-TheWire.in Farmers are once again wondering which crop will fetch them guaranteed good returns. Nagpur: What do you grow on your farm in the coming season that will fetch you good returns? This is a question millions of peasant farmers, particularly those with small holdings and no protective irrigation, are likely to ask themselves this month, possibly with no answers. They’ll go back to what they have been growing on their fields thus far,...
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Arun Jaitley just tripped over his own feet by admitting economy wasn't healthy when govt launched note ban -Dinesh Unnikrishnan
-Firstpost.com “What you think is very clear, is not very clear,” told union finance minister Arun Jaitley to a reporter at a Delhi presser on Thursday called to take stock of Modi government’s 3-year performance. The reporter was asking about the impact of Demonetisation on the GDP citing the sharp decline (6.1 percent) in the Jan-Mar quarter. Jaitley played down the impact of Demonetisation saying it wasn’t the primary reason for...
More »DeMolished India's top rank -Jayanta Roy Chowdhury and R Suryamurthy
-The Telegraph New Delhi: India is no longer the fastest-growing major economy in the world: it has lost its bragging rights to China. The Central Statistics Office (CSO) today put out its provisional estimates on national income that showed real GDP growth had tumbled to 6.1 per cent in the fourth quarter (January-March). That is considerably slower than the 6.9 per cent growth that the resurgent Chinese economy racked up during the same...
More »Note ban effect: GDP growth enters slow lane in Q4 at 6.1% -Ishan Bakshi & Indivjal Dhasmana
-Business Standard GVA growth at 2-year low of 5.6%; Farming only bright spot India’s economic growth fell to 6.1 per cent in the fourth quarter (Q4) of 2016-17 (FY17), primarily because of Demonetisation adversely affecting economic activity. This was at least a four-quarter low. The sectors worst affected were construction and financial services. Without indirect taxes, growth figures would be more dismal. Gross value added (GVA), the difference between gross domestic product...
More »The Indian economy finally bares its Demonetisation scars -Manas Chakravarty
-Livemint.com Very low GDP growth in the fourth quarter indicates that the slowdown is likely to persist in the current quarter as well Finally, the impact of Demonetisation is visible in the gross domestic product (GDP) numbers. Gross value-added (GVA) growth at constant prices fell to a mere 5.6% in the fourth quarter of fiscal year 2017 (FY17), clearly showing the scars of Demonetisation on the economy. That’s not all. The headline growth...
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