Clearly, the extra borrowing of Rs 4.2 trillion the government has planned so far will not be enough to meet the shortfall in revenues which could be between Rs 8 trillion and Rs 10 trillion, points out A K Bhattacharya.
The World Bank's latest review of its purchasing power parity (PPP) baseline will reignite the poverty debate.
'India remains a bright spot amid the global slowdown.'
Economic affairs secretary S C Garg said that all macroeconomic parameters are performing well.
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During April-February, the index of industrial production, a measure of factory activity, declined 0.1 per cent compared with a 0.9 per cent growth in the corresponding period of 2012-13.
The Pampore attack 'has the stamp of LeT written all over it.'
'They are exactly like the so-called fidayeen of the 1999-2003 phase, when J&K witnessed a surge in suicide attacks on various important garrisons,' says Lieutenant General Syed Ata Hasnain (retd), who served as the General Officer Commanding 15 Corps in Kashmir.
This kind of growth will turn India into a $8 trillion economy.
Many from this small lender have made it to other bank boards over the past 5 years
Finance Commission has got new team who are committed to growth initiatives.
Foreign portfolio investors (FPIs) remained net buyers to the tune of Rs 12,266 crore in the Indian market in the first five trading sessions of February, as positive sentiment post-Union Budget 2021 sparked a rally in investment.
A study has analysed how body mass index is linked to mortality.
The recent study suggested that nearly 35 per cent of the cases were stillborn, 29 per cent were born alive and 36 per cent were born before the period of viability.
Millions of Indian children lack access to online education as they do not have smartphones, computers or an Internet connection.
The government on Monday appointed three eminent economists Ashima Goyal, Jayanth R Varma and Shankanka Bhide as members of the rate-setting Monetary Policy Committee of the RBI
Dr Ajay Kumar Sood will have to complete a task his predecessor started: Getting the government to sign off on a new Science, Technology, and Innovation Policy on which work was begun in 2020.
'While the poor have little say in shaping India's intellectual or public discourse, they do have a significant role in deciding political outcomes,' points out Roshan Kishore.
The CSO estimate is, however, a bit lower than 7.4 per cent growth projected by the Reserve Bank for the current fiscal.
As against an annual average growth of 10-11 per cent envisaged for the industry during the period, the actual annual average growth stood at 7.2 per cent during the plan period.
The new numbers clearly had very different implications.
Govt has drawn list of PSUs for strategic sale: Jaitley
Tamil Nadu now has India's lowest fertility rate - lower than Australia, Finland and Belgium - second best infant mortality and maternal mortality rate; records among the lowest crime rates against women and children; and has more factories and provides more industrial employment than any other Indian state.
Three-quarters into the 10 years that Mr Modi had sought for transforming India, the 'output' numbers look impressive, but the key 'outcome' numbers don't show up much, if at all, observes T N Ninan.
'Given that the economy is going through a slowdown, further downward revisions of the 2019-2020 growth estimates cannot be ruled out,' notes A K Bhattacharya.
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
While India's GDP growth slowed to five-year low of 5.8% in Q4, China grew at 6.4%.
Only half India's population has received the first shot of Covishield and Covaxin and the government's immediate task is to first vaccinate its adult population before placing its focus on children.
'But will there be matching action as far as tribals are concerned on the ground?'
Agriculture implements that are currently taxed up to 18 per cent may come under the 12 per cent or the 5 per cent bracket.
New body to replace Plan panel might retain 40% of existing staff
The estimates of national income and growth do not pass the 'smell test'.
Alleging that there had been politicisation and criminalisation of government officers in the state, the BJP leader, who was on a two-day visit, said the TMC government had stopped sending crime statistics to the National Crime Record Bureau (NCRB) after 2018.
Rediff.com's data journalists have visualised the National Sample Survey Office (NSS 66th round, July 2009-June 2010 and 68th round, July 2011-June 2012) data into an interactive map.
Amid a spike in coronavirus infection in parts of Maharashtra, Mumbai has witnessed 36.38 per cent rise in the active COVID-19 cases since February 8, as per the city civic body.
Why is China's supreme leader promoting Han Chauvinism so aggressively, asks Claude Arpi.
Rediff.com's data journalists have broken down the National Sample Survey Office 68 round (July 2011- June 2012) report data into a state-wise listing.
R0 values, or the average number of infections expected to be caused by a Covid carrier, vary between states, and have not stabilised. While unlocking, it would be wise to look at these variations, advises Atanu Biswas.
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
Experts believe that under-reporting is likely to cause an underestimation of the spread of the disease.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
While it took the Congress nearly a half century to earn the hatred of other political outfits, the BJP appears set to reach there in around six years, says Arun Bhatnagar, former secretary to the GoI.
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