-The Times of India DAVOS: India was ranked 62nd among 74 emerging economies on World Economic Forum's Inclusive Development Index, a report released on Monday said. Although India was ranked lower than Brazil, Russia, China and even Pakistan, it was among the 10 emerging economies with 'advancing' trend. "The 2018 index measures progress of 103 economies on three individual pillars-growth & development, inclusion & inter-generational equity and sustainability. Of the three pillars,...
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Potato portents -Ajay Vir Jakhar
-The Indian Express The crisis in the crop’s prices in two of the four years of the Modi government illustrate that farmers no longer matter to it. Farmers are habitually great raconteurs. My grandfather would often narrate an episode, when he encountered a farmer sitting by a heap of potatoes in the middle of the night. On investigating what compelled the farmer to guard potatoes when there were no buyers, he was...
More »Shock claim on wealth gap -Jayanta Roy Chowdhury
-The Telegraph New Delhi: Those who inhabit the top 1 per cent of the wealth pyramid in India own 73 per cent of the wealth generated in the country last year, an NGO has claimed. In the last 12 months, the "wealth of this elite group increased by Rs 20.91 lakh crore. This amount is equivalent to the total budget of the central government in 2017-18," Oxfam India said in a statement...
More »Wealth Of The Nation -Nisha Agrawal
-The Indian Express At Davos, India needs to outline its vision to make growth inclusive Earlier this month, the external affairs ministry announced that Prime Minister Narendra Modi would lead the “largest ever” Indian contingent to Switzerland during the four-day World Economic Forum 2018 in the Swiss Alps town of Davos on January 23. This made headlines since he is the first Indian PM to be attending Davos in over two...
More »A misleading story of job creation -Praveen Chakravarty & Jairam Ramesh
-The Hindu India does not create 55 lakh new jobs every year, as claimed by a new report A recent research report titled “Towards a Payroll Reporting in India” authored by the Group Chief Economic Adviser of the State Bank of India and a professor from the Indian Institute of Management, Bangalore has caught the media’s and the Prime Minister’s fancy. Ostensibly, the main objective of the report was to make a...
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