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Domestic demand must play a greater role in India’s growth story -Jahangir Aziz

-The Indian Express Policymakers need to stop thinking about India as a perennially supply-constrained economy focusing almost all policies and reforms to easing these constraints. Instead, it is time to let domestic demand play a greater role in India’s growth story. India’s fourth quarter GDP growth (calendar year 2019) printed another sub-5 per cent growth rate. It would have been lower had it not been for the large downward revisions to previous...

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Freedom in the World 2020 report ranks India among least free democracies

-The Hindu BJP government’s “alarming” policies draw comparisons with Chinese repression India has become one of the world’s least free democracies, according to a global survey, which warned that “the Indian government’s alarming departures from democratic norms under Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) could blur the values-based distinction between Beijing and New Delhi.” The Freedom in the World 2020 report ranks India at the 83rd position, along with Timor-Leste and...

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India is constantly tinkering with GDP data. It’s hard to rely on it now -Vivel Kaul

-Newslaundry.com In the latest instance, GDP growth projections for the first two quarters of 2019-20 have been revised up, making it easier to meet the annual growth target of 5 percent. The Gross Domestic Product figures for the period of October to December 2019 were published late last week. GDP measures the economic size of a country. Alongside, the GDP figures for the previous two quarters – April to June 2019 and July...

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Govt doesn't have data on financial condition of farmers: Narendra Singh Tomar

-Livemint.com * Agriculture being a state subject, the state governments take appropriate measures for development of agriculture in the state * Majority of the agricultural households that possessed more than 0.40 hectare land reported cultivation as their principal source of income NEW DELHI: The government does not have data regarding financial condition of farmers in the country, Agriculture Minister Narendra Singh Tomar said on Tuesday. In a written reply to a question in the...

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Why an increase in PMAY’s budget shows the scheme has failed - Evita Das

-Newsclick.in An opaque policy, inefficiency and a flawed target plague this scheme. Over the past twelve months, Finance Minister Nirmala Sitharaman has been one of the most-cornered ministers of the National Democratic Alliance (NDA) government, owing largely to her weak and often ambiguous comments on the state of the Indian economy. For her and her supporters, this year’s Union budget was meant to both rejuvenate and rekindle investor’s hopes and sentiments. The...

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