Weekly Updates on Indian Economy

(18^th January 2020 to 24^th 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

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

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

3. 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

4. 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

5. 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

6. 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

7. 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

8. Economic slowdown what should the budget address
   https://www.thehindubusinessline.com/opinion/economic-slowdown-what-should-the-budget-address/article30635713.ece
9. 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
10. Privatisation in the time of nation first
    https://www.newindianexpress.com/opinions/2020/jan/20/privatisation-in-the-time-of-nation-first-2091770.html
11. 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
12. Socio political stability and growth
    https://www.business-standard.com/article/opinion/socio-political-stability-and-growth-120011900929_1.html
13. Redesigning India’s ailing data system
    https://www.thehindu.com/opinion/lead/redesigning-indias-ailing-data-system/article30609571.ece
14. 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

15. $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

16. 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

17. 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

18. ‘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

2. 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

3. 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

4. Why India faces a public funding crisis

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

5. 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

6. 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

7. 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

8. 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

9. Demystifying the union budget
   https://www.thehindubusinessline.com/opinion/columns/demystifying-the-union-budget/article30635902.ece
10. 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
11. No ‘creative accounting’ in budget please
    https://www.thehindubusinessline.com/opinion/no-creative-accounting-in-budget-please/article30627469.ece
12. 15^th 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

2. 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

3. Why ‘Make in India’ has failed
   https://www.thehindu.com/opinion/op-ed/why-make-in-india-has-failed/article30601269.ece
4. Making ‘Make in India’ work 
   https://www.thehindubusinessline.com/opinion/columns/making-make-in-india-work/article30627351.ece
5. 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

2. Is MGNREGS the answer to the rural slowdown?

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

3. 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

4. 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

2. 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

3. 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

4. RBI doubles FPI’s debt investment limit
   https://www.thehindubusinessline.com/economy/rbi-doubles-fpis-debt-investment-limit/article30636607.ece
5. 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

2. 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