WPI Inflation – FY’19 Trend Analysis
Average WPI (wholesale Price Index) inflation for FY19 settled at 4.3% (provisional) as per the data released by Ministry of Commerce & Industry some time back. Monthly inflation during the…
India’s International Trade – Analyzing FY19 Performance
Indian merchandise exports recorded growth of 9.1% for the year 2018-19, the highest in last seven years as per the provisional data released on Monday. However, trade deficit also increased…
Understanding Rural Income Pattern (Part II)
The survey estimates that there are about 21 crore rural households in India spread across 6.4 lakh villages. This corresponds to total rural population of over 95 crore or an…
Understanding Rural Income Pattern (Part I)
The distressful condition of poor in general and rural population in particular has become an important issue during this election and desirably so. However, while data on income level and…
Indian Imports – Where Does the Money Go??
India’s imports for April-Dec’18 period touched nearly $350 bn, an increase of 12% over previous year as per the Commerce Ministry data. This would be the second year of double…
Towards Efficient Electricity Market (Part III)
After the creation of single market for manufacturing and services through GST, for agriculture through E-NAM (still, work-in-progress), it is the turn of electricity market. CERC (Central Electricity Regulatory Commission)…
Budget – Revenue & Expenditure Analysis (Part II)
Against total receipt of Rs 20.8 lakh crore, government is projected to spend nearly Rs 27.8 lakh crore in FY20. Other than interest payments, broad areas which account for maximum expenditure…
Budget – Revenue & Expenditure Analysis (Part I)
The Budget proposal for year 2019-20 projects total expenditure of Rs 27.8 lakh crore against receipt of Rs 20.8 lakh crore. This implies shortfall of Rs 7 lakh crore corresponding to…
Union Budget 2019-20 – Highlights…
The “interim” budget presented today was keenly watched to see if the government sticks to the path of fiscal prudence or makes populist announcements. The speech, while making some important…
Agriculture Distress – Challenges and Remedies…
The distress being faced by agriculture sector has become a part of the mainstream agenda and rightly so. Despite supporting almost half of India’s population, rural economy remains in dire…