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World Bank ups growth for this fiscal to 6.9 per cent

-The Telegraph This is the first upgrade of India’s growth forecast by any international agency amid global turmoil India’s economy is expected to grow 6.9 per cent in the current fiscal year, the World Bank said in a report on Tuesday, citing tightening monetary policy and high commodity prices as factors impacting the country’s growth. The Bank had trimmed its growth forecast for India to 6.5 per cent in early October from a...

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Subjective indices mar World Bank’s Governance Indicators: EAC-PM Paper -Rajeev Jayaswal

-Hindustan Times The World Bank should ensure “greater transparency and accountability” while factoring in subjective opinion-based indices as inputs for its World Governance Indicators (WGI) that has significant weightage in sovereign ratings, the Economic Advisory Council to the Prime Minister (EAC-PM) said in a series of tweets citing an internal working paper, and called for independent Indian think tanks to bring out similar perception-based indices for the world in order to...

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Strategy to save: On the National Suicide Prevention Strategy

-The Hindu The National Suicide Prevention Strategy must cascade down to every district The best first step towards addressing a malaise is to recognise that it exists. The Ministry of Health and Family Welfare’s recently published National Suicide Prevention Strategy fits right there. It has been a long time coming, but the Strategy, finally in the public realm, calls attention to the massive burden of suicides in the country, and initiates steps...

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Can India Seize the Demographic Advantage? -Jayan Jose Thomas

-TheWire.in If India is to seize the advantage of its burgeoning young workforce, it needs to strategically implement economic and industrial policies. There is a new urgency in India to create jobs for the rapidly growing number of young people set to enter the workforce in the next two decades. India will account for 20 percent of the worldwide increase in the working-age population over the two decades from 2020. Projections from the...

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Haryana: 44,700 Metric Tonnes of Wheat Spoiled After Being Left in Open Plinth

-TheWire.in/ With PTI inputs The state government will recover costs of the spoiled procured wheat from officials. New Delhi: Haryana’s deputy chief minister Dushyant Chautala on Tuesday (November 15) said that 58.59 lakh metric tonnes of paddy have been procured in the state during the current season, far exceeding the target of 57 lakh MT. Chautala said that nearly 98% farmers have already received the payment amounting to Rs 11,819 crore directly into their...

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