The Indian economy has been slowing down for about a year. Many observers are busy discussing various economic and political problems. The the coronavirus pandemic has also pre-occupied policy makers and masses alike. However, important human development matters are losing focus in India. Stag...
In the 2020-21 Budget, the allocation for the Ministry of Health and Family Welfare and the Ministry of AYUSH has been increased marginally - from `66,466 crore in 2019-20 to `69,234 crore. However, the ` 2,768 crore additional allocation cannot compensate for the price rise in the health sector. Ke...
After water, tea is the leading beverage to be consumed globally. India has been one of the most important tea producing countries. At present, it produces the second largest amount of tea - 1325 million kg per year - after China. An industry analysis titled ‘Performance of Tea Industries in South...
On February 6, 2020, Prime Minister Narendra Modi stated in the Indian parliament that India’s economic fundamentals are strong. A similar sentiment was expressed by Finance Minister Nirmala Sitharaman while presenting Budget 2020.A large number of economists and observers have been pointing out t...
Economic boost through huge investments in infrastructure has been a common policy of many governments. Quite a large number of countries have been able to achieve high rates of growth by following this policy. The Modi government since its inception in 2014, also took a similar policy. Policies lik...
The Institute of Cost Accountants of India’s (ICAI) Global Summit 2020 was held in New Delhi recently. The summit focussed on the role of Cost and Management Accountants (CMAs) in achieving high economic growth for India. India’s high growth has been a topic for many observers, particularly, aft...
The Indian Railways (IR) has been going through a rough financial patch for the last few years. But this year, it has reached an unprecedented low. The operating ratio (OR) is one of the most popular measures used to show the strength of railway finance. It has come down to 98.44% in FY 2018-19. The...
A few days ago, the reporter had visited some parts of Uttar Pradesh (UP). While he was there, he interacted widely. The current status of the Indian economy was an important part of those interactions. Many of these discussions revolved around the high level unemployment and the increasingly irregu...
The Indian tea industry has been facing several challenges. However, these challenges would have been bigger, if the government did not pull out of the Regional Comprehensive Economic Partnership (RCEP).The challenges in the Indian tea industry are numerous. Compared to global producers like Sri Lan...
The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan) was announced by the then Union Minister of Finance, Piyush Goyal during the 2019 Interim Union Budget. The PM-Kisan scheme promises payment of Rs 6000 to each farmer family every year in three instalments. This scheme was meant to provid...