The government on Friday refrained from releasing the caste-based data in its first Socio Economic and Caste Census released in eight decades and maintained that it was concerned with economic data which will help in effective implementation of its programmes.
Well then, what did DeMo achieve? As predicted by most economists, the volume of transactions fell, economic activity was adversely impacted, and some sectors (which were more dependent on cash transactions) witnessed greater disruption than others, says Rahul Khullar.
Full list of the rejigged Union Council of Ministers
India Inc is automating and squeezing more output from its workers and so needs fewer of them, finds out IndiaSpend Team.
The NITI Aayog's vice-chairman's charge holds ground.
The Reserve Bank's growth projection for next financial year is lower than 8-8.5 per cent projected by the finance ministry in the recent Economic Survey which was tabled in Parliament on January 31. Unveiling the bi-monthly policy, RBI governor Shaktikanta Das said, "Recovery in domestic economic activity is yet to be broad-based, as private consumption and contact-intensive services remain below pre-pandemic levels."
The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.
Almost half the overall projects costing at least Rs 150 crore (Rs 1.5 billion) are facing a time lag as on March 31. Of 558 projects, 272 were running late when FY13 came to an end, official data showed.
Time is running out: Will India manage to attain goals set by the UN.
The World Bank said improved infrastructure, specifically rural electrification, has had far-ranging effects
India's economy - ranked eighth in 2015 with a GDP of $2 trillion - is projected to climb past Brazil, the United Kingdom, France, Germany and Japan and become the world's third-largest in 2030 with a GDP of $7.3 trillion.
Prime Minister Narendra Modi's maiden speech from Red Fort last Independence Day outlined some grand programmes. Shehzad Poonawalla does a quick check on the progress made.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
India's snooping programme is officially underway and multiple agencies will use internet surveillance system Netra and National Cyber Coordination Centre to keep a tab on suspicious activities on the internet, says Vicky Nanjappa.
'Only the coming years will tell whether the government finds this an easy way of relieving itself from its fiscal constraints.'
Few readers will remember the socialist utopia of Indira Gandhi when food queues were the norm even for the middle class and tankers supplied water at odd hours of the night twice a week. Is that what you are trying to return us to, dear Congress, asks Jaideep Prabhu
Here's a round up of some information the nation learnt from Parliament on Tuesday.
Rediff.com gives you a look at newbies in the Council of Ministers
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
Getting the balance between fiscal restraint and growth-contracting policy remains a problem.
For the first time in our economic history a government has thought about more than 50 per cent of our economic activity instead of the five per cent represented by the Sensex companies, observes IIM-B professor R Vaidyanathan.
'The Opposition has no option but to make it an 'All versus One' fight to even think about winning.'
