Despite the ‘Make in India’ push, the share of manufacturing sector in the GDP has stayed stagnant

Low wages across the sector, increased contractualisation and a preference for capital investment over labour has left blue-collar workers struggling.

Rohit Inani, IndiaSpend.com

· Apr 13, 2021 · 07:30 pm

Retail inflation in March rose to 5.52%, industrial output shrunk 3.6% in February

The contraction in industrial production came amid a surge in coronavirus cases in the country.

Scroll Staff

· Apr 12, 2021 · 09:08 pm

IMF projects India’s growth rate to jump to 12.5% this year

This estimate is stronger than that of China, the only major economy to have positive growth rate of 2.3% in 2020 amid the coronavirus pandemic.

Scroll Staff

· Apr 06, 2021 · 08:04 pm

Output of eight core sectors contracts 4.6% in February – highest in six months

All the key segments, including coal, crude oil, natural gas, and refinery products, witnessed a decline in production in February.

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· Apr 01, 2021 · 11:33 am

Congress hits out at Centre on rollback of cut in interest rates on PPF, savings deposits

Earlier in the day, Finance Minister Nirmala Sitharaman had said that the interest rate cuts were ‘issued by oversight’.

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· Apr 01, 2021 · 10:55 am

Centre withdraws cut in interest rates on PPF, savings deposits, says order was issued by oversight

On Wednesday, the government said that interest rates on savings deposits have been cut from 4% to 3.5%. The rate of interest in PPF was cut from 7.1% to 6.4.

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· Apr 01, 2021 · 08:30 am

Interest rates on PPF cut from 7.1% to 6.4%, on savings deposits by 0.5% from April 1

Interest rates on a number of other small saving schemes have also been reduced for the first quarter of the financial year 2021-’22.

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· Mar 31, 2021 · 10:20 pm

World Bank projects India’s growth in 2021-’22 to be in 7.5% to 12.5% range

The World Bank’s chief economist for the South Asia Region said the Indian economy is expected to grow just above 10%.

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· Mar 31, 2021 · 03:21 pm

India’s economy on path of gradual recovery, says IMF

But the recent emergence of Covid-19 variants and localised shutdowns could pose risks to the sustained recovery, the IMF spokesperson said.

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· Mar 26, 2021 · 10:41 am

Is Indian capitalism really designed to enhance public welfare?

The difference in the way the farmers protest and bank bailouts are treated is instructive.

Ajay Gandhi

· Mar 22, 2021 · 07:30 am

Pandemic shrunk India’s middle class by 32 million, drove 75 million below poverty line: Pew report

China fared much better, with the number of people in the middle-income tier decreasing by only one crore, and the poverty level virtually unchanged.

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· Mar 19, 2021 · 05:47 pm

India’s $5 trillion-economy goal was aspirational, not carefully computed: Raghuram Rajan

The former RBI governor also warned that the introduction of drastic changes to the monetary policy could upset the bond markets.

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· Mar 14, 2021 · 03:29 pm