-The Times of India NEW DELHI: Backed by consistent progress in sowing of kharif crops, the Centre on Monday said it was hopeful of achieving its record foodgrain production target of 291 million tonnes in the 2019-20 crop year (July-June) even as floods in some parts hit the summer crops. It is expected that light rains of short duration, as predicted in subdued monsoon phase in the coming weeks, will prove...
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NRC applicants hit by lack of government records -Naresh Mitra
-The Times of India GUWAHATI: Many NRC applicants in Assam who had submitted refugee registration CERTificates to back their residency claims are in a fix after the authorities rejected 60 out of every 100 such documents on grounds of unavailability of corresponding records with the government to corroborate their authenticity. “This is just a conservative estimate. The number could be higher,” said an official involved in the process of updating the NRC...
More »In economic slowdown, a back story about falling investor confidence -Harish Damodaran
-The Indian Express Fixing the economy today cannot happen through consumption; revival in investment is what's desperately needed. New Delhi: Investment, unlike consumption, satisfies no immediate want. The businessman putting his money today is basically taking a bet on the future, when it would start yielding returns. Such bets are a function of the “state of confidence” at the time of investment. The investor has to be reasonably, if not absolutely,...
More »Raghuram Rajan issues warning alert for Modi govt on economy
-BusinessToday.in According to former RBI Governor Raghuram Rajan, the slowdown in the economy "very worrisome", and he called for pressing reforms to boost the economy and energise the private sector to invest as well as a fresh look at the way GDP is being calculated Former RBI Governor Raghuram Rajan has said the economic slowdown in India is "very worrisome" and has called for a fresh look at the way GDP is...
More »What happened to poverty during the first term of Modi? -Himanshu
-Livemint.com Consumption declined over the period 2014-18, confirming fears that people ended up worse off Various data from the financial to the corporate sector over the last two months are confirming the worst fears of a sharp decline in demand in the economy. With stagnant investment and exports, there are clear signs of a sustained slowdown. Most of this was well known to anybody following the Indian economy, barring the government, which...
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