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Rathin Roy, Director of the National Institute of Public Finance and Policy, interviewed by Puja Mehra (The Hindu)

-The Hindu The slowdown is an outcome of supply-side constraints, says the economist The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister’s Economic Advisory Council, discusses the causes of the economy’s troubles and suggests possible remedies. Edited excerpts: * The Finance Minister says the economy is...

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SC refuses to pass any direction on contempt plea over functioning of Lokpal

-PTI There is the limited scope of contempt petition and the NGO can file a separate petition seeking directions for effective functioning, it said. NEW DELHI: The Supreme Court Monday refused to pass any direction with regard to "effective functioning" of anti-corruption ombudsman Lokpal and disposed of a contempt plea filed by an NGO which had sought the appointment of the country's first anti-graft authority. There is the limited scope of contempt petition...

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India's rural poverty has shot up -Pramit Bhattacharya & Sriharsha Devulapalli

-Livemint.com Bihar, Jharkhand and Odisha have seen sharp increases in poverty rates over the past few years, an analysis of the national statistical office data suggests Ever since India moved to a high growth trajectory in the 1980s, poverty rates have consistently declined over time. Until now. A Mint analysis of the consumption expenditure numbers reported by the National Statistical Office (NSO) in a hushed-up report suggests that rural poverty rose nearly 4...

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Under Modi, cost of education has exploded -Subodh Varma

-Newsclick.in A recent NSO survey report shows that private educational institutions are charging exorbitant fees, and the government is not far behind. Cost of primary education (class 1 to 5) has increased by 31% between 2014 and 2018, shows a comparison of National Statistical Office or NSO (formerly National Sample Survey Office) survey reports for the 71st Round and 75th Round. This is mainly fuelled by a staggering increase in private schools,...

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