-TheWire.in No new appointments have been made to the Central Information Commission since 2016. New Delhi: From Monday, the Central Information Commission (CIC) will function with only three commissioners – as opposed to a sanctioned strength of 11, including the chief. The present crisis has arisen because the Narendra Modi government has since 2016 failed to fill any vacancies in the body – probably because the commission has been at the forefront...
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Three years on, bank credit to MSEs continue to shrink -Mayur Shetty
-The Times of India MUMBAI: The share of bank credit to micro and small enterprises (MSEs) has been shrinking since three years — from 5.9% in October 2015 to 4.5% in October 2018, data from the RBI show. While it is clear the sector is facing problems due to the double whammy of demonetisation and GST, it’s unclear whether MSEs are hit by liquidity issues or whether banks do not find them...
More »Kisan politics shows the way to a possible populism -Mukul Kesavan
-The Telegraph There is something heroic about tens of thousands of farmers marching and wringing concessions from a BJP state government The farmers’ rally in Delhi, the Kisan Mukti March, organised by the All India Kisan Sangharsh Coordination Committee (AIKSCC) happened the day after the assembly elections in Madhya Pradesh and just before the assembly elections in Rajasthan. The politics of the rally was different from the politics of elections but the...
More »Kisan Mukti March: Opposition rallies behind farmers -Priscilla Jebaraj
-The Hindu Rahul Gandhi, Kejriwal and other leaders share stage, demand loan waiver Congress president Rahul Gandhi and Aam Aadmi Party chief Arvind Kejriwal shared the stage for the first time at Friday’s Kisan Mukti March, leading a show of Opposition unity in support of the farmers’ demands for fair prices and debt relief. Farmer leaders welcomed the political support as a sign that the agrarian crisis is now on top of...
More »Why India's New GDP Math Lacks Credibility -MK Venu
-TheWire.in The new back-series GDP data, released four months before the 2019 general elections, fails several common sense tests. India’s back-series GDP (gross domestic product) data, released by the NITI Aayog just four months before the 2019 general elections, turn the basic laws of macroeconomics on their head. Here’s one that is most intriguing. The data show lower GDP growth during the UPA years, which is when the gross investment to GDP...
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