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Tags archives: indias-economy

Economic Survey 2017-18: Ten key takeaways of India’s economy

The Economic Survey 2017-18 was tabled in Parliament this afternoon. The report card of the Indian economy for financial year 2017-18 pegged the growth rate for India’s economy in 2018-19 between 7 and 7.5 per cent. The survey has been authored by Chief Economic Adviser Arvind Subramanian. Here are the ten new facts about the Indian economy as highlighted in the economic survey. Increase in taxpayers The survey said that […]

What an IT engineer’s suicide tells us about India’s economic real and political unreal

A suicide is always a crushing tragedy. It is legally considered to be extreme and irrational, as we all believe that human life is our most precious triumph. Ironically, the suicide note always argues the opposite: That there are rational motives which compel people to end their lives. Such is what we learn from the young 25-year-old IT engineer Gopalakrishna Durga Prasad  who jumped off the fourth floor of a Pune […]

India's Economy Grew At 7% Last Year, But Jobs Increased By Just 1%

While the economy is growing at just over 7% per year, jobs increased by just 1.1% last year, according to a recently-released report covering eight key sectors of the non-farm economy. An earlier report had pegged joblessness at a fiveyear high of 5% in 2015, and under-employment at a staggering 35% of the over-15 years labour force.” Seen in this context, the government is facing a growing employment crisis which […]