The NDA government under Prime Minister Narendra Modi launched a flagship programme to provide all the urban poor people “a pucca house with water connection, toilet facility, 24x7 electricity supply and access". In pursuit of this, the union government launched the Pradhan Mantri Awas Yojna for h...
The gross domestic product (GDP) performance of the first quarter (April-June) of the current financial year 2018-19 (FY19) has been beyond anyone’s expectation. An 8.2% growth of GDP, although from a low base of 5.6% in Q1 FY18, is commendable when one compares it with that of other countri...
In its recent economic outlook of India’s economy the World Bank has expressed its satisfaction and projected high economic growth in the near future. No doubt it has been a matter of satisfaction, particularly, to the ruling government. A few days ago Subhas Chandra Garg, IAS, Secretary, Departme...
The agriculture sector in India has been in crisis for more than two decades. The policy makers’ negligence, the central government’s lower allocation of funds for agricultural sector, particularly in the new economic policy regime, poor pricing of agricultural products, fluctuation of natural p...
Sanjeeb Sanyal, Principal Economic Advisor, Ministry of Finance, Government of India attended an interactive session in Kolkata conducted by the Bharat Chamber of Commerce. One of the points of discussion was population explosion in India. This has become more sensitive after the release of the Nati...
Bangladesh has recently got the status of a middle income country of the world by the United Nations Committee for Development Policy (CDP). There are three main criteria behind its graduation from Less Development Country (LDC) status. In a celebration in Kolkata to commemorate the achievement of B...
In a developing country like India, the prices of medicines, in most cases, are higher than what they should be. But the determination of affordable prices of essential medicines is not very easy. This is because the producers of medicines argue that it involves a huge cost in R&D to produce vit...
The present acting Finance Minister (FM) of India Piyush Goyal has recently expressed his ambitious target for the performance of the Indian economy. He thinks that the GDP growth of India will enter double digit figures in the coming four quarters. This achievement, according to him, will be driven...
It is a common misconception that any sort of agricultural development programme in India only means increase in production level helping the poor and marginal farmers by several government initiatives. To supply the farmers cheap inputs, enhancement of irrigation facilities, cheap loans, developmen...
Cryptocurrency is a digital asset designed to work as a medium of exchange. It has been a growing matter of discussion among a section of people as there has been an opportunity of financial gain by trading it and using it as a medium of exchange around the world. National and international media ha...