Weekly Updates on the Indian Economy
(14/05/2022 to 20/05/2022)
- National Accounts and State of the Economy
- Bharat fuelling retail inflation
https://www.thehindubusinessline.com/economy/17-states-record-higher-rural-retail-inflation-in-april/article65410632.ece
- Retail inflation is not just about petrol, diesel
https://www.thehindubusinessline.com/opinion/how-to-get-contain-cpi-inflation/article65419229.ece
- Who controls renewable energy technology?
https://www.thehindubusinessline.com/opinion/who-controls-renewable-energy-technology/article65420294.ece
- Food, fuel push April wholesale inflation to all-time high of 15.08%
https://www.thehindubusinessline.com/economy/april-wholesale-inflation-surges-to-all-time-high-of-1508-per-cent/article65422148.ece
- UGC norms soon to facilitate foreign universities open campuses in India
https://www.thehindubusinessline.com/news/education/ugc-working-on-norms-to-facilitate-foreign-varsities-open-campuses-in-india/article65420081.ece
- Digital currency can fix the inflation problem
https://www.thehindubusinessline.com/opinion/how-to-make-the-digital-currency-work-effectively/article65425894.ece
- Consumer inflation at 8-year high of 7.79% may 'trigger' quicker rate hikes
https://www.business-standard.com/article/economy-policy/consumer-inflation-at-8-year-high-at-7-79-may-trigger-quicker-rate-hikes-122051400040_1.html
- Resilient during pandemic, home-based women workers' recovery far from over
https://www.business-standard.com/article/economy-policy/resilient-during-pandemic-home-based-women-workers-recovery-far-from-over-122051600135_1.html
- Finance ministry didn't claim inflation hurts rich more than poor, says PIB
https://www.business-standard.com/article/economy-policy/finance-ministry-didn-t-claim-inflation-hurts-rich-more-than-poor-says-pib-122051700046_1.html
- Higher food prices to aid farm income, even as costs rise: BofA Securities
https://www.business-standard.com/article/economy-policy/elevated-prices-to-aid-income-even-as-farm-costs-rise-bofa-securities-122051700426_1.html
- Financial conditions ease in April; external headwinds to weigh: CRISIL
https://www.business-standard.com/article/economy-policy/financial-conditions-ease-in-april-external-headwinds-to-weigh-crisil-122051700675_1.html
- Challenge for India is to sustain 8-9% growth for 30 years: Amitabh Kant
https://www.business-standard.com/article/economy-policy/challenge-for-india-is-to-sustain-8-9-growth-for-30-years-amitabh-kant-122051700878_1.html
- Prices of food items continuing to increase in May, says RBI report
https://www.business-standard.com/article/economy-policy/prices-of-food-items-continuing-to-increase-in-may-says-rbi-report-122051800064_1.html
- S&P cuts FY23 India growth forecast to 7.3% on inflation, Ukraine war
https://www.business-standard.com/article/pti-stories/s-and-p-cuts-fy23-india-growth-forecast-to-7-3-on-inflation-ukraine-war-122051800464_1.html
- Senior executives in India may get 8.9% salary hike in 2022: Report
https://www.business-standard.com/article/economy-policy/senior-executives-in-india-may-get-8-9-salary-hike-in-2022-report-122051800710_1.html
- Remain watchful of recent geo-political developments: RBI Governor to banks
https://www.business-standard.com/article/economy-policy/remain-watchful-of-recent-geo-political-developments-rbi-governor-to-banks-122051800943_1.html
- Equity funds bet on sectors likely to gain from an economic revival
https://www.business-standard.com/article/economy-policy/equity-funds-bet-on-sectors-likely-to-gain-from-an-economic-revival-122051801006_1.html
- EAC-PM report recommends scheme for urban jobless, universal basic income
https://www.business-standard.com/article/economy-policy/eac-pm-recommends-employment-scheme-for-urban-jobless-univ-basic-income-122051801173_1.html
- Pollution costs India nearly as much as govt health expenditure: Study
https://www.business-standard.com/article/economy-policy/pollution-costs-india-nearly-as-much-as-govt-health-expenditure-study-122051801372_1.html
- State of Indian economy extremely concerning, says P Chidambaram
https://scroll.in/latest/1023914/state-of-indian-economy-extremely-concerning-says-p-chidambaram
- First vaccines, now wheat: India falls short of its lofty soft power goals, yet again
https://scroll.in/article/1024040/first-vaccines-now-wheat-india-falls-short-of-its-lofty-soft-power-goals-yet-again
- India should focus on domestic economic issues instead of global laurels, says Nobel laureate Abhijit Banerjee
https://economictimes.indiatimes.com/news/economy/policy/india-should-focus-on-domestic-economic-issues-instead-of-global-laurels-says-nobel-laureate-abhijit-banerjee/articleshow/91637973.cms
- India better placed to face global challenges and uncertainties: CEA V Anantha Nageswaran
https://economictimes.indiatimes.com/news/economy/policy/india-better-placed-to-face-global-challenges-and-uncertainties-cea-v-anantha-nageswaran/articleshow/91641960.cms
- Waiting till June meant losing time when war related inflation pressures accentuated: RBI governor Shaktikanta Das
https://economictimes.indiatimes.com/news/economy/policy/waiting-till-june-meant-losing-time-when-war-related-inflation-pressures-accentuated-rbi-governor-shaktikanta-das/articleshow/91646249.cms
- India's economic growth likely to be robust at 8.9% in current fiscal: FM at NDB
https://economictimes.indiatimes.com/news/economy/policy/indias-economic-growth-likely-to-be-robust-at-8-9-in-current-fiscal-fm-at-ndb/articleshow/91673100.cms
- Inflation gets to the core, project costs may go up
https://economictimes.indiatimes.com/news/economy/indicators/inflation-gets-to-the-core-project-costs-may-go-up/articleshow/91604103.cms
- Indian economy likely to grow 12-13% in Q1: ICRA
https://economictimes.indiatimes.com/news/economy/indicators/indian-economy-likely-to-grow-12-13-in-q1-icra/articleshow/91619790.cms
- Low inflation, macro stability and private investment critical for sustained growth, says RBI paper
https://economictimes.indiatimes.com/news/economy/indicators/low-stable-inflation-critical-for-spurring-growth-rbi-article/articleshow/91621619.cms
- Inflation set to avg to 9-yr high at 6.9% in FY23: India Ratings
https://economictimes.indiatimes.com/news/economy/indicators/inflation-set-to-avg-to-9-yr-high-at-6-9-in-fy23-india-ratings/articleshow/91642107.cms
- India, fastest-growing major economy, projected to grow 6.4% in 2022: UN
https://economictimes.indiatimes.com/news/economy/indicators/india-fastest-growing-major-economy-projected-to-grow-6-4-in-2022-un/articleshow/91656000.cms
- The state of inequality in India
https://economictimes.indiatimes.com/news/economy/indicators/the-state-of-inequality-in-india/articleshow/91666341.cms
- Spiralling inflation may boost gold demand as a hedge: UBS report
https://www.thehindu.com/business/Economy/spiralling-inflation-may-boost-gold-demand-as-a-hedge-ubs-report/article65420520.ece
- Can’t measure poverty without Consumption Spending data: PMEAC chief
https://www.thehindu.com/business/Economy/cant-measure-poverty-without-consumption-spending-data-pmeac-chief/article65426878.ece
- Domestic LPG price hiked by ₹3.50, crosses ₹1,000 mark
https://www.thehindu.com/business/Economy/lpg-price-hike-may-19-2022/article65429028.ece
- RBI board approves to transfer ₹30,307 crore as surplus to central Govt
https://www.thehindu.com/business/Economy/rbi-board-approves-to-transfer-30307-crore-as-surplus-to-central-govt/article65439200.ece
- Inflation Squeezes Rural Consumers’ Wallet, But Confidence Among Urban Buyers Remains Strong
https://thewire.in/economy/inflation-squeezes-rural-consumers-wallet-but-confidence-among-urban-buyers-remains-strong
- Gujarat needs to focus on 9 winning sectors to assist India become $5 tn economy: Report
https://theprint.in/economy/gujarat-needs-to-focus-on-9-winning-sectors-to-assist-india-become-5-tn-economy-report/958363/
- How financial inclusion is giving women’s empowerment a leg up
https://www.thehindubusinessline.com/data-stories/data-focus/how-financial-inclusion-is-bolstering-womens-empowerment/article65430033.ece
- Public Finance
- Telangana govt hikes liquor prices by 20-25% to mop up revenues
https://www.business-standard.com/article/economy-policy/telangana-govt-hikes-liquor-prices-by-20-25-to-mop-up-revenues-122051900438_1.html
- Centre won't trim its Capex plan despite inflation running hot
https://economictimes.indiatimes.com/news/economy/finance/centre-wont-trim-its-capex-plan-despite-inflation-running-hot/articleshow/91651659.cms
Taxation
- Centre, States must cut fuel taxes to help common man, economy: CII chief
https://www.thehindubusinessline.com/economy/centre-states-must-collaboratively-reduce-fuel-taxes-to-bring-relief-to-common-man-says-cii-chief-sanjiv-bajaj/article65419518.ece
- Over ₹50,000 cr of fake input tax credit claims detected in 18-month special drive
https://www.thehindubusinessline.com/economy/over-50000-crore-fake-input-tax-credit-detected-in-18-months/article65419377.ece#:~:text=More%20than%2020%2C000%20fake%20GSTNs,a%20period%20of%2018%20months.
- GoM may veer around to levying GST on gaming revenue
https://www.thehindubusinessline.com/economy/gom-for-28-per-cent-gst-on-online-gaming-casinos-and-horse-racing/article65426794.ece
- Govt extends April GST payment deadline till May 24 amid tech glitches
https://www.business-standard.com/article/economy-policy/govt-extends-april-gst-payment-deadline-till-may-24-amid-tech-glitches-122051701545_1.html
- Recommendations of GST Council not binding on the Centre, states: SC
https://www.business-standard.com/article/economy-policy/recommendation-of-gst-council-are-not-binding-on-the-centre-states-sc-122051900387_1.html
- SC rules GST Council's recommendations are not binding on Centre and states
https://economictimes.indiatimes.com/news/economy/policy/central-government-and-states-have-simultaneous-powers-to-legislate-on-gst-supreme-court/articleshow/91657288.cms
- Govt should focus on public policy framework; wealth creation private sector's job: Amitabh Kant
https://economictimes.indiatimes.com/news/economy/policy/govt-should-focus-on-public-policy-framework-wealth-creation-private-sectors-job-amitabh-kant/articleshow/91661577.cms
- SC ruling unlikely to alter GST regime; power to reject Council's recos never used: Revenue Secy
https://economictimes.indiatimes.com/news/economy/policy/sc-ruling-unlikely-to-alter-gst-regime-power-to-reject-councils-recos-never-used-revenue-secy/articleshow/91670317.cms
- India's economic growth likely to be robust at 8.9% in current fiscal: FM at NDB
https://economictimes.indiatimes.com/news/economy/policy/indias-economic-growth-likely-to-be-robust-at-8-9-in-current-fiscal-fm-at-ndb/articleshow/91673100.cms
- Tea planters pleaded to the Union Government to bring natural gas under the ambit of GST
https://economictimes.indiatimes.com/news/economy/agriculture/tea-planters-pleaded-to-the-union-government-to-bring-natural-gas-under-the-ambit-of-gst/articleshow/91579328.cms
- Banking and Monetary Policy
- Credit cards continue to find takers despite rise in UPI adoption
https://www.thehindubusinessline.com/data-stories/credit-cards-usage-issuances-increase-despite-rise-of-upi/article65410466.ece
- Banks can provide credit to NBFCs on an ongoing basis: RBI
https://www.thehindubusinessline.com/money-and-banking/banks-can-provide-credit-to-nbfcs-for-on-lending-to-priority-sectors-on-an-ongoing-basis-rbi/article65411293.ece
- Does RBI’s inflation band need a relook?
https://www.thehindubusinessline.com/opinion/does-rbis-inflation-band-need-a-relook/article65417016.ece
- Outward remittances under LRS hits an all-time high in FY22
https://www.thehindubusinessline.com/economy/outward-remittances-under-lrs-hits-an-all-time-high-in-fy22/article65425302.ece
- RBI's gold reserves up over 100 tonnes in the last two years, shows data
https://www.business-standard.com/article/economy-policy/rbi-s-gold-reserves-up-over-100-tonnes-in-the-last-two-years-shows-data-122051400069_1.html
- RBI not 'behind the curve' in hiking rate, says MPC member Ashima Goyal
https://www.business-standard.com/article/economy-policy/rbi-not-behind-the-curve-in-hiking-rate-says-mpc-member-ashima-goyal-122051500215_1.html
- Am hoping govt, RBI will control inflation in medium term: EAC-PM member
https://www.business-standard.com/article/economy-policy/am-hoping-govt-rbi-will-control-inflation-in-medium-term-eac-pm-member-122051500496_1.html
- RBI likely to hike rates by 75 bps by August, say SBI economists
https://www.business-standard.com/article/economy-policy/rbi-likely-to-hike-rates-by-75-bps-by-august-say-sbi-economists-122051600775_1.html
- MPC continued forward guidance for too long: MPC member Jayanth Varma
https://economictimes.indiatimes.com/news/economy/policy/lot-of-catching-up-to-do-as-mpc-continued-forward-guidance-for-far-too-long-mpc-minutes/articleshow/91643018.cms
- RBI's criticism for "delayed" rate hike unfair, says D Subbarao
https://economictimes.indiatimes.com/news/economy/indicators/rbis-criticism-for-delayed-rate-hike-unfair-says-d-subbarao/articleshow/91636099.cms
- Rupee Closes at a Record Low of 77.72 on Weak Domestic Equities, Foreign Fund Outflows
https://thewire.in/economy/rupee-closes-at-a-record-low-of-77-72-on-weak-domestic-equities-foreign-fund-outflows
- External Sector
- Exports rise 30.7% in April to over $40 billion
https://www.thehindubusinessline.com/economy/indias-goods-exports-rise-307-per-cent-in-april-to-4019-billion/article65410455.ece
- India Inc’s overseas borrowing rose 10% to $38.5 billion in FY22
https://netionaldastak.com/india-incs-overseas-borrowing-grows-10-per-cent-to-38-5-billion-in-fy22/#:~:text=As%20per%20the%20latest%20RBI,rates%20in%20the%20global%20markets.
- Forex reserves fall $11 billion so far this fiscal
https://www.thehindubusinessline.com/markets/forex/forex-reserves-decline-11-billion-in-fy23/article65416575.ece
- It’s time to overhaul trade institutions
https://www.thehindubusinessline.com/opinion/its-time-to-overhaul-trade-institutions/article65423597.ece
- Muted impact of wheat export ban on India's domestic food inflation: Nomura
https://www.business-standard.com/article/economy-policy/muted-impact-of-wheat-export-ban-on-india-s-domestic-food-inflation-nomura-122051500275_1.html
- India restricting wheat exports could make world's food problems worse
https://www.business-standard.com/article/economy-policy/india-restricting-wheat-exports-could-make-world-s-food-problems-worse-122051500476_1.html
- Netherlands jumps 5 places to become India's 5th-largest export destination
https://www.business-standard.com/article/economy-policy/netherlands-jumps-5-places-to-become-india-s-5th-largest-export-destination-122051600048_1.html
- India's surprise wheat export ban traps 1.8 mt at ports, says report
https://www.business-standard.com/article/economy-policy/india-s-surprise-wheat-export-ban-traps-1-8-mt-at-ports-says-report-122051700026_1.html
- Wheat export ban marginally positive for India inflation: British Brokerage
https://www.business-standard.com/article/economy-policy/wheat-export-ban-marginally-positive-for-india-inflation-british-brokerage-122051701101_1.html
- India to become large exporter of products post-Covid: Rajeev Chandrasekhar
https://www.business-standard.com/article/economy-policy/india-to-become-large-exporter-of-products-post-covid-rajeev-chandrasekhar-122051800951_1.html
- India remains attractive for FDI investors
https://economictimes.indiatimes.com/news/economy/finance/india-remains-attractive-for-fdi-investors/articleshow/91648995.cms
- Agriculture and Rural Economy
- Making agri-tourism a sustainable business
https://www.thehindubusinessline.com/opinion/making-agri-tourism-a-sustainable-business/article65411831.ece
- Centre bans wheat exports to rein in inflation, for food security
https://www.thehindubusinessline.com/economy/agri-business/how-india-carried-out-a-surgical-strike-to-ban-wheat-exports/article65418757.ece
- Why doubling farmers’ income is still a dream
https://www.thehindubusinessline.com/data-stories/deep-dive/why-doubling-farmers-income-is-still-a-dream/article65388168.ece
- Moong, urad, bajra most preferred crops in summer season as sowing area up 19-40%
https://www.thehindubusinessline.com/economy/agri-business/moong-urad-bajra-most-preferred-crops-in-summer-season-as-sowing-area-up-19-40/article65411449.ece
- Life after farm laws: The road ahead
https://www.thehindubusinessline.com/opinion/life-after-farm-laws-the-road-ahead/article65416989.ece
- Wheat export ban will hurt farmers
https://www.thehindubusinessline.com/opinion/wheat-export-ban-will-hurt-farmers/article65425905.ece
- Sharp drop in procurement: Centre weighs 10% tax to rein in wheat exports
https://www.business-standard.com/article/economy-policy/sharp-drop-in-procurement-centre-weighs-10-tax-to-rein-in-wheat-exports-122051400056_1.html
- Wheat export ban to cool down retail prices in a week or so: Govt official
https://www.business-standard.com/article/economy-policy/wheat-export-ban-to-cool-down-retail-prices-in-a-week-or-so-govt-official-122051400995_1.html
- Centre relaxes norms for shrivelled wheat grains for Punjab, Haryana
https://www.business-standard.com/article/economy-policy/centre-relaxes-norms-for-shrivelled-wheat-grains-for-punjab-haryana-122051401086_1.html
- Centre wants data on wheat exports to decide on further relief or ban
https://economictimes.indiatimes.com/news/economy/policy/centre-wants-data-on-wheat-exports-to-decide-on-further-relief-or-ban/articleshow/91675873.cms
- Industry, Manufacturing, Services and Technology
- EV plan hinges on securing rare minerals
https://www.thehindubusinessline.com/opinion/ev-push-hinges-on-securing-rare-resources/article65419125.ece
- Local 5G test bed to help digitise economy, boost startups: Piyush Goyal
https://economictimes.indiatimes.com/news/economy/infrastructure/pm-gati-shakti-to-help-plan-infra-projets-in-smarter-ways-reduce-costs/articleshow/91644052.cms
- Over 15,900 companies incorporated in April: Official data
https://economictimes.indiatimes.com/news/economy/indicators/over-15900-companies-incorporated-in-april-official-data/articleshow/91626130.cms
- NHAI optimistic about meeting asset monetisation target of Rs 20,000 crore in FY'23: Chairperson
https://economictimes.indiatimes.com/news/economy/finance/nhai-optimistic-about-meeting-asset-monetisation-target-of-rs-20000-crore-in-fy23-chairperson/articleshow/91636868.cms
- Digitisation helps significantly in ease of doing business for MSMEs: Survey
https://theprint.in/economy/digitisation-helps-significantly-in-ease-of-doing-business-for-msmes-survey/962670/
- Why is industry in a low growth trap?
https://www.thehindubusinessline.com/opinion/why-is-industry-in-a-low-growth-trap/article65429796.ece
- Other Articles/ Columns
- Using machine learning to target neonatal and infant mortality
https://www.ideasforindia.in/topics/human-development/using-machine-learning-to-target-neonatal-and-infant-mortality.html
- An illusory Phillips curve: Is now the right time for a rate hike?
https://www.ideasforindia.in/topics/macroeconomics/an-illusory-phillips-curve-is-now-the-right-time-for-a-rate-hike.html
Commentary
- Degree Devaluation
https://www.epw.in/journal/2022/20/commentary/degree-devaluation.html
- NPA Resolution and Bad Bank
https://www.epw.in/journal/2022/20/commentary/npa-resolution-and-bad-bank.html
Perspectives
- Land Tenure Informalities and the Pandemic
https://www.epw.in/journal/2022/20/perspectives/land-tenure-informalities-and-pandemic.html
- A Looming Crisis in Fertilisers
https://www.theindiaforum.in/article/looming-crisis-fertilisers
- Chasing Unicorns: India’s Dreams of a Digital Economy
https://www.theindiaforum.in/article/chasing-unicorns-indias-dreams-digital-economy
- The IMF Is Still Behind the Times on Capital Controls
https://www.project-syndicate.org/commentary/imf-revised-capital-control-framework-still-flawed-by-joseph-e-stiglitz-and-jonathan-d-ostry-2022-05?a_la=english&a_d=62823083cb710cb03ac40dda&a_m=&a_a=click&a_s=&a_p=%2Fsection%2Feconomics&a_li=imf-revised-capital-control-framework-still-flawed-by-joseph-e-stiglitz-and-jonathan-d-ostry-2022-05&a_pa=section-commentaries&a_ps=&a_ms=&a_r=&barrier=accesspaylog
- Fiscal Capture at the ECB
https://www.project-syndicate.org/commentary/fiscal-capture-ecb-asset-purchases-low-interest-rate-policy-by-willem-h-buiter-2022-05?a_la=english&a_d=628264c8cb710cb03a76fbed&a_m=&a_a=click&a_s=&a_p=%2Fsection%2Feconomics&a_li=fiscal-capture-ecb-asset-purchases-low-interest-rate-policy-by-willem-h-buiter-2022-05&a_pa=section-commentaries&a_ps=&a_ms=&a_r=&barrier=accesspaylog
- Another Global Recession?
https://www.project-syndicate.org/commentary/china-russia-ukraine-fed-tightening-could-mean-global-recession-by-jim-o-neill-2022-05?a_la=english&a_d=62836788c9108ccb3f2c020a&a_m=&a_a=click&a_s=&a_p=%2Fsection%2Feconomics&a_li=china-russia-ukraine-fed-tightening-could-mean-global-recession-by-jim-o-neill-2022-05&a_pa=section-commentaries&a_ps=&a_ms=&a_r=&barrier=accesspaylog
- Have We Reached the Limits to Growth?
https://www.project-syndicate.org/commentary/club-of-rome-limits-to-growth-relevant-today-by-michael-jacobs-and-xhulia-likaj-2022-05?a_la=english&a_d=6284c086c9108ccb3fab33a9&a_m=&a_a=click&a_s=&a_p=%2Fsection%2Feconomics&a_li=club-of-rome-limits-to-growth-relevant-today-by-michael-jacobs-and-xhulia-likaj-2022-05&a_pa=section-commentaries&a_ps=&a_ms=&a_r=
- Will US Inflation Lead to Recession?
https://www.project-syndicate.org/commentary/us-inflation-now-signs-of-economic-slowdown-recession-by-michael-r-strain-2022-05?a_la=english&a_d=6284f7826a1ee575a56d0a23&a_m=&a_a=click&a_s=&a_p=%2Fsection%2Feconomics&a_li=us-inflation-now-signs-of-economic-slowdown-recession-by-michael-r-strain-2022-05&a_pa=section-commentaries&a_ps=&a_ms=&a_r=
- A baby-formula shortage feeds criticism of corporate heft and price gouging
https://www.economist.com/finance-and-economics/2022/05/17/a-baby-formula-shortage-feeds-criticism-of-corporate-heft-and-price-gouging
- Even China’s official economic figures look bleak
https://www.economist.com/finance-and-economics/2022/05/19/even-chinas-official-economic-figures-look-bleak
- Offset markets struggle in the face of surging commodity prices
https://www.economist.com/finance-and-economics/2022/05/19/offset-markets-struggle-in-the-face-of-surging-commodity-prices
- How to unleash more investment in intangible assets
https://www.economist.com/finance-and-economics/2022/05/19/how-to-unleash-more-investment-in-intangible-assets
- Is China “uninvestible”?
https://www.economist.com/finance-and-economics/2022/05/19/is-china-uninvestible
- India’s once-vaunted statistical infrastructure is crumbling
https://www.economist.com/finance-and-economics/2022/05/19/indias-once-vaunted-statistical-infrastructure-is-crumbling
- Why crypto’s bruising comedown matters
https://www.economist.com/finance-and-economics/2022/05/19/why-cryptos-bruising-comedown-matters
- News on Kerala
- Delay in paddy procurement adds to farmers woes
https://www.thehindu.com/news/national/kerala/delay-in-paddy-procurement-adds-to-farmers-woes/article65417143.ece
- Inflation tides turn fishing a costly affair
https://www.thehindu.com/news/national/kerala/inflation-tides-that-turn-fishing-a-costly-affair/article65417119.ece
- MGNREGS | changes to attendance systems delay workers’ payments
https://www.thehindu.com/news/national/kerala/mgnregs-changes-to-attendance-systems-delay-workers-payments/article65419572.ece
- Borrowings never pushed State into crisis: Balagopal
https://www.thehindu.com/news/national/kerala/borrowings-never-pushed-state-into-crisis-balagopal/article65419968.ece
- NEP rollout likely to be delayed in Kerala
https://www.thehindu.com/news/national/kerala/nep-rollout-likely-to-be-delayed-in-kerala/article65423448.ece
- Balagopal hails SC order on GST
https://www.thehindu.com/news/national/kerala/balagopal-hails-sc-order-on-gst/article65430152.ece
Print Sources: The Hindu, Business Line, Business Standard, Economic Times
Online: Livemint, Scroll.in, The Wire, The Print, The India Forum, Newyork Times, Ideas for India,
Journals: Economic and Political Weekly, The Economist, Project Syndicate