18 - 24 January, 2020

Home » Publication » Weekly Updates on Indian Economy prepared by GIFT Young Scholars Forum »  18 - 24 January, 2020

Weekly Updates on Indian Economy

(18th January 2020 to 24th January 2020)

 

National Accounts and state of the economy

  1. Rupee One of the Worst Performers Among Its Asian Peers in Past Year

https://thewire.in/uncategorised/rupee-depreciation-exchange-rate-performance

  1. What Will India's New Saffron Curtain Mean for its Economic Growth?

https://thewire.in/political-economy/india-hindutva-economy

  1. India’s economy seems to be shaking off a slump

https://www.livemint.com/news/india/india-s-economy-seems-to-be-shaking-off-a-slump-11579830231340.html

  1. There’s a Gandhian third way for an inclusive economy

https://www.livemint.com/opinion/online-views/there-s-a-gandhian-third-way-for-an-inclusive-economy-11579796187969.html

  1. Indian economy poised to take off, says Piyush Goyal

https://www.livemint.com/news/india/indian-economy-poised-to-take-off-says-piyush-goyal-11579773510882.html

  1. When is an economy in recession and what is stagflation?

https://www.livemint.com/money/personal-finance/when-is-an-economy-in-recession-and-what-is-stagflation-11579597685980.html

  1. IMF revises downward India’s economic growth to 4.8% for 2019-20

https://www.livemint.com/news/india/imf-revises-downward-india-s-economic-growth-to-4-8-for-2019-20-11579527054651.html

https://economictimes.indiatimes.com/news/economy/indicators/imf-cuts-indias-fy20-gdp-growth-forecast-to-4-8/articleshow/73435183.cms?from=mdr
https://scroll.in/latest/950537/imf-lowers-global-growth-projections-due-to-sharp-slowdown-in-india

  1. Economic slowdown what should the budget address
    https://www.thehindubusinessline.com/opinion/economic-slowdown-what-should-the-budget-address/article30635713.ece
  2. Deep Discounting: Good or bad for the economy
    https://www.newindianexpress.com/opinions/editorials/2020/jan/18/deep-discounting-good-or-bad-for-the-economy-2091029.html
  3. Privatisation in the time of nation first
    https://www.newindianexpress.com/opinions/2020/jan/20/privatisation-in-the-time-of-nation-first-2091770.html
  4. For a budget that ushers in a reform reset
    https://www.thehindubusinessline.com/opinion/for-a-budget-that-ushers-in-a-reforms-reset/article30600946.ece
  5. Socio political stability and growth
    https://www.business-standard.com/article/opinion/socio-political-stability-and-growth-120011900929_1.html
  6. Redesigning India’s ailing data system
    https://www.thehindu.com/opinion/lead/redesigning-indias-ailing-data-system/article30609571.ece
  7. IMF trims global economic outlook but tones down risk warnings

https://www.livemint.com/news/world/imf-trims-global-economic-outlook-but-tones-down-risk-warnings-11579526636067.html

  1. $5 trillion economy goal difficult, not impossible: Nitin Gadkari

https://www.livemint.com/news/india/-5-trillion-economy-goal-difficult-not-impossible-nitin-gadkari-11579349081336.html

  1. Nirmala Sitharaman likely to set realistic nominal GDP target at 9.5-10%

https://www.livemint.com/budget/news/nirmala-sitharaman-likely-to-set-realistic-nominal-gdp-target-at-9-5-10-11579413942163.html

  1. Rupee declines 10 paise to 71.21 against dollar on GDP growth concerns, weak quarterly earnings

https://www.firstpost.com/business/rupee-declines-10-paise-to-71-21-against-dollar-on-gdp-growth-concerns-weak-quarterly-earnings-7936951.html

  1. ‘Prepare for attack on Gita Gopinath’: Chidambaram warns after IMF cuts India’s growth figures

https://scroll.in/latest/950595/prepare-for-attack-on-gita-gopinath-chidambaram-warns-after-imf-cuts-indias-growth-figures

Public Finance

  1. Budget 2020: Here Are Five Challenges Nirmala Sitharaman Is Facing

https://thewire.in/economy/budget-2020-nirmala-sitharaman-five-challenges

  1. Vote for putting more money in the hands of the consumers

https://www.livemint.com/budget/opinion/vote-for-putting-more-money-in-the-hands-of-the-consumers-11579800050662.html

  1. Union Budget will have plan of action on economy, says Prakash Javadekar

https://www.livemint.com/budget/news/union-budget-will-have-plan-of-action-on-economy-says-prakash-javadekar-11579689466756.html

  1. Why India faces a public funding crisis

https://www.livemint.com/news/india/why-india-faces-a-public-funding-crisis-11579624437399.html

  1. More trouble for economy, direct tax collection in negative zone: Report

https://www.livemint.com/news/india/more-trouble-for-economy-direct-tax-collection-in-negative-zone-report-11579620795761.html

  1. What do millennials want from Budget 2020? | Why Not Mint Money

https://www.livemint.com/videos/what-do-millennials-want-from-budget-2020-why-not-mint-money-11578971178002.html

  1. Budget’s biggest task is to create employment opportunities

https://www.livemint.com/budget/expectations/budget-s-biggest-task-is-to-create-employment-opportunities-11579546872602.html

  1. Budget 2020: Former finance secretary SC Garg favours 4 rate income tax structure without cess

https://www.firstpost.com/business/budget-2020-former-finance-secretary-sc-garg-favours-4-rate-income-tax-structure-without-cess-7930961.html

  1. Demystifying the union budget
    https://www.thehindubusinessline.com/opinion/columns/demystifying-the-union-budget/article30635902.ece
  2. Centre must be transparent: reveal ‘real fiscal deficit’ in budget
    https://timesofindia.indiatimes.com/business/india-business/govt-must-be-transparent-reveal-real-fiscal-deficit-in-budget-experts/articleshow/73407049.cms
  3. No ‘creative accounting’ in budget please
    https://www.thehindubusinessline.com/opinion/no-creative-accounting-in-budget-please/article30627469.ece
  4. 15th Finance Commission likely to cut devolution to states
    https://www.business-standard.com/article/economy-policy/15th-finance-commission-may-recommend-cut-in-states-tax-devolution-share-119081100696_1.html

Industry, Manufacturing, Services and Technology

  1. Minimum wage hikes may boost productivity

https://www.livemint.com/news/india/minimum-wage-hikes-may-boost-productivity-11579597631031.html

  1. Budget 2020: Expecting support measures to push leather exports, says industry body

https://www.firstpost.com/business/budget-2020-expecting-support-measures-to-push-leather-exports-says-industry-body-7937051.html

  1. Why ‘Make in India’ has failed
    https://www.thehindu.com/opinion/op-ed/why-make-in-india-has-failed/article30601269.ece
  2. Making ‘Make in India’ work 
    https://www.thehindubusinessline.com/opinion/columns/making-make-in-india-work/article30627351.ece
  3. How Technology saved China’s economy
    https://economictimes.indiatimes.com/news/international/business/how-technology-saved-chinas-economy/articleshow/73542691.cms?from=mdr

Agriculture and Rural Economy

  1. Bolsanaro, 2020 R-Day Chief Guest, Is Making Life Harder for India's Sugarcane Farmers

https://thewire.in/trade/jair-bolsonaro-republic-day-sugarcane-wto

  1. Is MGNREGS the answer to the rural slowdown?

https://www.livemint.com/news/india/is-mgnregs-the-answer-to-the-rural-slowdown-11579685377701.html

  1. Budget 2020: Govt should announce steps to boost rural growth, infra to give more disposable income in aam aadmi's hands

https://www.firstpost.com/business/budget-2020-govt-should-announce-steps-to-boost-rural-growth-infra-to-give-more-disposable-income-in-aam-aadmis-hands-7940141.html

  1. Fix Farm Distress, boost rural demand
    https://www.thehindubusinessline.com/economy/agri-business/fix-farm-distress-boost-rural-demand/article30636255.ece

Banking and Central Bank related

  1. RBI to hold rates on inflation concerns, fiscal boost likely: Poll

https://www.livemint.com/industry/banking/rbi-to-hold-rates-on-inflation-concerns-fiscal-boost-likely-poll-11579773382036.html

  1. RBI bond purchases won’t stop yields from rising, Aditya Birla MF

https://www.livemint.com/budget/news/rbi-bond-purchases-won-t-stop-yields-from-rising-aditya-birla-mf-11579514481952.html

  1. RBI buys Rs 10,000 cr of long-term securities, sells Rs 2,950 cr of short-term govt bonds in fourth special OMO

https://www.firstpost.com/business/rbi-buys-rs-10000-cr-of-long-term-securities-sells-rs-2950-cr-of-short-term-govt-bonds-in-fourth-special-omo-7947331.html

  1. RBI doubles FPI’s debt investment limit
    https://www.thehindubusinessline.com/economy/rbi-doubles-fpis-debt-investment-limit/article30636607.ece
  2. Government seeks 10k crore interim dividend from reserve bank
    https://www.devdiscourse.com/article/business/837243-interim-dividend-issue-may-come-up-in-next-rbis-board-meeting

External Sector

  1. Advantages of US in trade deal with China
    https://www.thehindubusinessline.com/opinion/advantage-us-in-trade-deal-with-china/article30588481.ece

India Forum

  1. Understanding India’s Economic Slowdown: Need for Concerted Action

https://www.theindiaforum.in/article/understanding-india-s-economic-slowdown

  1. India 2019: A collection

https://www.theindiaforum.in/article/india-2019

 

Columns by Joseph Stiglitz and Paul Krugman

  1. Donald Trump is a good president, but only for the top 1 percent
    https://www.theguardian.com/business/2020/jan/20/donald-trump-is-a-good-president-but-only-for-the-top-1
  2. Biden, Sanders, Social Security and Smears
    https://www.nytimes.com/2020/01/20/opinion/biden-sanders-social-security.html
  3. Trump is abusing his tariff power too
    https://www.nytimes.com/2020/01/23/opinion/trump-auto-tariff.html