 billion to $25.6 billion Falling exports and rising imports — this has been the story of the country’s agricultural trade over the last three years, notwithstanding the Narendra Modi government’s ambitious Make in India initiative. Between 2013-14 and 2016-17, India’s exports of agricultural commodities have dipped...

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Is there a reason to cheer record horticulture harvest? -Sayantan Bera

-Livemint.com Fiscal 2017 marks the fifth straight year when production of horticulture crop surpassed that of foodgrains New Delhi: Latest numbers from the agriculture ministry released on Tuesday showed that production of horticulture crops like fruits and vegetables touched a record high of 295 million tonnes in 2016-17. Apart from being higher than foodgrain production estimated at 273 million tonnes during this period—another record i.e. 2016-17 marks the fifth straight year when...

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Illegal and senseless -Arvind P Datar

-The Indian Express The proposed total ban on cattle slaughter goes against Supreme Court decisions on the matter since 1959 Less than a week ago, the Central government notified rules, many of which are as unconstitutional as they are senseless: A person is prohibited from bringing any type of cattle to an animal market for sale for slaughter. First, why is it unconstitutional? The ban on slaughter of cattle was a politically...

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