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Agrarian, liquidity crisis weigh on India consumption story -Harsha Jethmalani and Pallavi Pengonda

-Livemint.com As we enter the new year, investors will do well to factor in a moderation in consumption demand due to the liquidity crisis and farm distress Analysts are getting increasingly wary about the outlook for consumption demand, even though investors are brushing aside these risks for now. In its 2019 India outlook, Credit Suisse said it would prefer investment-related stocks over consumption-focused ones in the coming year. The brokerage expects sharp...

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Govt panel recommends radical overhaul of farming ecosystem -Sayantan Bera

-Livemint.com Panel on doubling farm incomes proposes shifting from supply-led to demand-led production system New Delhi: The government should undertake a radical overhaul of the agriculture ecosystem by moving from a supply-push production system to a demand-led one, according to a committee set up by the centre to recommend strategies to double farmer incomes by 2022. The agriculture ministry should also set up an “empowered committee” to operationalize and monitor progress of doubling...

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An invitation to corruption? -Suhrith Parthasarathy

-The Hindu The Electoral Bond Scheme inhibits the citizen’s capacity to meaningfully participate in political and public life Early this year the government introduced an Electoral Bond Scheme purportedly with a view to cleansing the prevailing culture of political sponsorship. But the programme’s failings have been so blindingly obvious, and its consequences so utterly devastating to rectitude and transparency in government, that even O.P. Rawat, who just retired Chief Election Commissioner, thought...

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Revised back-series GDP data poses a problem for SBI -- how did we really perform? -Mahua Venkatesh

-ThePrint.in SBI report says bank’s performance will have to be rewritten based on the new data and this can be contentious due to questions over credibility. New Delhi: The Narendra Modi government’s revised set of back-series GDP data, which slashed the average rate of growth during the UPA regime, pose “reconciliation problems regarding micro and macro data interpretation”, a State Bank of India (SBI) report said Thursday. A careful data interpretation will be...

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The reality of rural electrification in India -Nikita Kwatra

-Livemint.com While there has been progress in providing electricity to rural households, there have been no real efforts to improve the quality of power supply Delivering electricity to nearly every village in India has been one of the most celebrated achievements of the Narendra Modi government. However, a study by Sreekumar Nhalur and others published in the latest Economic and Political Weekly suggests it may be too soon to celebrate. The authors argue...

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