CMIE
Oxfam report says digital divide hurting women, unemployed & rural poor in India
December 7, 2022
For almost a decade, there has been a lot of noise at leading global forums about the growing menace of digital divide and with leaders of not only various countries but also of civil society groups and large corporations promising to take quick remedial actions to bridge this di...
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GDP growth data hides deep potholes on road to recovery
December 1, 2021
The growth in Indian economy in the second quarter of the current year was more or less as per expectation of analysts. With 8.4 pc growth in the quarter ending September 30, added to the 20.1 pc growth registered in first quarter of the fiscal year, Indian Gross Domestic Product...
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Indian economy: Pandemic recovery long way off
September 8, 2021
On August 31, the Union finance ministry tweeted a self-congratulatory message saying its prediction of a V-shaped, or very rapid, recovery in the Indian economy had come true as the Gross Domestic Product in the first quarter, ending on June 30, 2021, spiked by 20.1 pc over the ...
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Second wave wipes off economic revival hopes
May 22, 2021
On April 7, after its Monetary Policy Committee meeting, the Reserve Bank of India, country’s central bank, maintained its projection for India’s GDP growth in the current fiscal at 10.5 pc, despite clear signs of the second wave of Covid-19 pandemic spreading in some parts o...
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Celebrations over economic revival in India premature
December 2, 2020
“Q2 GDP at -7.5 pc buttresses recovery as captured by several high frequency indicators,” tweeted India’s finance ministry on November 27 while releasing data about the state of the economy in second quarter of the fiscal year 2020-21. Since then, numerous ministers and pol...
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No silver lining on economy’s dark clouds
August 21, 2020
Despite various measures announced by the government, there is no sign of any revival in the Indian economy which has continued its sharp decline since March. Inflation continues to rise, job losses spread across sectors and the economy continues to contract.
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Demonetisation: Drive against devils or cashtration of Indian economy?
November 28, 2016
A coin has two sides, and so does the Indian premier, Narendra Modi’s announcement to demonetise overnight the high-value currency notes of INR 500 and INR 1,000 on a national telecast on 8 November, 2016. Why did Narendra Modi take this bold decision without elaborate consulta...
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