-TheWire.in Some analysts believe that a slowdown in the GDP growth for the fourth consecutive year, from 8.2% in FY17 to around 6.5%&NBSp; in FY20 (E), makes it a case of structural slowdown. India’s real or inflation-adjusted gross domestic product (GDP) grew at 5% in the June 2019 quarter of financial year 2019-20 (Q1FY20), the slowest growth in six years (25 quarters). In nominal terms, the growth stood at 7.99%, the lowest...
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Uttar Pradesh journalist, two others booked for filming school kids eating salt-roti -Namita Bajpai
-The New Indian Express In his complaint, the block education officer had alleged that Pawan Kumar Jaiswal deliberately shot the video doing 'despicable work' of maligning the image of the state government. LUCKNOW:&NBSp; More than a week after a video went viral showing some students in Mirzapur district being served ‘roti’ with salt in mid-day meal, the district administration has booked the journalist along with two others for allegedly doing ‘despicable work’...
More »Desertification setting in across a quarter of India
-Down to Earth Another 30% of the county’s land is undergoing degradation. What does this mean for the country where more than 60% peopel depends on agriculture? Every year during the monsoon, Hemant Waman Chowre faces a peculiar situation. On the one hand, he hopes for good rainfall to water his crops but on the other, he is scared, for even a mild shower can destroy his saplings. Chowre is a 35-year-old farmer...
More »Agri GDP growth falls: Doubling farmers' income in next 3 years looks a tough task -Rajalakshmi Nirmal
-The Hindu Business Line While production has dropped, it has not been accompanied by a commensurate increase in price Last week, while the CSO released the Q1 GDP numbers, it also showed numbers for agriculture, forestry and fishing as a segment. For the June quarter, this segment’s growth in real terms was 2 per cent, against 5.1 per cent in the same quarter of the previous year. Agri GDP growth has been sliding...
More »Professor Amiya Bagchi, Marxist economist, interviewed by Subhoranjan Dasgupta (The Telegraph)
-The Telegraph "The government has miserably failed to stimulate the domestic economy. It has spent less and less on public education, healthcare and infrastructure because of its erroneous policy" The Modi government has an ambitious plan to create a $5-trillion economy in the next five years — but all data points are heavily stacked against it. The economy is floundering and the Reserve Bank of India has already trimmed its growth forecast...
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