अभी हाल तक अधिकांश नीति निर्माता इस बात से सहमत नजर आ रहे थे कि सरकारी बैंकों को बहुत अधिक वृद्घि की आवश्यकता नहीं है। उनकी दलील थी कि बैंकिंग क्षेत्र में प्रचुर क्षमता मौजूद थी। बॉन्ड बाजार का विस्तार हो रहा था, गैर बैंकिंग...
*🇮🇳India Falls 3 Places in Latest 🌐Global Hunger Index* With more than a fifth (21%) of its children wasted–low weight for height–India ranks 100 of 119 countries in the 2017 Global Hunger Index (GHI), down three places from 97 last year. Only in three other countries–Djibouti,...
Prabhat Patnaik September 26, 2017 The BJP government, like a bull in a China shop, is wrecking the economy. A neo-liberal regime, even at the best of times, i.e. even when the economy is booming, brings misery to the vast mass of the working people by...
*_The Hindu Editorial _* _Economics as a discipline is not infrequently accused of being fairly removed from reality. The activities of societies, countries, corporations and the global macroeconomy itself are meant to fit certain models, at the heart of which are rational agents maximising their utility...
Jomo Kwame Sundaram and Anis Chowdhury September 27, 2017 The Trump administration’s promise to increase infrastructure spending should break the straightjacket the Republicans imposed on the Obama administration after capturing the US Congress in 2010. However, in proportionate terms, it falls far short of Roosevelt’s New...
C. P. Chandrasekhar September 29, 2017 A slew of numbers released recently point to rather peculiar and contrary trends in India’s balance of payments. Exports have revived but the trade and current account deficits widen, pointing to an excess of foreign exchange expenditure relative to earnings....
The International Monetary Fund (IMF) on Tuesday pared its growth forecast for India by half a percentage point to 6.7% for 2017, blaming the lingering disruptions caused by demonetisation of high-value currencies last year and the rollout of the Goods and Services Tax (GST). However,...
When India announced demonetisation last November, Nobel Prize winner Richard Thaler described it as a “policy I have long supported” but also remarked “damn” when it was brought to his notice that the government was introducing ₹2,000 currency notes. The Royal Swedish Academy of Sciences today...
*_The Hindu Editorial _* _Nearly 100 days after India’s tryst with the new Goods and Services Tax regime began, the GST Council empowered to oversee its implementation has approved several alterations. These relate to coverage and compliance norms with a view to easing the burden of...
The Matritva Sahyog Yojana has been renamed as the Pradhan Mantri Matritva Vandana Yojana with slightly revised and a few changes focuses on the benefits of pregnant women. Under the scheme, every pregnant women citizen can claim a sum of Rs 6000. This will be carried...