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7 to 4.5%: Ex-CEA cuts GDP estimate between 2011-12 and 2016-17

-The Indian Express While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian New Delhi: In the midst of a raging controversy over India’s economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has concluded that the country’s growth has been overestimated by around 2.5...

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India's GDP growth: New evidence for fresh beginnings -Arvind Subramanian

-The Indian Express Methodological changes have led to overestimating GDP growth by 2.5 percentage points per year between 2011-12 and 2016-17. Actual growth is around 4.5 per cent. The promise of democracy is the periodic opportunity it creates for fresh beginnings. A government re-elected with such a resounding mandate should continue with the successful aspects of its economic policies. The most notable has been promoting economic INClusion via the public provision of...

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Thousands of School Teachers in Bihar Upset Over Non-Payment of Salaries for 3 Months -Mohd. Imran Khan

-Newsclick.in Continuing delays in payment of salaries have led various teachers’ association to question the state government’s commitment to the education sector in the state. Unhappy over the Nitish Kumar government’s apathy towards the non-payment of salaries sINCe March this year, hundreds of school teachers’ associations in Bihar are questioning the state government’s commitment towards the education sector. Bihar Madhyamik Sikshak Sangh (BMSS) president Kedarnath Pandey said it is a matter of...

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Both financial and non-financial factors matter for ASHAs: Study -Monika Kundu Srivastava

-Down to Earth/ India Science Wire Preferences change depending on factors INCluding level of education, size of family, status as main earner A major challenge faced by the Indian health system is to keep its Accredited Social Health Activists (ASHAs) motivated and retain them in service. A new study has found that ASHA workers get motivated most by prospects of promotions than other factors. Researchers from The George Institute for Global Health and...

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Small Farmers' Suicide in Odisha -BB Mohanty & Papesh K Lenka

-Economic and Political Weekly The changes in Odisha’s agriculture made paddy production a losing proposition, especially for the small farmers who leased in land. Substantial decline in farm INCome caused by exploitative land lease arrangements, denial of access to a regulated market, crop failures, INCreased cost of cultivation, and indebtedness pushed these farmers into severe economic hardship and an inhospitable social environment, which ultimately led to their suicides. Please click here to read more....

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