Two shocks hit the unorganised sectors So, where does the problem lie? It is that the method used to estimate the quarterly rate of growth of the economy does not give the correct rate of growth when there is a shock to the economy. Demonetisation was...
Modi Government Isn’t Against Economic Growth, but Its Approach Is Flawed What could be the rate of growth? To capture the impact of demonetisation on the unorganised sectors of the economy one needed to conduct surveys between November 2016 and January 2017. A later survey cannot capture what...
Theprime minister has come out in defence of the nation’s economic performance. He lambasted the critics of being always negative and said they have 'Shailya Vriti'. He said they get good sleep after being negative about everything and they create an environment of hatotsahit(gloom). But are we...
1. World Human Development Index 2017 – India ranked at 131st positions among 188countries. The report is published by United Nations Development Programme(UNDP). India’s Previous year ranking – 130Top three countries are - Norway, Australia and Switzerland.UNDP Headquarter – New YorkDirector General - Achim Steiner 2. Global Connectivity Index 2017 – India ranked at 43rd positions among 50countries. The report is compiled and published by Huawei a...
 NITI Aayog has launched SATH, a program providing ‘Sustainable Action for Transforming Human capital’ with the State Governments, to promote cooperative federalism. Vision of the program: To initiate transformation in the education and health sectors. The program addresses the need expressed by many states for technical support from NITI....
4th Bi-Monthly Monetary Policy of RBI: 2017-18  On October 4, 2017, Reserve Bank of India (RBI) announced Fourth Bi-Monthly Monetary Policy Statement in which the Policy Repo Rate has been kept unchanged for financial year 2017-18. RBI but cut the statutory liquidity ratio (SLR) by 50...
Background: An unacceptably large number of Indian children are attending school but not learning enough. Now, research shows that this is not just an Indian problem but a global epidemic that threatens several low- and middle-income countries across the globe. A global epidemic: New estimates from the Unesco...
*_The Hindu Editorial - _* _The Reserve Bank of India’s Monetary Policy Committee has since inception retained its unwavering focus on its primary remit: the preservation of price stability. It follows then that the central bank’s rate-setting panel opted to leave benchmark interest rates unchanged and...
• आठ बुनियादी उद्योगों की वृद्धि दर अगस्त में बढ़कर 4.9 फीसद हो गई। यह इसका पांच माह का ऊंचा स्तर है। कोयला, प्राकृतिक गैस और बिजली क्षेत्र के अच्छे प्रदर्शन से उत्पादन बढ़ा है। • सरकारी आंकड़ों के अनुसार आठ बुनियादी उद्योगों (कोर सेक्टर) में...
Insights into Editorial: Context: Economic growth has slowed for five consecutive quarters, that is from late 2015-16 onwards. It should serve as a wakeup call for the government to take all necessary steps to revive the economy. Why should it matter to us if the economy is growing...