Economy

Economy

Modi Government Failed to Breathe Life into MSMES

Reading Time: 4 minutesA study released by the Reserve Bank of India says that the MSME sector was already decelerating at the end of 2016 when the government came out with the demonetisation plan, which led to a further decline. An analysis for Different Truths. Micro, Small and Medium Enterprises in India have been suffering for the last […]

Mamata Government Adopts Brazen Anti-Worker Stand

Reading Time: 3 minutesIf one visits the official site of Tea Board, one can see that tea prices are going up, exports are on the rise and profits of tea companies are booming in recent years. On the other hand, one hears of starvation deaths among tea garden workers and their Dickensian working conditions.  Activist Dr. Binayak Sen […]

There is no Health Devoid of Economic Wellbeing

Reading Time: 4 minutesThe public sector is now responsible for the preventive services, while the private sector, on the other hand, is taking lead in advanced tertiary care with a profit motive. We have seen an unprecedented growth of exorbitant corporate hospitals in the health sector. There have been reports of public reaction to their fleecing the patients. […]

Phil: Nigeria is Alive to the Demands of an Emerging and Demanding Job Market

Reading Time: 8 minutesIn an extensive interview with Swati, Phil Diana Maduagwu addresses many queries about Nigeria as a middle-income, mixed economy and emerging market. A Different Truths exclusive. Phil holds a Master’s Degree in International Human Resources Management from the Cranfield University, UK, and a Master’s Degree in International Relations from the University of Benin. She is an alumnus of Howard University […]

Foreign Policy of India Comes of Age under Modi: New Approach Focuses on Economic Benefits

Reading Time: 5 minutesThe Modi government certainly has not altogether reversed the path of the foreign policy followed in previous decades, as it is neither feasible nor desirable. No country’s foreign policy can be partisan, and there can never be a tectonic shift when governments change. It is a continuum, at best modifying the path followed by all […]

Babus Put Together a Wishy-Washy e-Commerce Policy

Reading Time: 5 minutesE-commerce is one of the trade channels enabling cross-border trade of goods and services. The Information Economy Report, 2017 of the UN Conference on Trade & Development (UNCTAD) said worldwide e-commerce reached 25.3 trillion dollars in 2015, a lion’s share of (90 per cent) which was in the form of business-to-business e-commerce with barely a […]

US Moves Away from Competition to Tariff Brinkmanship

Reading Time: 4 minutesThere was no sign of any concern on the part of the chambers regarding the dark shadows of an escalating trade war — like it possibly resulting in a global recession or the surplus Chinese goods getting dumped in the Indian market at cheaper prices or the general price increase in the US, and the […]

Promotion of Walmart by UP Government is Anti-Peasant, Unpatriotic

Reading Time: 3 minutesThe UP government’s invitation to the MNCs along with Adani’s, Reliance, Patanjali, domestic allies and props of foreign exploiters will ruin peasants and rural India. Their claim of 81 projects worth Rs. 61,000 crores will generate 2.12 lakh jobs is a hoax, as acquisition of land for these projects will uproot hundreds of villagers and […]

In India Per Capita Milk Consumption is Still below Many Countries

Reading Time: 4 minutesThere is no dearth of government projects and schemes to improve the dairy sector infrastructure. However, what appears to be missing is a political will to assure small and marginal milk producers, who are contributing the most to the country’s milk production, of some guaranteed procurement price that the dairy farms will have pay.  Marginal […]

Trade War Boosts BRICS Economic Cooperation

Reading Time: 4 minutesThe 10th BRICS summit in July 2018 in Johannesburg attached significance as it was held at an important conjuncture when the global free trade is feared to be in jeopardy. It was a departure from the set agenda of internal issues of member nations and was an assertion to shield the multilateral trading system. A […]