Abhishek Waghmare &Amp;Amp; Ishaan Gera

Stories by Abhishek Waghmare &Amp;Amp; Ishaan Gera

Re-elected BJP legislators show steepest climb in income

Re-elected BJP legislators show steepest climb in income

Rediff.com   28 Mar 2022

Re-elected MLAs from the ruling party added more wealth in the last five years than re-elected candidates from other political parties, shows an analysis of ADR electoral data.

2015 to 2018: Number of NRIs jumped 18%

2015 to 2018: Number of NRIs jumped 18%

Rediff.com   23 Mar 2022

Last year, in a reply to a question in Lok Sabha, the government informed Parliament that as of 2021, an estimated 13.5 million Indian nationals resided in various countries outside of India. Of these, 8.8 million were in the Gulf countries. Given the pandemic, there hasn't been a significant change in the number of Indians settling abroad, but data between 2015 and 2018 shows that the number of Non-Resident Indians (NRIs) increased 18 per cent in these three years. In 2015, India had 11.4 million Indians settled abroad, which increased to 13.4 million in 2018.

Mobile Internet User Growth Slowed Down In 2021

Mobile Internet User Growth Slowed Down In 2021

Rediff.com   23 Mar 2022

By the end of December 2021, India had 389 million users who did not have access to mobile Internet, while there were 765.8 million mobile Internet users in the country.

How close were the 5-state election results really?

How close were the 5-state election results really?

Rediff.com   11 Mar 2022

An analysis of seats across the five states shows that the race was won on tighter margins than five years ago, except for Punjab and Uttarakhand.

Russia accounts for most of India's arms imports

Russia accounts for most of India's arms imports

Rediff.com   26 Feb 2022

49.4 per cent of India's arms imports between 2016 and 2020 were from Russia.

Will Indians have to work 12 hours a day?

Will Indians have to work 12 hours a day?

Rediff.com   31 Dec 2021

India's time use survey for January-December 2019 had found that an average person in urban areas spends 485 (eight hours and five minutes) minutes on employment and related activities.

Booster shots will cost Rs 100 billion

Booster shots will cost Rs 100 billion

Rediff.com   24 Dec 2021

If booster shots are given on priority, the pace of vaccination may slow further. In the worst case scenario, the country will take till mid-March to vaccinate its entire adult population partially.

A third of women married were 18-20 years old

A third of women married were 18-20 years old

Rediff.com   24 Dec 2021

West Bengal, Rajasthan and Bihar were worst in terms of women marrying at an early age.

States' spending on police increased 66.2%

States' spending on police increased 66.2%

Rediff.com   23 Dec 2021

States' spending doesn't improve the public image of the police, so where is the money going?

Banks want time for card tokenisation

Banks want time for card tokenisation

Rediff.com   20 Dec 2021

Tokenisation is the process of replacing debit and credit card numbers with a set of characters or tokens.

Health expenditure's share in GDP down

Health expenditure's share in GDP down

Rediff.com   7 Dec 2021

The share of total health expenditure as part of the gross domestic product (GDP) went down to 3.3 per cent in 2017-18 from 3.8 per cent in the previous two years, according to the national health account data released on Monday by the health ministry. The share of government expenditure as part of total expenditure as well as GDP has gone up from from 3.78 per cent to 5.12 per cent between 2013-14 and 2017-18, which could also explain a decline seen in out of pocket expenditure in 2017-18. Health ministry also emphasised the increase in the government health expenditure as part of the total GDP from 1.15 per cent in 2013-14 to 1.35 per cent in 2017-18.

Eight states see decline in govt school enrolments

Eight states see decline in govt school enrolments

Rediff.com   1 Dec 2021

North-eastern states have led the charge in recording a decline.

How debit, credit cards and ATM cash withdrawal are bellwether for GDP

How debit, credit cards and ATM cash withdrawal are bellwether for GDP

Rediff.com   10 Nov 2021

It's always been a struggle for economists and statisticians to forecast India's gross domestic product (GDP) correctly, and say where the economy is headed before the official numbers come out. If estimating the GDP is tough, forecasting it in real time is complicated. It involves looking at tens of indicators, such as industrial production, electricity consumption and exports, to arrive at a number.

Focus on second dose as India inches closer to 1 billion jabs

Focus on second dose as India inches closer to 1 billion jabs

Rediff.com   18 Oct 2021

Experts, however, feel that given the intensity of the second wave and the high single dose coverage, India is in a good position to avoid any drastic wave in the near future.

Home truths about Indian real estate in the pandemic

Home truths about Indian real estate in the pandemic

Rediff.com   6 Oct 2021

There's no place like home, but even for the affluent buying one in India is difficult. On top of that, the coronavirus pandemic-now in its eighteenth month-has made life uncertain. A hopeful thing is buying a house looks alluring as loan interest rates fall below 7 per cent, their multi-decadal lows. The slow decline in GDP growth after demonetisation, followed by the economic shock caused by Covid-19 waves, has hurt us unevenly.

India may fully vaccinate all adults by April next year

India may fully vaccinate all adults by April next year

Rediff.com   30 Sep 2021

With the maximum dose gap of four months for Covishield, a large part of the population would not even be eligible for the second dose by the end of this year, report Ruchika Chitravanshi and Ishaan Gera.

Why India's asset monetisation dream may be hard to achieve

Why India's asset monetisation dream may be hard to achieve

Rediff.com   22 Sep 2021

India was among the top-five economies with the largest general government capital stock level, said, in 2015, an International Monetary Fund report called "Making Public Investment More Efficient". The report fuelled a debate on countries sitting on piles of cash that could be used better. India was believed to have public assets worth $4.5 trillion. The report urged countries to start asset recycling. Six years after the report, Australia's success in asset recycling has turned India into a believer; despite doing averagely in its previous efforts on roads, railways or meeting its divestment targets.

What Auto Sales Tell Us About Economy

What Auto Sales Tell Us About Economy

Rediff.com   21 Sep 2021

Retail sales of cars are back to January 2018 levels in August 2021. Two-wheeler retail sales are 22 per cent lower, nearly four years down the line.

Vaccination in rural areas gains speed as hinterland lags behind

Vaccination in rural areas gains speed as hinterland lags behind

Rediff.com   16 Sep 2021

As the rural areas account for more than 40% of the country's population, they need to receive at least 41.7 per cent of the doses to make vaccine administration more equitable, reports Ishaan Gera.

Why Railways' financial health is off track

Why Railways' financial health is off track

Rediff.com   11 Sep 2021

In 2019-20, the capital expenditure of Indian Railways (IR) increased 60 per cent over 2016-17. The draft National Railways plan envisages a further increase in IR's capital expenditure, but an analysis by Business Standard shows that IR has come to depend more on borrowings and budgetary support. In 2016-17, while 11 per cent of its capital expenditure (capex) was funded by internal sources, in 2019-20 the ratio dropped to less than 1 per cent. A 2015 Committee on Restructuring Railways had flagged that over-reliance on borrowings could exacerbate the financial situation of Railways.